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$1,099,000
For SaleNEW · Listed 3h ago

48 Stephen Drive, Toronto, ON M8Y 3M6

Stonegate-Queensway
4
2
700–1,100 ft²
Listed by CENTURY 21 HERITAGE GROUP LTD.

Assigned school

69% EQAO

Étienne Brûlé Junior School

Childcare

6 centres

0.4 km closest

Area profile

84% owners

$95k median

Small-area Census counts are randomly rounded by Statistics Canada.

Explore this address →

Property Information

Property TypeDetached
Lot Size33.05 × 105.14 ft
BasementApartment, Separate Entrance
Parking4 parking spaces
Property taxes$4,728/yr (2026)
Days on MarketListed Today
Listed DateOct 27, 2026
MLS® NumberW14122782

School Catchments

Specialized program boundaries (2)

This address also falls inside these program boundaries. Placement in a specialized or French-language program is by school board application and eligibility — not by address.

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

All Toronto school catchments →

Monthly Cost

Description

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)

Listing History

Event
Date
Price
Listed
Oct 27, 2026
$1,099,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

Map showing 48 Stephen Drive, Toronto, ON M8Y 3M6 inside the Étienne Brûlé Junior School attendance boundaryView on Map

Licensed Childcare Nearby

6 licensed centres nearby · closest 400 m

Licensed Child Care Centre
Munchkinz Preschool Inc. (2193117 Ontario Inc.)
260 The Queensway, Toronto
0.4 km
Full day
Licence #0005202·Child Care Centre
Licensed Child Care Centre
Plp Early Learning Centre At St. Mark (Op: Park Lawn Preschool Inc.)
45 Cloverhill Road, Toronto
0.4 km
Full day · Before & after school
Operator: Park Lawn Preschool Inc.
Licence #0003749·Child Care Centre
Licensed Child Care Centre
Humber Bay Child Care Centre (Park Lawn Preschool Inc.)
50 Cloverhill Road, Toronto
0.5 km
Full day · Before & after school
Operator: Park Lawn Preschool Inc.
Licence #07285·Child Care Centre
Licensed Child Care Centre
Grand Avenue Montessori School - 600
600 The Queensway, Etobicoke
0.9 km
Full day · Half day
Operator: Grand Avenue Montessori School Inc.
Licence #56443·Child Care Centre
Licensed Child Care Centre
Grand Avenue Montessori School - 602
602 The Queensway, Etobicoke
0.9 km
Full day · Half day
Operator: Grand Avenue Montessori School Inc.
Licence #56442·Child Care Centre
Licensed Child Care Centre
Park Lawn Preschool Inc.
71 Ballacaine Drive, Toronto
1.0 km
Full day · Before & after school
Licence #08540·Child Care Centre

Area Checks

Also checked, nothing flagged at this location: flood hazard mapping, conservation-regulated areas, provincially significant wetlands, heritage conservation districts, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.

About Stonegate-Queensway

View Stonegate-Queensway on Market →

Area profile

Mostly owner-occupied: 84% of households own and 16% rent; median household income is $95,000; 62% of households have children.

84%
Own their home
16%
Rent
$95,000
Median household income
2.5
Avg. household size
62%
Households with kids
44
Median age
More about this area
51%
University degree
37%
Newcomers (immigrants)
Age profile608 residents
Under 2020%
20–3414%
35–6445%
65+20%

StatCan 2021 Census · the dissemination area around this home (DA 35203126). Values are randomly rounded by Statistics Canada for privacy.

Similar homes in this school area

Assigned to Étienne Brûlé Junior School · priced within 25% of this home

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Oct 27, 2026
Data sources & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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