For Sale: 48 Stephen Drive, Toronto, ON - REW
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$1,099,000
2 + 2 bd • 2 ba • 700 - 1100 sf • House
48 Stephen Drive
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$1,099,000
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48 Stephen DriveToronto, ON, M8Y 3M6

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

About this home

**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)
Listed by: Mahsa Rahbari, Salesperson, CENTURY 21 HERITAGE GROUP LTD.

Home facts and features

Price details
List Price
$1,099,000
Get Pre-Approved
Gross Taxes for 2026
$4,728
Home facts
Bedrooms
2 + 2
Full Bathrooms
2
Parking Spaces
4
Property Type
House
Lot Size
33 ft x 105 ft (3474 ft²)
Depth
105.14
Frontage
33.05
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Apartment, Separate Entrance
Community
Agent details
Primary Agent
Mahsa Rahbari
Primary Broker
CENTURY 21 HERITAGE GROUP LTD.
Listing details
Days on REW
1 Day
MLS® Number
W14122782
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
Etobicoke School of the Arts
  • Public
  • 9 - 12
David Hornell Junior School
  • Public
  • JK - 5
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
Mahsa Rahbari
Phone:
416-882-4528
Office:
905-895-1822
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