My shop is huge - 40x80 x 20 high with two 16x16 doors and a regular car door.... Ya, I know....
In my defense, I do have farm machinery like tractors and sprayers and a few Impliments in there too.
My shop has two full width (36ft) overhead radiant gas heaters.
I keep them set at 40F degrees normally. I do this to stop water based products from freezing and to keep winter humidity above the dew point.
I use a regular two stage thermostat to do this. It does not have a setting below 55F. So I simply turn the thermostat on an angle and used a separate thermometer to calibrate it to maintain the 40F.
My shop is extremely well insulated. The combination of a low temp setting and insulation keeps my heating bills low.
40 is plenty comfy for a Susquatch that was live trapped in Saskatchewan and transplanted against his will to Ontario. But if members of my tribe are joining me, I turn the heat up. With radiant heating, that's a VERY FAST process.
One of my buddies is a masonary contractor. He built a very similar shop. He installed an overhead forced air furnace - everything else is very similar.
My garage is attached to the house on two sides and shares an attic. It is heated parasitically and never goes below freezing. But I do keep an eye on it.
The biggest problem in Ontario is humidity. Windsor is the armpit of the world for humidity. Chatham is imperseptively better. Toronto area is marginally better but still horrible. I posted another thread on humidity control so I won't cover that here.
I agree with what others have said. Find what works for you and roll with it. But don't forget about humidity. Tools and machinery rust way too easily if you neglect to control humidity.
This is what happened in my travel trailer 2 winters ago.....