50 PARK Road
Grimsby, Ontario
9,700 sqft • Other
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.
Price History
Schools
Elementary
- Grand Avenue Public School0.3 km
Public · DSB Niagara · 220 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 77% met the provincial standard
- Park Public School0.7 km
Public · DSB Niagara · 110 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 75% met the provincial standard
- St John Catholic Elementary School1.7 km
Catholic · Niagara CDSB · 325 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- West Niagara Secondary School1.3 km
Public · DSB Niagara · 1655 students
Grade 10 literacy: 88% met the provincial standard
- Blessed Trinity Catholic Secondary School4.5 km
Catholic · Niagara CDSB · 1085 students
Grade 10 literacy: 94% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3M
- Population
- 28,433
- Private dwellings
- 11,465
- Median age
- 44.8
- Average household size
- 2.5
- Median household income
- $104,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Other in Grimsby · last 12 months
- Median sold price
- $722,500
- Homes sold
- 383
- Median days on market
- 27
- Sale-to-list price
- 96.7%
Based on 383 recorded sales of other properties in Grimsby over the last 12 months.
Location
Mortgage Calculator
$400,000
Estimated Monthly Payment
$9,825
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $9,825/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $500/mo
Estimates only. Consult a financial advisor.
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