5022 Lake Street
Grimsby Beach (540), Grimsby, ON
- 6 bedrooms
- 6 bathrooms
- 6 parking spaces
- 3,988 square feet
Listed by Royal LePage NRC Realty Inc.
$1,999,000
Grimsby East (542), Grimsby, ON L3M 2P3
$1,800,000
MLS® 40831919

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.
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 3.73 × 3.28 | — |
| Cold Room | Basement | 8.66 × 2.87 | — |
| Bedroom | Third | 3.78 × 3.53 | — |
| Den | Second | 4.01 × 2.16 | — |
| Living Room | Main | 7.95 × 3.56 | — |
| Bedroom | Second | 3.99 × 3.17 | — |
| Bathroom | Second | — | 4-Piece |
| Pantry | Main | 3.71 × 2.29 | — |
| Utility Room | Basement | 9.37 × 7.98 | — |
| Storage | Third | 4.04 × 1.83 | — |
| Bedroom Primary | Second | 5.23 × 2.87 | — |
| Bedroom | Second | 3.15 × 2.77 | — |
| Bedroom | Third | 3.38 × 2.79 | — |
| Dining Room | Main | 4.50 × 3.35 | — |
| Bathroom | Main | — | 2-Piece |
| Storage | Basement | 2.54 × 2.57 | — |
| Bedroom | Second | 4.06 × 3.17 | — |
| Foyer | Main | 3.05 × 2.11 | — |
50-52 & 54 Park Road N, Grimsby East (542), Grimsby, ON, L3M 2P3
Listing courtesy of RE/MAX Escarpment Golfi Realty Inc.. MLS® 40831919. Data provided by Information Technology Systems Ontario (ITSO), last updated October 28, 2026. Information deemed reliable but not guaranteed.
50Grimsby Beach (540), Grimsby, ON
Listed by Royal LePage NRC Realty Inc.
$1,999,000