42 Stephen Drive Toronto, Ontario M8Y 3M6
$1,099,000
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. (id:63616)
Property Details
| MLS® Number | W13532964 |
| Property Type | Single Family |
| Neigbourhood | Stonegate-Queensway |
| Community Name | Stonegate-Queensway |
| Amenities Near By | Park, Public Transit, Schools |
| Features | Carpet Free |
| Parking Space Total | 4 |
| Structure | Patio(s), Porch |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Appliances | Water Heater, Furniture |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a, N/a (finished) |
| Construction Status | Insulation Upgraded |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Flooring Type | Hardwood, Tile, Laminate |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 105 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | 33 X 105 Ft |
| Size Total Text | 33 X 105 Ft |
| Surface Water | River/stream |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Kitchen | 4.06 m | 3.58 m | 4.06 m x 3.58 m |
| Basement | Bedroom 3 | 2.84 m | 3.58 m | 2.84 m x 3.58 m |
| Basement | Bedroom 4 | 2.84 m | 3.58 m | 2.84 m x 3.58 m |
| Basement | Laundry Room | 2.66 m | 2.53 m | 2.66 m x 2.53 m |
| Main Level | Living Room | 3.96 m | 3.4 m | 3.96 m x 3.4 m |
| Main Level | Dining Room | 2.46 m | 3.4 m | 2.46 m x 3.4 m |
| Main Level | Kitchen | 2.69 m | 2.64 m | 2.69 m x 2.64 m |
| Main Level | Primary Bedroom | 2.94 m | 3.78 m | 2.94 m x 3.78 m |
| Main Level | Bedroom 2 | 2.51 m | 3.09 m | 2.51 m x 3.09 m |
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July 07 2026 06:08:07
Toronto Regional Real Estate Board
RE/MAX West Realty Inc.