1076 Gainsborough Road Unit 105
North I / London North, ON N6H 5L5
About This Property
Turn key start-up wellness studio for sale at $149,900. Located on the commercial floor of a new apartment building in the expanding area of Hyde Park. Open concept design has allowed for successful groups, teams, and yoga classes to participate in cold plunge and sauna activities together. Space can be changed to accommodate any kind of fitness or wellness practice as owner sees fit. Operate as is or use this as a way to differentiate your physiotherapy, massage or other fitness/wellness practice from competitors. Common area hallway behind unit contains accessible bathroom shared with other commercial tenant. Assigned parking spaces available. Buyer will assume the remainder of rental agreement with the landlord (lease extensions available). This is an asset based valuation. Serious inquiries only. Includes* 3x Commercial Grade All-in-one Plunge Tubs* Clearlight Sanctuary Y 4 person Infrared Sauna* All maintenance supplies, chemicals, and equipment required for use of cold plunges and sauna* Leasehold construction of bathroom, two change rooms, laundry closet* Dedicated electrical for tubs, sauna, laundry, etc.* Interlocking rubber flooring* Stacked washer and dryer* Shelving, towel service, chairs, lighting* Square Point of Sale system/cash drawer* Current security system can be transferred to owner. *For Additional Property Details Click The Brochure Icon Below*
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13120398
Listed by ICI SOURCE REAL ASSET SERVICES 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
$634
/month · $103,920 mortgage
Amortization
Total Interest
$86,376
Total Cost
$190,296
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ICI SOURCE REAL ASSET SERVICES INC.















