For Sale: 42 Stephen Drive, Toronto, ON - REW
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$1,099,000
2 + 2 bd • 2 ba • 700 - 1100 sf • House
42 Stephen Drive
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$1,099,000
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42 Stephen DriveToronto, ON, M8Y 3M6

Stonegate-Queensway
  • 2 + 2 Bed
  • 2 Bath
  • 700 - 1100 Sqft
  • House

About this home

Turnkey Bungalow with Income Potential. Welcome to 42 Stephen Dr, a beautifully renovated detached brick bungalow offering exceptional flexibility for homeowners, investors, & builders Whether you're a first-time buyer looking to offset your mortgage w/ rental income, an investor seeking a turnkey property, or a builder envisioning a future custom home, this residence presents an outstanding opportunity in one of Etobicoke's most desirable neighbourhoods. Completely move-in ready, the home has been thoughtfully updated w/ modern finishes throughout. The bright, open-concept main flr showcases rich hardwood flooring, pot lights, quartz countertops, & a functional layout designed for comfortable everyday living & effortless entertaining. Two spacious bdrms & an updated kitchen create a warm, inviting space to call home.Adding even greater value is the fully self-contained lower-level suite, featuring two bedrooms, a separate entrance, & excellent income potential. Ideal for tenants, extended family, or a live-and-rent lifestyle, this versatile space offers flexibility for today's changing needs.Outside, the private, low-maintenance backyard provides the perfect setting for relaxing or entertaining, while the private driveway accommodates parking for up to four vehicles.Situated on a generous 33 x 105-foot lot, this property also offers exciting long-term redevelopment potential. Surrounded by established homes in the highly sought-after Stonegate-Queensway community, it is an ideal site for those considering a future custom build. Conveniently located within an excellent school district & just minutes from parks, shopping, restaurants, public transit, major highways, & everyday amenities, this home combines lifestyle, location, and investment potential in one exceptional package. Move in, generate rental income, expand your investment portfolio, or build your dream home in the future, 42 Stephen Dr is a rare opportunity that offers immediate value & lasting potential.
Listed by: Tracey Logan, Salesperson, RE/MAX WEST REALTY INC.

Home facts and features

Price details
List Price
$1,099,000
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Gross Taxes for 2025
$5,158
Home facts
Bedrooms
2 + 2
Full Bathrooms
2
Parking Spaces
4
Parking Details
Private
Property Type
House
Lot Size
33 ft x 105 ft (3465 ft²)
Depth
105.0
Frontage
33.0
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Separate Entrance, Finished
Features
Carbon Monoxide Detectors, Landscaped, Library, Park, Patio, Porch, Public Transit, River/Stream, School, Smoke Detector
Community
Agent details
Primary Agent
Tracey Logan
Primary Broker
RE/MAX WEST REALTY INC.
Secondary Agent
Secondary Broker
RE/MAX WEST REALTY INC.
Listing details
Days on REW
14 Days
MLS® Number
W13532964
Source
Toronto Real Estate Board
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Property Insights

St Mark Catholic School
  • Catholic
  • JK - 8
Étienne Brûlé Junior School
  • Public
  • JK - 5
Behaviour Innovations, Children's Colleg
  • Private
  • PS - 12
Park Lawn Junior & Middle School
  • Public
  • JK - 8
Karen Kain School of the Arts
  • Public
  • 6 - 8
Swansea Junior and Senior Public School
  • Public
  • JK - 8
St Louis Catholic School
  • Catholic
  • JK - 8
David Hornell Junior School
  • Public
  • JK - 5
Etobicoke School of the Arts
  • Public
  • 9 - 12
Bishop Allen Academy Catholic Secondary School
  • Catholic
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Tracey Logan
Phone:
(416) 769-1616
Office:
416-769-1616
Salesperson
David Bailey
Phone:
416-540-0446
Office:
416-769-1616
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