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. 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
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 3000-3500 sq ft
- Bedrooms
- 6
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 12
- Basement
- Full, Walk-Up
- Lot size
- 103 x 225 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 6
- Driveway spaces
- 10
- Total parking
- 16
- Parking features
- Private Double
Taxes & other
- Property taxes
- $8,940/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Central Ave
- Neighbourhood
- 542 - Grimsby East
More
- Price per sq ft
- ~$615 (at 3,250 sq ft)
- MLS® number
- X13152596
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The home and its surroundings
- Carpet Free
- Hospital
- Lake/Pond
- Park
- Security Gate
- 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 $1,999,999. With 20% down ($400,000), the mortgage payment would be roughly $8,067 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,812 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 2-storey detached home 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.
How many bedrooms and bathrooms does 50-52 & 54 Park Road N have?
50-52 & 54 Park Road N has 6 bedrooms and 2 bathrooms.
Does 50-52 & 54 Park Road N have a garage and parking?
Yes. The listing shows the garage as attached, with room for 6 cars. The driveway adds 10 spaces. In total the listing counts 16 parking spaces.
Does 50-52 & 54 Park Road N have a finished basement?
The listing describes the basement as full, walk-up.
What style of home is 50-52 & 54 Park Road N?
50-52 & 54 Park Road N is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 50-52 & 54 Park Road N, and what is the lot size?
The listing puts the home between 3,000 and 3,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 103 x 225 ft.
How is 50-52 & 54 Park Road N heated and cooled?
Heating is radiant (gas). Cooling is central air.
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® X13152596). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 50-52 & 54 Park Road N asking?
Similar detached homes for sale nearby right now include 76 Terrace Drive at $2,100,000 (4 bed), 24-26 MAPLE Avenue at $1,574,000 (4 bed) and 260 Main Street E at $1,450,000 (4 bed). 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 detached homes nearby
More detached homes for sale near 542 - Grimsby East, picked by style, size and price.
2-storey detached home$2,100,00076 Terrace Drive, Grimsby4 bed · 4 bath · 542 - Grimsby EastCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →
2-storey detached home$1,574,00024-26 MAPLE Avenue, Grimsby4 bed · 3 bath · 542 - Grimsby EastCourtesy of: RE/MAX GARDEN CITY REALTY INC.View home →
2-storey detached home$1,450,000260 Main Street E, Grimsby4 bed · 2 bath · 542 - 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.