42 STEPHEN DRIVE Toronto

42 STEPHEN DRIVE, Toronto, Ontario

$1,099,000

  • 4 Beds
  • 2 Baths

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:23309)

Open house this Sat, Jul 18th from 2:00 PM to 4:00 PM and Sun, Jul 19th from 2:00 PM to 4:00 PM.

  • Listing ID: W13532964
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Kitchen Basement 4.06 m x 3.58 m
Bedroom 3 Basement 2.84 m x 3.58 m
Bedroom 4 Basement 2.84 m x 3.58 m
Laundry room Basement 2.66 m x 2.53 m
Living room Main level 3.96 m x 3.4 m
Dining room Main level 2.46 m x 3.4 m
Kitchen Main level 2.69 m x 2.64 m
Primary Bedroom Main level 2.94 m x 3.78 m
Bedroom 2 Main level 2.51 m x 3.09 m

Details

  • Architectural Style: Bungalow
  • Amenities Nearby: Park, Public Transit, Schools
  • Features: Carpet Free
  • Ownership: Freehold
  • Parking Spaces: 4
  • Structure: Patio(s), Porch
  • Transaction: For sale

Building

  • Appliances: Water Heater, Dishwasher, Dryer, Furniture, Microwave, Oven, Range, Washer, Two Refrigerators
  • Architectural Style: Bungalow
  • BasementType: N/A, N/A (Finished)
  • Basement Development: Finished
  • Basement Features: Separate entrance
  • Bedrooms Main Level: 2
  • Bedrooms Lower Level: 2
  • Constructed Status: Insulation upgraded
  • Construction Style Attachment: Detached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Flooring: Hardwood, Tile, Laminate
  • Foundation: Concrete
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 700 - 1100 sqft
  • Stories Total: 1
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Park, Public Transit, Schools
  • Landscape Features: Landscaped
  • Sewer: Sanitary sewer
  • Size Frontage: 33 ft
  • Size Irregular: 33 x 105 FT
  • Surface Water: River/Stream
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 42 STEPHEN DRIVE in Toronto Ontario. It was last modified on July 7th, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Toronto homes for sale.

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