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For saleMLS® X13152660

50-52 & 54 Park Road N, Grimsby, ON L3M 2P3

Grimsby East · L3M 2P3

$1,800,000

$186 / sq ft

5 months on market

Total area
9,700 sf
Lot
103 × 225 ft

What's special

  • Yes

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About this property

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.

Property details

Property

Property type
industrial
Interior size
9,700 sq ft
Lot size
103 × 225 ft
Zoning
ND, R2
Possession
Flexible

Interior

Heating
Other
Cooling
Yes

Exterior & services

Garage
Other
Sewer
Sanitary

Costs

List price
$1,800,000
Property taxes
$8,940 / year (2025)
Price per sq ft
$186

Listing

MLS® number
X13152660
Status
For sale
Listed
May 20, 2026
Days on market
168
Last updated
October 28, 2026
Listing brokerage
RE/MAX ESCARPMENT GOLFI REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment20.0% · minimum $360,000
$360,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,962.01
Property tax (est.)
$745.00
Estimated monthly
$8,707

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$32,475
Total due on closing
$32,475

An estimate on the asking price of $1,800,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ESCARPMENT GOLFI REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,800,000

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