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42 Stephen Drive, Toronto, ON M8Y 3M6

Toronto W07, ON, M8Y 3M6 · Stonegate-Queensway

4 Beds
2 Baths
Sq Ft
4 Parking
Detached Type
W13532964 MLS#

About this property

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.

Features & Amenities

  • Basement: Separate Entrance, Finished
  • Garage: None
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: Bungalow
  • Construction: Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Detached
Architectural Style Bungalow
Bedrooms 4
Bathrooms 2
Basement Separate Entrance, Finished
Garage None
Parking Spaces 4
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $5,158
Tax Year 2025

Interior Features

Interior Features
Carpet Free, Storage, Upgraded Insulation, Water Heater

Exterior Features

Exterior Features
Landscaped, Patio, Porch
Other Structures
Storage
Pool Features
None

Building & Construction

Architectural Style
Bungalow
Construction Materials
Brick
Foundation Details
Concrete
Roof
Asphalt Shingle
Basement
Separate Entrance, Finished

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
None
Parking Spaces
4
Parking Total
4.00
Parking Features
Private
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
105.00
Lot Width
33.00

Community & Neighborhood

Property Features
Library, Park, Public Transit, River/Stream, School

Financial & Tax

Tax Annual Amount
$5,158
Tax Year
2025
Possession Type
30-59 days
Possession Details
30/60/TBA

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
6
Rooms Below Grade
3
Kitchens Above Grade
1
Kitchens Total
2
Bedrooms Above Grade
2
Bedrooms Below Grade
2

Additional Details

Occupant Type
Owner
Direction Faces
West
County Or Parish
Toronto
Cross Street
Stephen Dr & The Queensway
Directions
Follow Maps
Special Designation
Unknown
Showing Requirements
Lockbox

Location

42 Stephen Drive, Toronto, ON M8Y 3M6, Toronto W07, ON, M8Y 3M6

Listing courtesy of RE/MAX WEST REALTY INC.
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