1076 Gainsborough Road Unit 105
North I / London North, ON N6H 5L5
About This Property
Turnkey cold-plunge & infrared-sauna recovery studio - fully built, fully permitted, fully equipped. London, Ontario. Rare opportunity to acquire a purpose-built 773 sf ground-floor recovery studio in a new mixed-use building on a high-traffic arterial corridor (Hyde Park / Gainsborough). Three premium commercial cold plunge tubs (Plunge All-In with integrated chiller & filtration) + four-person Clear light infrared sauna, all purchased new in 2024 and very lightly used. Complete commercial fit-out including rubber flooring, change rooms, washroom, laundry, dedicated electrical, plumbing, HVAC, sprinklers, lighting, and professional finishes. All City of London permits, engineering, and fire-code approvals already in place - original build-out and permitting cycle took nearly a year. Approximately $158,000 invested in assets and improvements. Lease runs to May 2029 with two further three-year options. Assignment permitted with landlord consent (not to be unreasonably withheld). Permitted uses include Medical, Wellness, Commercial Recreation, or Personal Service - ideal for cold plunge, contrast therapy, recovery, physiotherapy, massage, or adjacent wellness concepts with no change-of-use required. This is an asset-and-position sale of an operating-ready facility that was never traded at scale. The studio is ready for immediate use by an operator who can staff consistent hours and execute marketing. No material membership base or proven earnings history - buyer builds demand from a clean start. Equipment and improvements alone represent significant replacement cost and time savings versus building from scratch. Ideal for an experienced wellness operator, physiotherapist, or recovery-focused entrepreneur seeking a turnkey platform without the construction, permitting, and time risk. Asset purchase with lease assignment. Confidential process. Contact listing advisor for CIM and further details.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
Buying or selling in London North?
Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.
Talk to Filipe & Isabel Ferreira →TRREB MLS® Attribution
MLS® X13874182
Listed by Billion Realty Inc.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$488
/month · $80,000 mortgage
Amortization
Total Interest
$66,494
Total Cost
$146,494
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
Billion Realty Inc.
