5257 Highway 10, New Germany, (MLS® 202600671) REMAX NOVA
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5257 Highway 10, New Germany

3 1 1020 sqft
$374,900 For Sale

Description

Fully leased two unit commercial investment property in the heart of New Germany with strong cash flow and long term stability. The main floor is occupied by 2 Papa’s Pizza, leasing the space for $1,700 per month plus utilities with a secure lease in place until July 2029. The upper level consists of a renovated three bedroom, one bath apartment generating $1,800 per month plus utilities on a fixed term lease expiring August, 2026. The unit features an open concept kitchen and living area, large vinyl windows providing excellent natural light, and a main floor mudroom with laundry. Recent upgrades include new drywall, flooring, and a newer heat pump, with an additional energy efficient ducted heat pump available and ready to be connected. Major building improvements include new electrical panels and wiring, a metal roof, electric on demand water heater, hot water tank, and water softener systems. Located just 20 minutes from Bridgewater, this highly profitable property offers reliable income with minimal deferred maintenance.

Listing Details

Address
5257 Highway 10, New Germany, B0R 1E0

Status
ACTIVE
Listing Price
$374,900
MLS®
202600671
Type
Single Family
Style
Detached
Square Footage (MLA)
1,020  ft2
Total Fin SqFt (TLA)
1,020  ft2
PID
60257391
Bedrooms
3
Full Baths
1
Half Baths
0

Water
Drilled Well
Sewer
Septic
Utilities
Cable,Electricity,High Speed Internet,Telephone

Building Specifications

Foundation Type
Poured Concrete
Roof
Asphalt Shingle,Metal
Exterior Finish
Wood Siding
Flooring
Carpet,Laminate

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Rooms

LEVEL TYPE DIMENSIONS
2nd Level Living Room 14'6 x 15'10
2nd Level Eat In Kitchen 15'5 x 10'5
2nd Level Bath 1 7'8 x 4'11
2nd Level Bedroom 11'5 x 9'2
2nd Level Primary Bedroom 12'5 x 10'3
2nd Level Bedroom 10 x 9'3

Garage & Parking

Garage
N
Details
---

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

916

Median Age

52.5

Avg Household Size

2.1

Avg House Income

$66K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $153,800 ---
2023 $68,800 ---
2022 $60,200 ---
2021 $59,000 ---
2020 $59,400 ---
2019 $59,800 ---
2018 $59,400 ---
2017 $58,200 ---
2016 $59,000 ---
2015 $71,500 ---
2014 $69,500 ---
2013 $72,700 ---
2012 $70,500 ---

Maps

Mortgage Inquiries

Last Updated On: 1/13/2026 2:23:57 PM (UTC)