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42 Stephen Dr
Toronto W07, ON M8Y 3M6
42 Stephen Dr, Toronto W07 — Listed at $1,099,000. 4 bedroom, 2 bathroom Bungalow. MLS® W13532964.
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Description
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.
Property Details

Your agent: Vick Yogeswaran
REALTOR® · RE/MAX Realtron Realty Inc.
Listing Courtesy of: RE/MAX WEST REALTY INC.
MLS® #W13532964


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HouseIndex Take: 42 Stephen Drive
This detached (Bungalow) is located in the Stonegate-Queensway neighbourhood of Toronto.
The home offers 4+2 bedrooms, 2 bathrooms.
Features include a separate entrance, finished basement, 4 parking spaces.
Additional details: lot dimensions of 33 × 105 feet.
Listed at $1,099,000 CAD with annual property taxes of $5,158 (2025). This listing has been on the market for 2 days.
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About Toronto Real Estate
This Detached is located in the Stonegate-Queensway community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth.