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Beds
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Year
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Type
Retail
On market
10d
--WELLNESS BUSINESS FOR SALE--Presenting a rare below-replacement-cost acquisition opportunity: a fully equipped, turnkey commercial wellness business offered at just $119,000—a price that sits deliberately below the current market value of the included equipment, modern leasehold improvements, and setup costs (which independently exceed the asking price), meaning you are effectively acquiring hard assets at a discount to their tangible asset value while avoiding the typical six-figure capital outlay and months of construction delays associated with building out a comparable ±1,100 sq. ft. medical, chiropractic, aesthetic, or massage clinic from scratch; this professionally modernized space currently features five dedicated treatment rooms, a washer and dryer for laundry efficiency, a private office, and a dedicated staff room, all complemented by revenue-generating clinical assets including professional hydraulic massage tables, a premium shockwave therapy machine (a high-demand, high-fee service generator), towel warmer, specialized stone heater, and numerous other ancillary items, all supported by a highly favorable below-market lease that minimizes overhead and maximizes immediate cash flow, allowing a licensed massage therapist, chiropractor, aesthetician, or medical professional to simply bring their certification, begin operations within days, and benefit from a dense residential location with strong foot traffic and ample parking—all at an entry price that represents a genuine asset arbitrage play in a stabilized, ready-to-operate package. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 31, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Edmonton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.