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Investment signal

$375,000

4 - 1775 ERNEST AVENUE S

Beds

Baths

Sqft

1,700

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

An exceptional opportunity to acquire a fully equipped, turnkey medical spa and ladies' beauty clinic offering premium aesthetic and wellness services in a well-established and growing market.This profitable, multi-service operation features a comprehensive range of high-demand treatments, including advanced skincare, laser hair removal, cosmetic injectables, and afull-service ladies' salon. The business benefits from a loyal and recurring client base, with approximately 300 monthly returning clients and over 850 registered clients in its booking system-providing immediate, stable cash flow.The clinic is outfitted with state-of-the-art equipment, including Soprano ICE and Titanium laser systems, body contouring technology, Hydrafacial and microneedling devices, PRP equipment, and a full suite of salon and aesthetic tools. The space is modern, professionally designed, and fully operational-allowing a new owner to step in and generate revenue from day one.In addition to service revenue, the business offers multiple income streams, including:Active retail sales of cosmetic productsChair and room rental agreements (including salon chairs and massage space) Established partnership contract with military personnel in LondonAll furniture, medical equipment, sterilization systems, and monthly consumables are included in the sale, ensuring a seamless transition and continued operation without interruption.This is a rare, turnkey investment opportunity ideal for medical professionals, aestheticians, or investors seeking a scalable business with strong fundamentals, diversified revenue, and significant growth potential in the expanding beauty and wellness sector. (id:65958)

Subtype
Business
Community
South X
Living area
1,700 square feet
Lot dimensions
Bldg=272.25 x 198.4 FT
On market
Apr 16, 2026
Status changed
Apr 16, 2026
Annual tax
$55,822 (2025)
Zoning
CSA1
Photos
43
MLS#
X13009918
Area
LONDON_SOUTH_(SOUTH_X)

Features and systems

Appliances

Furniture

Heating

Forced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$281/mo at these assumptions

Cash on cash

-4.50%

Cap rate

4.99%

GRM

13.0

Break-even rent

$2,696

Financing

Down payment$75,000
Loan amount$300,000
Mortgage$1,840/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$172
Insurance$80
Maintenance$313
CapEx reserve$156
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London South (South X). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,840/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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