<-- style PDP --> 42 Stephen Drive, Toronto - Detached for sale for $1,099,000
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42 Stephen Drive

Toronto, Ontario, M8Y 3M6 - Stonegate-Queensway

$1,099,000

  • Neighbourhood

    Stonegate-Queensway

  • Major Intersection

    Stephen Dr & The Queensway

  • Listed Since: 7 day(s)

  • Last update: today

Overview

  • Property Type

    Detached, Bungalow

  • Bedrooms

    2 + 2

  • Bathrooms

    2

  • Basement

    Sep Entrance + Finished

  • Kitchen

    1 + 1

  • Total Parking

    4

  • Lot Size

    33x105 (Feet)

  • Taxes

    $5,158.00 (2025)

  • Type

    Freehold

Property Description

Property description for 42 Stephen Drive, Toronto

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.

Listed by RE/MAX WEST REALTY INC.

  • MLS #

    W13532964

  • Sq. Ft

    700-1100

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    None

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.96 x 3.4 ft Main level

    hardwood floor, Open Concept, Window

  • Dining

    2.46 x 3.4 ft Main level

    hardwood floor, Open Concept, Pot Lights

  • Kitchen

    2.69 x 2.64 ft Main level

    Tile Floor, Quartz Counter, Window

  • Primary

    2.94 x 3.78 ft Main level

    hardwood floor, Closet Organizers, Window

  • 2nd Br

    2.51 x 3.09 ft Main level

    hardwood floor, Closet, Window

  • Kitchen

    4.06 x 3.58 ft Bsmt level

    Tile Floor, Quartz Counter, Pot Lights

  • 3rd Br

    2.84 x 3.58 ft Bsmt level

    Laminate, Closet, Pot Lights

  • 4th Br

    2.84 x 3.58 ft Bsmt level

    Laminate, Closet, Window

  • Laundry

    2.66 x 2.53 ft Bsmt level

    Laminate

  • MLS #

    W13532964

  • Sq. Ft

    700-1100

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    None

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.96 x 3.4 ft Main level

    hardwood floor, Open Concept, Window

  • Dining

    2.46 x 3.4 ft Main level

    hardwood floor, Open Concept, Pot Lights

  • Kitchen

    2.69 x 2.64 ft Main level

    Tile Floor, Quartz Counter, Window

  • Primary

    2.94 x 3.78 ft Main level

    hardwood floor, Closet Organizers, Window

  • 2nd Br

    2.51 x 3.09 ft Main level

    hardwood floor, Closet, Window

  • Kitchen

    4.06 x 3.58 ft Bsmt level

    Tile Floor, Quartz Counter, Pot Lights

  • 3rd Br

    2.84 x 3.58 ft Bsmt level

    Laminate, Closet, Pot Lights

  • 4th Br

    2.84 x 3.58 ft Bsmt level

    Laminate, Closet, Window

  • Laundry

    2.66 x 2.53 ft Bsmt level

    Laminate

Thinking of Selling?

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Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

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Property History

Property history for 42 Stephen Drive, Toronto

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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