Listed for:Listed May 20, 2026
$1,999,999

50-52 & 54 Park Road N

Grimsby (Grimsby East), ON L3M 2P3

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 50-52 & 54 Park Road N, Grimsby, Grimsby East

No listing history available

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About 50-52 & 54 Park Road N, Grimsby, Grimsby East

Summarized Description

  • Unique multi-property offering in Grimsby.
  • 9,700 sq ft of versatile industrial space.
  • Renovated heritage residence with modern finishes.
  • Potential for live/work and redevelopment.
  • Two residential homes enhance income potential.
  • Gated entry for added security.
  • Minutes from QEW for easy access.
  • Significant future potential for investors.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,940
Land Transfer Tax Fee
$36,475

Rental Items

Rental Equipment
N/A

Basement Type
Full, Walk-Up

Interior Features

Interior Extras
Carpet Free, Other
Fireplace/Stove
Yes
Fireplace Features
Wood
Elevator
No

Exterior Features

Exterior Extras
Security Gate
Pool
None
Property Features
Hospital, Lake/Pond, Park
Other Structures
Other

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle, Metal
Foundation Details
Concrete Block, Poured Concrete
Special Designation
Unknown

Lot

Lot Front
103.00 ft
Lot Depth
225.00 ft

Inclusions

Inclusions
Other

Exclusions

Exclusions
N/A

Parking & Garages

Garage Type
Attached
Garage Spaces
6
Parking Spaces
10
Total Garage And Parking Spaces
16

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
6
Washrooms
2
Kitchens
1

Room sizes

  • Foyer—
    Main level
  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Pantry—
    Main level
  • Dining Room—
    Main level
  • Bathroom—
    Main level, 2 Pc Bath
  • Primary Bedroom—
    Second level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Den—
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Bedroom—
    Third level
  • Bedroom—
    Third level
  • Other—
    Third level
  • Utility Room—
    Basement level
  • Other—
    Basement level
  • Cold Room/Cantina—
    Basement level

Washrooms

  • 2-piece, Main
  • 4-piece, Second

Municipality
Grimsby
Neighbourhood
Grimsby East
Main cross streets
Central Ave
Zoning
ND, R2
Directions
Central Ave

MLS® number
X13152596
Data source
Toronto Regional Real Estate Board
Listed on
2026-05-20
Updated on
2026-05-22
Days on market
151 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
RE/MAX ESCARPMENT GOLFI REALTY INC.

Home Market Value

Current home valuation for 50-52 & 54 Park Road N, Grimsby, Grimsby East, Grimsby, ON. Listed for $1,999,999

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 50-52 & 54 Park Road N, Grimsby, Grimsby East

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Grimsby, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$400,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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+CMHC insurance
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=Total mortgage
$1,599,999$1,499,999$1,399,999$1,299,999
Amortization
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Payment frequency
=Mortgage payment
$7,812monthly$7,324monthly$6,836monthly$6,347monthly
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Land Transfer Tax

Provincial

$36,475

Total Land Transfer Tax

$36,475

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