
42 Stephen Drive
Etobicoke (Stonegate-Queensway), ON M8Y 3M6
- 2+2Bedrooms
- 2Bathrooms
- 0Garage
- 700–1100Sq Ft
- $5,158Tax
- 33×105 ftLot Size
- Estimated Value:$870,500See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 42 Stephen Drive, Etobicoke, Stonegate-Queensway
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-07-07 | 2026-08-31 | Login to See Prices | Sold | w13532964 |
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About 42 Stephen Drive, Etobicoke, Stonegate-Queensway
Summarized Description
- Turnkey bungalow with income potential.
- Fully renovated with modern finishes.
- Open-concept layout with hardwood floors.
- Self-contained lower-level suite available.
- Private driveway for four vehicles.
- Generous lot size in desirable area.
- Close to schools, parks, and shopping.
- Ideal for homeowners, investors, or builders.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,158
- Land Transfer Tax Fee
- $36,910
- Basement Type
- Separate Entrance, Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Carpet Free, Storage, Upgraded Insulation, Water Heater
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Landscaped, Patio, Porch
- Pool
- None
- Property Features
- Library, Park, Public Transit, River/Stream, School
- Other Structures
- Storage
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 33.00 ft
- Lot Depth
- 105.00 ft
Inclusions
- Inclusions
- All furniture can be included
Exclusions
- Exclusions
- Flower wall in yard, living room wardrobe, 3 bar stools.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2 + 2
- Washrooms
- 2
- Kitchens
- 2
Room sizes
- Dining Room—Main level, Hardwood Floor, Open Concept, Pot Lights
- Living Room—Main level, Hardwood Floor, Open Concept, Window
- Bedroom 2—Main level, Hardwood Floor, Closet, Window
- Bedroom 3—Basement level, Laminate, Closet, Pot Lights
- Bedroom 4—Basement level, Laminate, Closet, Window
- Laundry—Basement level, Laminate
- Kitchen—Basement level, Tile Floor, Quartz Counter, Pot Lights
- Primary Bedroom—Main level, Hardwood Floor, Closet Organizers, Window
- Kitchen—Main level, Tile Floor, Quartz Counter, Window
Washrooms
- 4-piece, Main
- 3-piece, Basement
- Municipality
- Etobicoke
- Neighbourhood
- Stonegate-Queensway
- Main cross streets
- Stephen Dr & The Queensway
- Directions
- Follow Maps
- MLS® number
- W13532964
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-31
- Listed on
- 2026-07-07
- Days on market
- 55 days
- Possession type
- 30-59 days
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- RE/MAX WEST REALTY INC.
Home Market Value
Current home valuation for 42 Stephen Drive, Etobicoke, Stonegate-Queensway, Etobicoke, ON. Listed for $1,099,000
HOMEH Estimate
$870,500
Estimated Sales Range
$703,531 - $1,037,469
HOMEH Estimate for 42 Stephen Drive, Etobicoke, Stonegate-Queensway
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $599,000 over $500K
$84,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $40,531 | $30,662 | $26,156 | $0 |
=Total mortgage | $1,053,809 | $1,019,762 | $960,306 | $879,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,145monthly | $4,979monthly | $4,689monthly | $4,293monthly |
Land Transfer Tax
$18,455
$18,455
$36,910
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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