48 Stephen Drive
Stonegate-Queensway
Toronto
M8Y 3M6
$1,099,000
Residential Freehold
beds: 2+2
baths: 2.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- W14122782
- Bedrooms:
- 2+2
- Bathrooms:
- 2
- Photos (18)
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**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 Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- Bungalow
- Total Approx Floor Area:
- 700-1100
- Lot Depth:
- 105'2"32 m
- Lot Frontage:
- 33'1"10.1 m
- Direction Faces:
- West
- Bedrooms:
- 2+2
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Kitchens:
- 2
- Kitchens in Basement:
- 1
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 2
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 6
- Rooms Below Grade:
- 3
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Concrete
- Roof:
- Asphalt Shingle
- Basement:
- Apartment, Separate Entrance
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 4
- Total Parking Spaces:
- 4.0
- Family Room:
- No
- Possession Details:
- flex
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Included In
- Assessment Year:
- 2025
- Taxes:
- $4,728 / 2026
- Assessment:
- $- / 2025
- Toronto
- Toronto W07
- Stonegate-Queensway
- Accessory Apartment, Carpet Free
- Water Heater
- 2 Fridges, 2 Ovens, Washer & Dryer, Dishwasher, 2 Microwave Range.
- Brick
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Date Listed:
- Oct 27, 2026
Larger map options:
Listed by CENTURY 21 HERITAGE GROUP LTD.
Data was last updated October 28, 2026 at 04:15 AM (UTC)
Area Statistics
- Listings on market:
- 60
- Avg list price:
- $1,699,000
- Min list price:
- $799,000
- Max list price:
- $4,198,000
- Avg days on market:
- 27
- Min days on market:
- 1
- Max days on market:
- 222
These statistics are generated based on the current listing's property type
and located in
Stonegate-Queensway. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Red Square Team
- Royal LePage Real Estate Services Ltd., Brokerage
- 647-490-0500
- team@redsquareteam.com
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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