For Sale

42 Stephen Drive

$1,099,000
Toronto W07, Ontario M8Y 3M6 · MLS® W13532964 · Updated 1d ago
42 Stephen Drive, Toronto, ON M8Y 3M6
1 / 47 photos
4
Bedrooms
2
Bathrooms
Sq Ft
4
Parking

About This Home

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.

Property Information

Type
Residential Freehold
Style
Detached
Architectural Style
Bungalow
Lot Size
33 × 105 ft
Direction Faces
West
Bedrooms
4 (2 + 2)
Kitchens
2
Parking
4 total · None
Cross Street
Stephen Dr & The Queensway
Postal Code
M8Y 3M6
Occupancy
Owner
Possession
30-59 days
MLS#
W13532964
Listing Office
RE/MAX WEST REALTY INC.

Building Details

Construction
Brick
Roof
Asphalt Shingle
Heating
Forced Air · Gas
Cooling
Central Air
Basement
Separate Entrance, Finished
Fireplace
No
Laundry
Lower Level
Pool
None

Features & Amenities

Interior
Carpet FreeStorageUpgraded InsulationWater Heater
Exterior
LandscapedPatioPorch
Property
LibraryParkPublic TransitRiver/StreamSchool
Security
Carbon Monoxide DetectorsSmoke Detector

Financials & Fees

Annual Property Tax
$5,158 (2025)

Inclusions & Exclusions

Inclusions

All furniture can be included, 2 Fridges , 2 Ovens, Washer & Dryer, Dishwasher, Microwave Range.

Exclusions

Flower wall in yard, living room wardrobe, 3 bar stools.

Location

Listing courtesy of:RE/MAX WEST REALTY INC.

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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