48 Stephen Drive

Toronto, ONDetached
$1,099,000
MLS® W14122782
Detached4 beds2 baths4 total
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About This Property

**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) (id:63604)

Key Facts

Type
Detached
Beds
4
Baths
2
Size
700 sqft
Lot
33.1 x 105.1 FT
Parking
4 total

Highlights

  • Washer
  • Dishwasher
  • Range
  • Oven
  • Dryer
  • Microwave
  • Two Refrigerators
Property Details 18 details
Bedrooms
4 bedrooms
2 above grade + 2 below grade
Bathrooms
2 bathrooms
Parking
4 parking spaces
No Garage
Living area
700 - 1,100 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Apartment in basement, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
33.1 x 105.1 FT
Frontage
33.10 feet
Taxes
$4,728.00 (2,025)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherDishwasherRangeOvenDryerMicrowaveTwo Refrigerators

Exterior features

BrickConcrete

Lot and water

Carpet Free
Mortgage & Affordability Estimate monthly costs
Purchase price$1,099,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Stonegate-Queensway
City
Toronto
Postal code
M8Y 3M6
Nearby
Stephen Dr & The Queensway