50-52 & 54 Park Rd N is a 6-bedroom, 1-bathroom detached home in Grimsby, listed for $1,800,000. It has 3000-3500 sq ft of living space.
1Rare 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.
2The space offers excellent versatility for future commercial, industrial, or mixed-use possibilities.
3A second detached dwelling further enhances the flexibility and income potential of the site.
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.
6 bedrooms, 1 bathroom, about 3,000 sq ft, works out to roughly $600 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 50-52 & 54 Park Rd N
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
16 spacesYes garage
Basement
Full, Walk-Up
Features & systems
Parking & garage
Garage
Yes
Parking spaces
16
Interior
Basement
Full · Walk-Up
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
50-52 & 54 Park Rd N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$8,843
/mo
based on the purchase price of $1,800,000
$360,000 cash
$1,440,000 financed
$1,212,858 total interest
Principal54%$1,440,000
Interest46%$1,212,858
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Grimsby
Other 6-bed homes for sale in Grimsby around $1.8M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings178Homes for sale here right now.
Median vs prior 90 days+4.6%Compared with May 12 – Aug 10, 2026: prices up.
Based on 168 sales from Aug 10 – Nov 8, 2026 (107 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 50-52 & 54 Park Rd N
How much is 50-52 & 54 Park Rd N listed for?
50-52 & 54 Park Rd N is listed at $1,800,000 (MLS® X13152596). Summitly updates the price as soon as the MLS® record changes.
Is $1,800,000 a good price for 50-52 & 54 Park Rd N?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Grimsby. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 50-52 & 54 Park Rd N changed?
Yes — it was first listed at $1,999,999 and is now $1,800,000, a drop of $199,999 (10.0%).
How many bedrooms and bathrooms does 50-52 & 54 Park Rd N have?
50-52 & 54 Park Rd N has 6 bedrooms and 1 bathroom, with about 3,000–3,500 square feet of living space. It is a detached home in Grimsby.
How much would the monthly mortgage be on 50-52 & 54 Park Rd N?
About $8,843 a month — principal and interest on $1,800,000 with 20% down ($360,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 50-52 & 54 Park Rd N compare with other homes in Grimsby?
Its asking price of $1,800,000 is about 146% above the median sold price in Grimsby over the last 90 days, $732,000, across 168 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 50-52 & 54 Park Rd N been sold before?
Summitly has no earlier MLS® sale or lease of 50-52 & 54 Park Rd N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 50-52 & 54 Park Rd N?
50-52 & 54 Park Rd N is in Grimsby, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 50-52 & 54 Park Rd N been on the market?
172 days — 50-52 & 54 Park Rd N was listed on May 20, 2026.
What is the price per square foot of 50-52 & 54 Park Rd N?
About $514 to $600 per square foot: the asking price of $1,800,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 50-52 & 54 Park Rd N have parking or a garage?
Yes — the listing gives 16 parking spaces. Garage: Yes.
Does 50-52 & 54 Park Rd N have a basement, and is it finished?
The listing describes the basement as: Full, Walk-Up.
