**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, exc...eptional 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)
Full Property Details
Interior
Bedrooms
2
Bedrooms Plus
2
Total Bedrooms
4
Washrooms
2
Square Footage
700-1100 sqft
Basement
Apartment,Separate Entrance
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
1
Kitchens Plus
1
Total Kitchens
2
Fireplace Features
No
Bedrooms
2
Bedrooms Plus
2
Total Bedrooms
4
Washrooms
2
Square Footage
700-1100 sqft
Basement
Apartment,Separate Entrance
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
1
Kitchens Plus
1
Total Kitchens
2
Fireplace Features
No
Exterior
Depth
105.14
Front
33.05
Lot Size
33 x 105.14 ft
Pool
None
Parking Spaces
4
Total Parking Spaces
4.00
Parking Description
None
Garage Spaces
0
Depth
105.14
Front
33.05
Lot Size
33 x 105.14 ft
Pool
None
Parking Spaces
4
Total Parking Spaces
4.00
Parking Description
None
Garage Spaces
0
Building Description
Style
Bungalow
Home Type
House
Subtype
Detached
Property Orientation
West
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Style
Bungalow
Home Type
House
Subtype
Detached
Property Orientation
West
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Community
Community
Stonegate-Queensway
Community
Stonegate-Queensway
Taxes & Fees
Taxes
$4,728 /yr
Tax Year
2026
Occupancy
Owner
Taxes
$4,728 /yr
Tax Year
2026
Occupancy
Owner
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