The Jennifer Jones Team, LPT Realty, Brokerage
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Toronto, ON

48 Stephen Drive

$1,099,000

Data last updated Oct 30, 2026, 4:00 p.m. ET. By using this site you agree to our Terms of Use.

Detached at 48 Stephen Drive, Toronto, ON
48 Stephen Drive, Toronto, ON, photo 248 Stephen Drive, Toronto, ON, photo 3

Property facts

Price
$1,099,000
Type
Detached
Bedrooms
2
Bathrooms
2
MLS®
W14122782
Status
active
Brokerage
CENTURY 21 HERITAGE GROUP LTD.

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)

Location

Search the full MLS®

More details

Property tax
$4,728 (2026)
Days on market
4
Style
Bungalow
Lot
33.05 × 105.14 Feet
Parking
4 spaces · None
Basement
Apartment, Separate Entrance
Heating
Forced Air
Air conditioning
Central Air
Neighbourhood
Stonegate-Queensway
Major intersection
Stephen Dr & The Queensway

Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.

Home value