Dental Practices for Sale in Ontario Exceptional Opportunity in Red Lake

The Only Dental Office in Red Lake: Practice and Real Estate for $900,000

What if you could acquire the only dental office in an underserved Northern Ontario community, complete with five equipped operatories and the building, for less than the cost of fitting out a comparable practice in leased space? In Red Lake, that opportunity is available for $900,000 – including the building! 

For a dentist prepared to look north, Red Lake may offer the most compelling practice opportunity in Ontario.

Fitting out a new five-operatory practice in leased premises can approach $900,000….. before acquiring any real estate. Here, the same investment purchases the equipped practice and the building that houses it.

That isn’t the best part, though. The more remarkable part of the opportunity, is the market.

The Municipality of Red Lake has a population of approximately 4,100 and a median household income of $111,000. The clinic has not provided care since May 2025, leaving Red Lake without a locally operating dental practice.

This underserved market is also positioned to expand. Work has begun on the new Berens River Bridge and associated roadworks north of Red Lake. When completed, the project will provide year-round road access between Red Lake and Pikangikum First Nation, which has approximately 3,350 residents. The project will also eliminate the Berens River ice crossing and improve winter-road connections for six additional First Nations communities with a combined resident population of approximately 5,500.

This means the practice will be located in a year-round connected market of approximately 7,450 people when Red Lake and Pikangikum are combined. Including the six communities that will receive improved seasonal road access, the broader regional population served by the transportation corridor approaches 13,000.

Not every resident of that broader region will become a patient, of course. But the fundamentals are difficult to overlook: no competing dental office in Red Lake, substantial unmet local demand, a major transportation project expanding access to the community, five equipped operatories and ownership of the underlying real estate.

At $900,000, this is not merely an inexpensive way to enter practice ownership. It is an opportunity to re-establish the only dental office in an underserved regional market, delivering much needed care to thousands, in the heart of Ontario’s gold-mining country. For the right person, this has the potential to be your very own dental gold mine!