Property description for 42 Stephen Drive, Toronto (Stonegate-Queensway), ON M8Y 3M6

Virtual Tour

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:38686)

QUICK OVERVIEW

4 parking spaces
Central air conditioning
Forced air, Natural gas
15 Days on website

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Tracey Logan

Listing Office RE/MAX West Realty Inc., 416-769-1616

Updated Wednesday, July 22, 2026 at 3:50:45 AM

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NEIGHBOURHOOD

About the Stonegate-Queensway Neighbourhood

La tranquillité est un élément important du caractère de Stonegate-Queensway. Cette partie de Toronto a une certaine quantité de verdure parce que la plupart des rues du quartier ont une bonne couverture d'arbres. On retrouve environ 70 îlots de fraîcheur à proximité, comme Home Smith Park et Palace Pier Park, et ceux-ci sont très bien situés dans Stonegate-Queensway, ce qui fait qu'il est très facile de se rendre jusqu'à l'un d'entre eux à pied. Le quartier est également très silencieux, puisque la pollution sonore liée à la circulation véhiculaire pose rarement problème.

Learn more about Stonegate-Queensway

Elementary Schools

Au moins une école primaire à moins de 10 minutes à pied

Groceries

Grande variété d'épiceries à quelques pas

Cycling friendly

Très approprié pour les déplacements à vélo et/ou pour le cyclisme récréatif

Car friendly

Accès exceptionnel à des voies rapides et/ou des artères majeures, avec un risque quasi nul de problèmes de stationnement

Daycares

Au moins une garderie à quelques pas à pied

CLIMATE RISK FOR M8Y 3M6

Mortgage Payments for 42 Stephen Drive, Toronto (Stonegate-Queensway), ON M8Y 3M6

$4,989

Monthly

Estimated Payment

$1,080,000

2205 - 38 ANNIE CRAIG DRIVETORONTO (MIMICO), ON M8V 0A8

800 - 899 SQ FT

Listing by Sutton Group-admiral Realty Inc.

MLS® #: W13552868

LPH2906 - 88 PARK LAWN ROAD, TORONTO (MIMICO), ON M8Y0B5 - Image 9fa9504fe2e7a3ee5b8bb3fd93a5c677cba6c541

Virtual Tour

$1,099,000

LPH2906 - 88 PARK LAWN ROADTORONTO (MIMICO), ON M8Y 0B5

1200 - 1399 SQ FT

Listing by Remax Professionals Inc - Luna Sechi

MLS® #: W13517824

$1,075,000

2203 - 56 ANNIE CRAIG DRIVETORONTO (MIMICO), ON M8V 0C8

1000 - 1199 SQ FT

Listing by Remax Gold Realty Inc - Laddi Dhillon

MLS® #: W13586736

$1,128,000

3503 - 59 ANNIE CRAIG DRIVETORONTO (MIMICO), ON M8V 0C4

1000 - 1199 SQ FT

Listing by Forest Hill Real Estate Inc.

MLS® #: W13111910

$1,070,000

602 - 1 PALACE PIER COURTTORONTO (MIMICO), ON M8V 3W9

1200 - 1399 SQ FT

Listing by Akarat Group Inc.

MLS® #: W13484066

LPH3501 - 33 SHORE BREEZE DRIVE, TORONTO (MIMICO), ON M8V0G1 - Image fb02ec324bea8442a46018973f7f31438142470a

Virtual Tour

$1,099,000

LPH3501 - 33 SHORE BREEZE DRIVETORONTO (MIMICO), ON M8V 0G1

1000 - 1199 SQ FT

Listing by Remax Professionals Inc - Luna Sechi

MLS® #: W12685892

14 - 20 BUDGELL TERRACE, TORONTO (HIGH PARK-SWANSEA), ON M6S1B4 - Image e0cb85a8ce4d99bd73f51ad7ecf3ce2b7fe5f3a6

Virtual Tour

$1,149,900

14 - 20 BUDGELL TERRACETORONTO (HIGH PARK-SWANSEA), ON M6S 1B4

1600 - 1799 SQ FT

Listing by Right at Home Realty

MLS® #: W13452674

$1,089,000

59 MANITOBA STREETTORONTO (MIMICO), ON M8Y 1E1

700 - 1100 SQ FT

Listing by Century 21 Innovative Realty Inc.

MLS® #: W13545886

15 BURLINGTON STREET, TORONTO (MIMICO), ON M8V2L1 - Image 1ab98c03ca8aad2df24ed7a08e2ec0cdfbf27be5

Virtual Tour

$1,099,000

15 BURLINGTON STREETTORONTO (MIMICO), ON M8V 2L1

1100 - 1500 SQ FT

Listing by Bspoke Realty Inc.

MLS® #: W13500072

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42 STEPHEN DRIVE, TORONTO (STONEGATE-QUEENSWAY), ON M8Y 3M6