1076 Gainsborough Road 105
North I, London North, N6H 5L5
$100,000
- 2 bedrooms
Listed 13 days ago · MLS® X13874182
About this home
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.
Details
- Type
- Sale Of Business
- Garage
- Outside/Surface
- Kitchens
- 1
- Neighbourhood
- North I
- Municipality
- London North
Heating, cooling and services
- Heating
- Electric Forced Air, Gas
- Air conditioning
- Yes
More
- Cross street
- Hyde Park Road
- Business type
- Service Related
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 4 cafés and restaurants, 4 parks. Nearest grocery: Ungers Farmers Market (300 m). Nearest park: Hyde Park Village Green (400 m).
Schools nearby
Elementary
- St. John French Immersion School Catholic13 min walk
- St. Marguerite d'Youville School Catholic
EQAO: Gr 6 reading 74%, math 40%1.4 km - Emily Carr Public School
EQAO: Gr 6 reading 81%, math 49%2.1 km - Wilfrid Jury Public School
EQAO: Gr 6 reading 81%, math 30%2.2 km
Secondary
- St. Andre Bessette Secondary School Catholic
EQAO: Gr 9 math 70%, literacy test 90%1.9 km - Sir Frederick Banting Secondary School
EQAO: Gr 9 math 55%, literacy test 78%2.3 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area N6H
- Owners / renters
- 46% / 54%
- Median household income
- $71,000
- Average age
- 42
- Children under 15
- 15%
- Homes
- 40% detached, 44% high-rise
- Commute by transit
- 8%
- Population
- 44,215
Languages spoken most at home besides English: Arabic 3.8%, Mandarin 3.1%, Spanish 2.8%, Korean 1.1%.
Safety
Crime Severity Index for London police: 73 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
To downtown London: 7 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by Billion Realty Inc..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.