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48 Stephen Dr, Toronto, Ontario, M8Y 3M6

$1.10M
Beds 2+2Baths 2Sqft 700-1100Parking 4
48 Stephen Dr Photo 1

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)

Home Details

List Date

2026-10-26

Style

Bungalow

Type

Detached

Status

Active

Year Built

UNKNOWN

Features

Bedrooms

2+2

Bathrooms

2

Heating

Forced Air

Cooling

-

Parking

4 Spaces

Appliances & Equipment

Inclusions

2 Fridges, 2 Ovens, Washer & Dryer, Dishwasher, 2 Microwave Range.

Exterior

Construction

Brick

Water & Sewer

Municipal

Lot Size

33.05 x 105.14 Feet

Garage

None

Taxes

$5K (2026)

Listing Brokerage

Brokerage Name

CENTURY 21 HERITAGE GROUP LTD.

Samuel Muttiah

Samuel Muttiah

Transition Realtor | Canada to Southern California

KW Beverly Hills

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