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48 Stephen Drive
Stonegate-Queensway Toronto M8Y 3M6

$1,099,000
Residential Freehold beds: 2+2 baths: 2.0

Main Photo: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 1: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 2: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 3: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 4: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 5: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 6: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 7: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 8: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 9: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 10: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 11: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 12: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 13: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 14: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 15: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 16: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 17: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 18: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
W14122782
Bedrooms:
2+2
Bathrooms:
2
**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)
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
700-1100
Lot Depth:
105'2"
Lot Frontage:
33'1"
Direction Faces:
West
Bedrooms:
2+2
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
flex
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$4,728 / 2026
Assessment:
$- / 2025
Toronto
Toronto W07
Stonegate-Queensway
Accessory Apartment, Carpet Free
Water Heater
2 Fridges, 2 Ovens, Washer & Dryer, Dishwasher, 2 Microwave Range.
Brick
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Oct 27, 2026
Original Price:
Previous Price:
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Listed by CENTURY 21 HERITAGE GROUP LTD.
Data was last updated October 28, 2026 at 12:15 PM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$1,699,000
Min list price:
$799,000
Max list price:
$4,198,000
Avg days on market:
27
Min days on market:
1
Max days on market:
223
These statistics are generated based on the current listing's property type and located in Stonegate-Queensway. Average values are derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.