Gurvinder Nokwal REALTOR®
For Sale Detached 151 days on market

$1,999,999

Est. payment $8,856/moCalculate yours

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

542 - Grimsby East, Grimsby, ON L3M 2P3

  • 6 Beds
  • 2 Baths
  • 6 Garage
  • 3,000 Sq Ft
Map

Listing courtesy of RE/MAX ESCARPMENT GOLFI REALTY INC. MLS® X13152596

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.

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
New
Size
3,000 sqft

Interior

Bedrooms
6
Bathrooms
2
Kitchens
1
Basement
Full, Walk-Up

Building & Systems

Heating
Radiant (Gas)
Cooling
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block, Poured Concrete
Roof
Asphalt Shingle, Metal
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
103 x 225 Feet
Parking
Attached garage · 16 total
Zoning
ND, R2

Financial

Property Taxes
$8,940 (2025)

Location

Neighbourhood
542 - Grimsby East
Cross Street
Central Ave
Direction Faces
East

Listing

MLS® Number
X13152596
Days on Market
151
Listed On
2026-05-20
Possession
Flexible
Listed By
RE/MAX ESCARPMENT GOLFI REALTY INC.

Rooms

Room Level Dimensions
Dining Room Main 14′ 9″ × 11′ 0″
Bathroom Second -
Bathroom Main -
Bedroom Second 13′ 4″ × 10′ 5″
Primary Bedroom Second 17′ 2″ × 9′ 5″
Kitchen Main 12′ 3″ × 10′ 9″
Other Third 13′ 3″ × 6′ 0″
Bedroom Third 12′ 5″ × 11′ 7″
Den Second 13′ 2″ × 7′ 1″
Bedroom Third 11′ 1″ × 9′ 2″
Bedroom Second 10′ 4″ × 9′ 1″
Pantry Main 12′ 2″ × 7′ 6″
Other Basement 8′ 4″ × 8′ 5″
Foyer Main 10′ 0″ × 6′ 11″
Cold Room/Cantina Basement 28′ 5″ × 9′ 5″
Utility Room Basement 30′ 9″ × 26′ 2″
Bedroom Second 13′ 1″ × 10′ 5″
Living Room Main 26′ 1″ × 11′ 8″

Features

Interior

  • Carpet Free
  • Other

Property

  • Hospital
  • Lake/Pond
  • Park

Pool

  • None
Included
Other
Excluded
N/A
Rental items
N/A

Mortgage calculator

Minimum for this price: $400,000 (20%)

Amortization, years

Estimated mortgage payment

$8,856 per month

Principal and interest
$8,856
Property tax
$745
Estimated monthly cost
$9,601

Your mortgage

Mortgage amount
$1,599,999
Mortgage insurance
Not needed
Interest over 25 years
$1,056,670

Cash to close

Down payment
$400,000
Land transfer tax
$36,475
Total, before legal fees
$436,475
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

50-52 & 54 Park Road N, Grimsby, ON L3M 2P3 542 - Grimsby East, Grimsby, ON L3M 2P3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,999,999 50-52 & 54 Park Road N, Grimsby, ON L3M 2P3
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