Property photo 1
2 Beds

C$100,000

1076 Gainsborough Road 105, London North ON, N6H 5L5

Property typeCommercial

Overview

Active

New

Listed Oct 7, 2026

Updated 46h ago

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.

Additional information

MLS® ID
X13874182

Interior Features

Bedrooms
2
Cooling
Yes
Heating
Yes
Basement
No

 

Courtesy of Listed by , Billion Realty Inc.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 4:17 AM UTC, 10/8/2026

 

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