48 Stephen Drive, Toronto (Stonegate-Queensway) - Single Family for Sale
48 Stephen Drive, Toronto (Stonegate-Queensway), Ontario, M8Y3M6
4 beds2 baths4 parking900 ft²33 × 105 ft (3,479 sq ft) lot sizeListed 8 days ago
Overview
This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $1,099,000, it is attractively priced about 32% below the $1,628,000 median asking price in Toronto. It has been on the market 8 days, fresher than the Toronto average of 50 days.
**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) (id:66096)
Property Details
MLS®
W14122782
Property Type
Single Family
Bedrooms
4
Beds (above / below)
2 above · 2 below
Bathrooms
2
Parking
4
Interior Size
900 ft²
Lot Size
33 × 105 ft (3,479 sq ft)
Frontage
33 ft
Storeys
1
Style
Bungalow
Basement
Apartment in basement, Separate entrance, N/A, N/A
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Garage
No Garage
Ownership
Freehold
Property Tax
$4,728/yr
Features
Appliances
Washer, Dishwasher, Range, Oven, Dryer, Microwave, Two Refrigerators
Foundation
Concrete
Exterior
Brick
Lot Features
Carpet Free
Services
Water
Municipal water
Sewer
Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
8d
Toronto (Stonegate-Queensway) listings, avg age
50d
Price / ft²
$1,221
List price
$1.10M
Active: 8 days on market, against an average age of 50 days across the listings currently for sale in this city
Market timing · days on market0 → 50d avg age of current listings
Active · day 8
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
Haho
This 4-bed single family in Toronto (Stonegate-Queensway) has been listed for 8 days, which is 42 days fresher than the city average of 50. Act while there is still low competition.
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