50-52 & 54 Park Road N, Grimsby, ON L3M 2P3
542 - Grimsby East, Grimsby · Near Central Ave · View map
About this home
Rare opportunity to acquire a unique multi property offering in the heart of Grimsby, consisting of 50-52 and 54 Park Road North, being sold together. Known as the historic Gadsby Property, this exceptional package combines approximately 9,700 sq ft of industrial/manufacturing space with two residential dwellings, creating outstanding potential for live/work use, investment, redevelopment, or repurposing opportunities. The industrial component features a gated entry and a substantial 3 storey manufacturing building, historically operated as a boot manufacturing facility since the 1940s. The space offers excellent versatility for future commercial, industrial, or mixed-use possibilities, subject to buyer due diligence and municipal approvals. Complementing the property are two residential homes, including a beautifully maintained and renovated heritage residence offering over 3,000 sq ft of living space with timeless architectural details, spacious principal rooms, modern kitchen finishes, and multiple bedrooms. A second detached dwelling further enhances the flexibility and income potential of the site. Ideally located minutes from the QEW in the growing Town of Grimsby, this is a rare opportunity to secure a landmark property with significant future potential. Properties being sold as is.
The home
- Type
- Industrial
- Square footage
- 9700 sq ft
- Lot size
- 103 x 225 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $8,940/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Central Ave
- Neighbourhood
- 542 - Grimsby East
More
- MLS® number
- X13152660
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
50-52 & 54 Park Road, Grimsby, ON L3M 2P3
542 - Grimsby East, Grimsby · Near Central Ave
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Listing history for 50-52 & 54 Park Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 50-52 & 54 Park Road N
Answers come straight from this home’s MLS® listing.
How much is 50-52 & 54 Park Road N listed for, and what would it cost each month?
50-52 & 54 Park Road N is listed for $1,800,000. With 20% down ($360,000), the mortgage payment would be roughly $7,261 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,006 a month, all in. That figure is an illustration, not a quote.
Is 50-52 & 54 Park Road N freehold or a condo, and is there a monthly fee?
50-52 & 54 Park Road N is a industrial in 542 - Grimsby East, Grimsby. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 50-52 & 54 Park Road N have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 50-52 & 54 Park Road N?
50-52 & 54 Park Road N is an industrial. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 50-52 & 54 Park Road N, and what is the lot size?
The lot is listed as 103 x 225 ft.
How is 50-52 & 54 Park Road N heated and cooled?
Cooling is yes.
What are the property taxes for 50-52 & 54 Park Road N?
Property taxes are $8,940 a year (2025), or about $745 a month.
Where is 50-52 & 54 Park Road N?
50-52 & 54 Park Road N is in the 542 - Grimsby East community of Grimsby. The nearest main intersection is Central Ave. The postal code is L3M 2P3.
Is 50-52 & 54 Park Road N still for sale?
Yes. It is an active listing (MLS® X13152660). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 50-52 & 54 Park Road N asking?
Similar properties for sale nearby right now include 50-52 & 54 Park Road N at $1,800,000 (6 bed), 45 Ontario Street at $1,800,000 and 4-6 Ontario Street at $1,750,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 50-52 & 54 Park Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 50-52 & 54 Park Road N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 542 - Grimsby East, picked by style, size and price.
Detached home$1,800,00050-52 & 54 Park Road N, Grimsby6 bed · 2 bath · 542 - Grimsby EastCourtesy of: RE/MAX ESCARPMENT GOLFI REALTY INC.View home →
Office$1,800,00045 Ontario Street, Grimsby542 - Grimsby EastCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →
Commercial retail$1,750,0004-6 Ontario Street, Grimsby542 - Grimsby EastCourtesy of: ROYAL LEPAGE NRC REALTYView home →Courtesy of: RE/MAX ESCARPMENT GOLFI REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.