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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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48 Stephen Drive Toronto W07
For SaleStonegate-Queensway

48 Stephen Drive Toronto W07, Detached for Sale

MLS® W14122782

Stonegate-Queensway, Toronto, ON

12 days on market
$1,099,000
Show on Map
Show on Map
4Beds
2Baths
900Sqft
4Parking
Detached

Overview· 48 Stephen Drive Toronto

MLS® #W14122782

**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, exceptional 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)

Inclusions

2 Fridges, 2 Ovens, Washer & Dryer, Dishwasher, 2 Microwave Range.

Broker

CENTURY 21 HERITAGE GROUP LTD.

Neighbourhood

Stonegate-Queensway

Walk 48Avg $1.59MArea guide

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Walk Score®68Somewhat WalkableSomewhat Walkable
Transit Score®64Good TransitGood Transit
Bike Score®78Very BikeableVery Bikeable
SchoolsLoading school data...Loading school data...
ParksLoading park data...Loading park data...
ConvenienceLoading amenity data...Loading amenity data...
Safety68Safer than 68% of Toronto neighbourhoods (2025)Stonegate-Queensway: 1,162 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 48 Stephen Drive Toronto

Source: MLS® listing data
48 Stephen Drive Toronto

Detached

48 Stephen Drive Toronto

Stonegate-Queensway

Type

Detached

Basement

Apartment, Separate Entrance

Parking

None (4)

Property Tax

~$4,728/yr

Heating

Forced Air

Buying Essentials

Square Feet

900 sqft

Facing Direction

West

Parking

None (4)

Finances

List Price

$1,099,000

Price per SQFT

$1,221/sqft

Property Tax

~$4,728/yr

Property Specs

Property Type

Detached

MLS Size

900 sqft

Basement

Apartment, Separate Entrance

Living & Amenities

Heating Type

Forced Air

Features

Accessory Apartment · Carpet Free

Policies & Utilities

Neighbourhood

Stonegate-Queensway

Listed On

Oct 26, 2026

Price & Listing History

Days on Market

Current: 12 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$4,420/mo
Property Tax$394/mo
Total Monthly$4,814

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0