NewFor Sale

48 Stephen Drive
Toronto W07, Toronto, ON, M8Y 3M6

Detached
TRREB
MLS® Number: W14122782
Estimated Value
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$1,099,000List Price
2+2Bedrooms
2Bathrooms
0Garages
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Listing History

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Current valuation for 48 Stephen Drive, Toronto, ON M8Y 3M6. Listed for $1,099,000 on 2026-11-02

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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)

Features

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Amenities

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Summary

Tax:$4,728 / 2026
Listing #:W14122782
Property Type:Detached, Bungalow
Size:700-1100 feet²
Land Size:33.05 x 105.14
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 HERITAGE GROUP LTD.

Rooms

Details

Property

Property Type:Detached
Style:Bungalow
Community:Stonegate-Queensway
Municipality:Toronto

Building

Size:700-1100 feet²
Construction:Brick

Inside

Bedrooms:2+2
Bedrooms Above Grade:2
Bathrooms:2
Kitchens:2
Family Room:No
Appliances Included:Accessory Apartment, Carpet Free
Basement:Apartment, Separate Entrance

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:4

Utilities

Cooling:Central Air
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Sewer

Land

Cross Street:Stephen Dr & The Queensway

$1,099,000

List price

48 Stephen Drive, Toronto W07 – 2+2 bed Detached for sale · MLS® # W14122782