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$1,099,000
Ontario,Toronto (Stonegate-Queensway)
For Sale Active
48 STEPHEN DRIVE, Toronto (Stonegate-Queensway), Ontario M8Y3M6
  • 4
  • 2
  • 700 - 1100Square Feet
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Basic Details
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) (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: W14122782
  • Price: $1,099,000
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 700 - 1100 Sqft
  • Status: Active
  • Office Name: CENTURY 21 HERITAGE GROUP LTD.
  • Property Sub Type: Single Family
  • Office Key: 51523
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: N/A, Apartment in basement, Separate entrance
  • Parking: No Garage
  • Architectural Style: Bungalow
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Toronto (Stonegate-Queensway), M8Y3M6
  • Street: Stephen
  • Street Number: 48
  • Street Suffix: Drive
  • Longitude: W80° 30' 51.3''
  • Latitude: N43° 37' 58''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 33.1 x 105.1 FT
  • Stories: 1.0
Financial
  • Tax Annual Amount: 4728
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Listing updated: 2026-11-01 03:19:59
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Listing Information
  • List Agent Key: 2015514
  • List Office Key: 51523
  • Modification Timestamp: 2026-10-28T14:50:33Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-10-28T14:38:16Z
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Listing updated: 2026-11-01 03:19:59
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