48 Stephen Drive

Toronto, ON M8Y 3M6 ( Stonegate-Queensway)

Quick Facts

Type: Detached

Style: Bungalow

Size: Sq Ft

Age: Years

Taxes: $ 4,728 ( 2026)

Updated: 2026-10-28 14:21:23

Description

**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)

Extras

Detached

Property

Status: For Sale

MLS #: W14122782

Price: $ 1,099,000

Address: 48 Stephen Drive

Type:

Style: Bungalow

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 4,728

Tax Year: 2026

Lot Size:

Neighbourhood: Stonegate-Queensway

Nearest Intersection: Stephen Dr & The Queensway

City: Toronto

Postal Code: M8Y 3M6

DOM: 9 Days

Last Update: 2026-10-28 14:21:23

 

Building

Interior

Bedrooms: 4

Bathrooms: 2

Rooms: 0

Kitchens: 2

Family Room:

Fireplace:

Basement: Apartment Separate Entrance,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage:

Garage Spaces:

Parking Spaces: 4.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

 

Features

 

Rooms