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43.73° N · 79.40° W — Toronto & nearby · 9,721 homes for sale today43.73° N · 79.40° W — 9,721 homes today(647) 554-7436Saved

43.6328° N · 79.4856° W — Stonegate-Queensway, Toronto — MLS® #W14122782

48 Stephen Dr

$1,099,000

Stonegate-Queensway, Toronto, Ontario M8Y 3M6

2+2
BedroomsBeds
2
BathroomsBaths
700-1100 sqft700-1100
SizeSq ft
33.05 x 105.14 ft
Lot sizeLot

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
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In short · from the listing record

48 Stephen Dr is a 2+2-bedroom, 2-bathroom detached house in Stonegate-Queensway, Toronto, listed for sale at an asking price of $1,099,000 (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)

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 78Good

    Condition score

    2 documented update signals

    Listing age, structured features and disclosed update language; not an inspection.

  • 35Shortfall

    Cash flow quality

    −$1,333/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 196 detached homes with 4 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$4,728 / 2026
MLS® number
W14122782
Board
TRREB MLS®
Property Type
Detached
Time on market
Size
700-1100 sqft
Lot Size
33.05 x 105.14 ft
Listed on
Parking
None, 4 Parking

Listing history

Listing activity for 48 Stephen Dr, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,099,000N/AFor SaleW14122782

Inside

Room by room

Property

Property Type
Detached
Style
Bungalow
Community
Stonegate-Queensway
Municipality
Toronto

Building

Size
700-1100 sqft
Construction
Brick

Inside

Bedrooms
2+2
Bathrooms
2
Bathroom Details
1 × 4pc, 1 × 3pc
Basement Type
Apartment
Kitchens
1

Parking

Garage Type
None
Additional Parking
4
Total Parking
4

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
33.05 ft
Depth
105.14 ft
Lot Size
33.05 x 105.14 ft

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Jane StationTTC subway: Line 2 Bloor-Danforth1.9 km
Mimico GOGO Transit train: Lakeshore West2.1 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth2.1 km
Runnymede StationTTC subway: Line 2 Bloor-Danforth2.3 km
Royal York StationTTC subway: Line 2 Bloor-Danforth2.7 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Around it

Detached in Stonegate-Queensway

Active listings only, today.

Detached homes for sale in Stonegate-Queensway right now

For sale now
61
Median asking price
$1.68M

Middle half: $1.28M to $2.25M

New in 7 days
8

33 in 28 days

Price cuts
15%

9 listings

This home is asking 34% below the median, lower than three quarters of them.

See all homes in Stonegate-Queensway

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningRD (f13.5; a510; d0.45)Residential Detached zone (RD) · Chapter 10, section 10.20 of By-law 569-2013
  • PermitsNone on fileNo building permits on file at this address.
  • Signals nearby5 to note125 THE QUEENSWAY, Official plan or zoning amendment, 440 m away · 247 PARK LAWN RD, Site plan, 490 m away · 155 BERRY RD, Condominium, 540 m away · 144 BERRY RD, Condominium, 590 m away · 15 NEIGHBOURHOOD LANE, Condominium, 660 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • railOn recordNearest rail line: 590 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record24 building permits issued within 250 m in the last 2 years
  • airportOn recordNearest airport: 6.5 km
  • parcelOn recordMapped parcel: about 3,470 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m 4 test or monitoring holes also recorded.
  • npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is City of Toronto — Humber Treatment Plant, 400 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Lot

Lot area
3,475 sq ft323 m²
Street frontage
33.05 ft10.1 m
Depth
105.14 ft32 m
33.05 × 105.14 ftSTEPHEN DR

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land transfer tax on this home

Ontario land transfer tax
$18,455
Toronto municipal land transfer tax
$18,455
Total land transfer tax
$36,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$28,435
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,099,000
$13,980
Ontario total
$18,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $18,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • St Mark Catholic SchoolToronto CDSBCatholic · grades JK–861%Grade 6 average400 m
  • Étienne Brûlé Junior SchoolToronto DSBPublic · grades JK–579%Grade 3 average450 m
  • Park Lawn Junior and Middle SchoolToronto DSBPublic · grades JK–885%Grade 6 average1 km
  • ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–887%Grade 6 average1.7 km

SecondaryGrade 9 math 2024–25

  • Etobicoke School of the ArtsToronto DSBPublic · grades 9–1268%Grade 9 math1.5 km
  • Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion81%Grade 9 math1.6 km
  • The Student SchoolToronto DSBPublic · grades 9–12—2.8 km
  • ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1269%Grade 9 math4.2 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$1,099,000

A month, all in

$5,408

  • Mortgage$5,014
  • Property tax$394

A planning figure, not a quote.

Land transfer tax

$36,910

$28,435 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$4,075

a month, median asking rent of 196 similar homes in Toronto.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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Ask me anything about this home, or what fair looks like nearby.

(647) 554-7436

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