50-52 & 54 Park Road N, Grimsby, ON L3M 2P3
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MLS® X13152596
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Overview
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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.
Bedrooms
6
Bathrooms
2.0
Area
3,250 sqft
Lot Size
0.5 acres
Type
Detached
Property Details
Year BuiltNot Disclosed
CityGrimsby
Postal CodeL3M2P3
Lot Dimensions103.00 × 225.00 ft
Parking16 spaces
Interior Features
Heat: Radiant
Heat Source: Gas
Cooling: Central Air
Style: 2-Storey
Exterior & Land
Sewer: Sewer
Construction: Brick, Vinyl Siding
Roof: Asphalt Shingle, Metal
Utilities & Services
Heat SourceGas
SewerSewer
50-52 & 54 Park Road N, Grimsby, ON L3M 2P3
Purchase Calculator
$1,999,999.00
$419,999.79
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
Scenario Options
First-time Buyer
Newly Built
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💸 Rental Income
🏠 Home Expenses
$900.00
100%
$400.00
📉 Taxes
🛠️ Maintenance
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⚡ Utilities etc.
Total Monthly Cost
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0
/month
Principal & interest
Home expenses
Other expenses
Rental income
- Monthly Mortgage$0.00
- Home Expenses$0.00
- Other Expenses$0.00
- Rental Income$0.00
Mortgage Amount
$0.00
Closing Costs
$0.00
Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
50-52 & 54 Park Road N, Grimsby, ON L3M 2P3
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