$1,099,000
 $5,900 est/mo Sourced by Back At You

48 Stephen Drive,Toronto (Stonegate-Queensway), ON M8Y3M6

Toronto (Stonegate-Queensway), ON M8Y3M6

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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:13843)

Details

MLS #W14122782
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site13
Listing Provided ByCENTURY 21 HERITAGE GROUP LTD. | MAHSA RAHBARI

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet700
BasementY
Story(s)1

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
AppliancesWasher, Dishwasher, Range, Oven, Dryer, Microwave, Two Refrigerators
Fireplace Yes / NoNo

Exterior

Lot FeaturesCarpet Free
Foundation DetailsConcrete

Parking

Parking FeaturesNo Garage
Parking Total4

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount4728
Tax Year2025

Area Information

ProvinceON
CityToronto (Stonegate-Queensway)
Postal CodeM8Y3M6
Listing VS Median (in M8Y3M6)
Price:
$1,099,000
low | high
Med:
$1,099,000
50% of Average
sqft:
700
low | high
Med:
700
50% of Average
$ / sqft:
$1,570
low | high
Med:
$1,570
50% of Average
On site:
13
low | high
Med:
13
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityToronto (Stonegate-Queensway)
Postal CodeM8Y3M6
Listing VS Median (in M8Y3M6)
Price:
$1,099,000
low | high
Med:
$1,099,000
50% of Average
sqft:
700
low | high
Med:
700
50% of Average
$ / sqft:
$1,570
low | high
Med:
$1,570
50% of Average
On site:
13
low | high
Med:
13
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $824K - $1.373M
sqft: 525 - 875
Listing Updated: October 28, 2026 at 7:13:10 AM PDT