48 Stephen Dr Toronto, ON M8Y 3M6
48 Stephen Dr Toronto, ON M8Y 3M6 | MLS W14122782 Photo 1
48 Stephen Dr Toronto, ON M8Y 3M6 | MLS W14122782 Photo 2
48 Stephen Dr Toronto, ON M8Y 3M6 | MLS W14122782 Photo 3
48 Stephen Dr Toronto, ON M8Y 3M6 | MLS W14122782 Photo 4
48 Stephen Dr Toronto, ON M8Y 3M6 | MLS W14122782 Photo 5
For more information on this listing, contact us at: (647) 989-9606
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Active
$1,099,000

48 Stephen Dr Toronto, ON M8Y 3M6

Detached Property Type
4 Beds
2 Baths
View All Property Details
**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)
MLS # W14122782
Monthly Assoc. Fee N/A
On Site 2 Days
Last Updated 10/27/2026

Location

Contact Agent

Maxine Lobban

Maxine Lobban

(647) 989-9606
Partner & REALTOR®

Property Details

Community Information

Address 48 Stephen Dr, Toronto, ON M8Y 3M6
Area Toronto
City Toronto
Postal Code M8Y 3M6
Municipality Toronto W07

Architecture

Bedrooms 4
Bathrooms 2
Style Bungalow
Construction Materials Brick
Roof Asphalt Shingle
Foundation Details Concrete
Basement Apartment, Separate Entrance

Features / Amenities

Interior Features Accessory Apartment, Carpet Free
Kitchens Total 2
Kitchen Plus 1 + 1
+ Bedrooms 2
Direction Faces West
Parking Spaces 4
Cooling Central Air
Heat Type Forced Air
Heat Source Gas

Property Features

Sq. Ft. 700-1100
Sewer Sewer
Directions Stephen Dr & The Queensway

Tax and Financial Info

Tax Annual Amount $4,728
Tax Year 2026

Listing Office

Listing provided courtesy of Century 21 Heritage Group Ltd..

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48 Stephen Dr Toronto, ON M8Y 3M6 | MLS W14122782
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Listing Information Last Updated 10/27/2026
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Affinity Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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48 Stephen Dr Toronto, ON M8Y 3M6
  • $1,099,000
  • 4 beds
  • 2 baths