50-52 & 54 Park Road
Grimsby, ON
- 6 bed
- 2 bath
- approx. 3000-3500 sqft
- Detached
- 106 days on market
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.
Listing Details
- Taxes (2025)
- $8,940
- Listed
- May 20, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle, Metal
- Foundation
- Concrete Block, Poured Concrete
- Interior
- Carpet Free, Other
- Lot Size
- 103 x 225 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 6
- Total Parking
- 16
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Central Ave
- Zoning
- ND, R2
- Parcel Number
- 460350659
- Possession
- Flexible
- Occupancy
- Vacant
Included
- Inclusions
- Other
- Exclusions
- N/A
- Rental Items
- N/A
Schools
Elementary
- Grand Avenue Public School0.4 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 School1.6 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
Residential Freehold in Grimsby · last 12 months
- Median sold price
- $715,000
- Homes sold
- 383
- Median days on market
- 26
- Sale-to-list price
- 96.7%
Based on 383 recorded sales of residential freehold properties in Grimsby over the last 12 months.
Rooms
2-piece on Main, 4-piece on Second
Third
- Bedroom12'5" x 11'7"
- Bedroom11'1" x 9'2"
- Other13'3" x 6'
Second
- Bathroom
- Bedroom13'4" x 10'5"
- Bedroom10'4" x 9'1"
- Bedroom13'1" x 10'5"
- Den13'2" x 7'1"
- Primary Bedroom17'2" x 9'5"
Main
- Bathroom
- Dining Room14'9" x 11'
- Foyer10' x 6'11"
- Kitchen12'3" x 10'9"
- Living Room26'1" x 11'8"
- Pantry12'2" x 7'6"
Basement
- Cold Room/Cantina28'5" x 9'5"
- Other8'4" x 8'5"
- Utility Room
Listed by
RE/MAX ESCARPMENT GOLFI REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$400,000
Estimated Monthly Payment
$9,825
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $9,825/mo (20% down, 5.5%)
Taxes: $745/mo · Insurance: $500/mo
Estimates only. Consult a financial advisor.
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