Toronto (Stonegate-Queensway), Ontario
Also listed as 42 Stephen Dr., Toronto (Stonegate-Queensway), Ontario
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:64869)
42 Stephen Drive is located in Toronto (Stonegate-Queensway), ON (M8Y3M6).
42 Stephen Drive is listed for sale at $1,099,000.
This home offers 4 bedrooms and 2 bathrooms.
It is a home.
Annual property taxes are approximately $5,158 (2025).
Yes — 42 Stephen Drive includes a 4-car garage.
Contact Barbara Beers and the Barbara Beers Real Estate team at +1-905-634-2335 or barbara@barbarabeers.com to book a private showing or request more details.
Estimate only. Does not include property taxes, insurance, or fees. Actual rates may vary. Contact us for personalized mortgage guidance.
Listing Brokerage: RE/MAX WEST REALTY INC.
Co-Listing Brokerage: RE/MAX WEST REALTY INC.
Advertised By: Royal LePage® Burloak Real Estate Services
MLS®, REALTOR®, and associated logos are trademarks of CREA.
City: Toronto (Stonegate-Queensway)
Price: $799,000 - $1,399,000
Type: Residential
Bedrooms: 4+
Bathrooms: 2+