$149,900 - 1076 Gainsborough Road Unit 105, London North
New Construction for Sale in London North
37 days on market- MLS Number
- X13120398
- Property Type
- New Construction
- Status
- active
- Days on Site
- 37
- Bedrooms
- 2
- Bathrooms
- 0
- Square Feet
- N/A sqft
- Neighbourhood
- London North
- Listing Brokerage
- ICI SOURCE REAL ASSET SERVICES INC.
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*
Estimate your monthly payments for this property
Estimated Payment
$769.06/mo
Includes CMHC insurance ($4,182)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London North
London North is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London North
- •Convenient location in London North
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London North offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1076 Gainsborough Road Unit 105, London North
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Efficient Living
At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.