$439,900
47 & 49 Geiger Drive
Beds
—
Baths
—
Sqft
—
Year
1991
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Wilmot. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
This well-maintained duplex is situated on a large, level lot and features two sheds and a charming gazebo, offering excellent outdoor space and ample parking with room for two vehicles per unit. Both units are in great condition and feature new heat pumps installed in 2023, providing efficient heating and cooling. One unit includes a stove, fridge, washer, and dryer, while the other unit includes a fridge. With both units in excellent shape, this property presents a fantastic investment opportunity or an ideal option for owner-occupancy with rental income. A turnkey duplex offering space, comfort, and strong income potential. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- Wilmot
- Common interest
- Freehold
- Lot size
- 0.79 acres
- Lot dimensions
- 0.7874
- On market
- Feb 13, 2026
- Status changed
- Apr 27, 2026
- Photos
- 21
- MLS#
- 202602720
- Area
- WILMOT
Features and systems
Parking
Basement
Appliances
Exterior
Flooring
Foundation
Community
Cash on cash
-4.56%
Cap rate
3.95%
GRM
15.3
Break-even rent
$2,752
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.