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NewDetached

48 Stephen Drive

Stonegate-Queensway · Etobicoke, M8Y 3M6

$1,099,000

Beds
2+2
Baths
2
Size
700-1,100 ft²
Type
Detached
Listed
Listed today
MLS®
W14122782

About this home

**Beautifully Renovated! Incredible Income Potential! Steps Away from an Exceptional Lifestyle!** Welcome to 48 Stephen Drive, a beautifully renovated, move-in-ready detached bungalow in Toronto's sought-after Stonegate-Queensway neighbourhood, offering the perfect combination of modern comfort, exceptional versatility & outstanding income potential! Situated on a generous 33 x 105 ft lot with parking for 4 vehicles, this impressive home features a bright, inviting main floor with two spacious bedrooms, stylish finishes, beautiful quartz countertops & thoughtfully updated living spaces designed for everyday comfort & effortless entertaining. A standout feature is the direct access from the main floor to the backyard! Seamlessly connecting indoor & outdoor living, this valuable feature makes summer BBQs, family gatherings, outdoor dining & relaxing in your private outdoor space wonderfully convenient. The income potential is equally impressive! The fully finished basement features a separate entrance, a second kitchen & two additional bedrooms, creating an excellent opportunity for rental income, multigenerational living, or extended family accommodation. Live comfortably upstairs while exploring the possibility of additional income to help offset your mortgage! Enjoy a fantastic location just minutes from Toronto's beautiful waterfront, beaches, scenic trails, parks, shopping, restaurants, public transit & major highways. Whether you're a first-time buyer, growing family, investor, or someone looking for a flexible living arrangement, this home offers an exceptional opportunity in an established Toronto neighbourhood. With its extensive renovations, functional layout, generous lot & exciting future possibilities, 48 Stephen Drive is more than just a home - it's a smart lifestyle choice with room to grow. * Move In. Enjoy the Lifestyle. Unlock the Potential! * A rare combination of location, comfort & opportunity. Don't miss it! * (some photos virtually staged)

Property details

MLS® number
W14122782
Property type
Detached
Style
Bungalow
Bedrooms
2+2
Bathrooms
2
Kitchens
2
Interior size
700-1,100 ft²
Lot
33.05 × 105.14 ft
Basement
Apartment, Separate Entrance
Heating
Forced Air, Gas
Cooling
Central Air
Parking
4 total
Exterior
Brick
Property taxes
$4,728 (2026)
Possession
flex
Cross street
Stephen Dr & The Queensway
Community
Stonegate-Queensway
City
Etobicoke

Location

Stonegate-Queensway · Etobicoke, near Stephen Dr & The Queensway

48 Stephen Drive, Etobicoke

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$4,866per month

$219,800 down · 4.5% · 25 years

Down payment

%
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An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

Etobicoke

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