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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:58753)
Cross Streets: Stephen Dr & The Queensway. ** Directions: Follow Maps.
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 27 DELL PARK AVENUE | 3 | 2 | Jun 20, 2026 | $1,495,000 |
| 505 SOUDAN AVENUE | 5 | 5 | Jun 23, 2026 | $3,988,000 |
| 1 GLEN EDYTH PLACE | 5 | 6 | Jun 17, 2026 | $9,990,000 |
| 287 VALERMO DRIVE | 5 | 4 | Jul 06, 2026 | $1,650,000 |
| 295 STRATHMORE BOULEVARD | 4 | 3 | Jun 25, 2026 | $2,235,000 |
| 128 NORTHLAND AVENUE | 4 | 2 | Jun 16, 2026 | $768,000 |
| 8 NORBROOK CRESCENT | 4 | 4 | Jun 25, 2026 | $899,999 |
| 41 Springhurst Avenue, Toronto ON M6K 1B4 | 5 | 2 | Jun 18, 2026 | $1,149,900 |
| 269 EUCLID AVENUE | 5 | 5 | Jul 11, 2026 | $3,145,000 |
Discover key demographics, population statistics, and environmental insights for the Toronto (stonegate-Queensway), ON area.
74/100
Very Walkable
Walk Score ®
63/100
Good Transit
Transit Score ®
74/100
Very Bikeable
Bike Score ®
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
7 nearby routes: 5 bus, 2 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 69/100, Bike Score: 67/100.
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3 bds • 3 ba • 0 sqft
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3 bds • 2 ba • sqft
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4 bds • 2 ba • sqft
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4 bds • 2 ba • sqft
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4 bds • 2 ba • sqft
404 - 25 NEIGHBOURHOOD LANE
4 bds • 2 ba • sqft
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2 bds • 3 ba • sqft
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2 bds • 3 ba • sqft
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3 bds • 3 ba • sqft
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4 bds • 3 ba • sqft
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4 bds • 2 ba • sqft
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2 bds • 2 ba • sqft
604 - 2067 LAKE SHORE BOULEVARD
2 bds • 2 ba • sqft
323 - 5 MARINE PARADE DRIVE
3 bds • 2 ba • sqft
3507 - 16 BROOKERS LANE
2 bds • 2 ba • sqft
PH-03 - 16 BROOKERS LANE
2 bds • 2 ba • sqft
PH-03 - 16 BROOKERS LANE
2 bds • 2 ba • sqft
215 - 58 MARINE PARADE DRIVE
2 bds • 2 ba • sqft
215 - 58 MARINE PARADE DRIVE
Source: Realty.com
42 STEPHEN DRIVE, Toronto (Stonegate Queensway), ON M8Y3M6 in Toronto (Stonegate-Queensway), ON M8Y3M6 is a single family residence listed at $1,099,000. Highlights include 4 bedrooms, 2 bathrooms. Realty.ca has 45 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 45 photos of 42 STEPHEN DRIVE.
The full address for this home is 42 STEPHEN DRIVE, Toronto (Stonegate Queensway), ON M8Y3M6.
42 STEPHEN DRIVE has been listed on Realty.com since Tue July 07, 2026
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 69/100, Bike Score: 67/100.
Listing provided courtesy of:
RE/MAX WEST REALTY INC.
Listing agent:
TRACEY LOGAN
This content last refreshed on 2026-07-14 13:55:17. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.