Property Information:

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. (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Development: Finished
Basement Type: N/A, N/A
Construction Status: Insulation upgraded
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Floor Space: 700 - 1100 sqft
Flooring Type: Hardwood, Tile, Laminate
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Washer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 2+2
Bathrooms: 2
Amenities Nearby: Park, Public Transit, Schools
Features: Carpet Free
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Landscape Features: Landscaped
Lot Depth: 105 Feet
Lot Frontage: 33 Feet
Lot Size: 33 x 105 FT
Structure Type: Patio(s), Porch
Surface Water:
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Rooms:

Kitchen Basement Level 4.06 m x 3.58 m
3rd Bedroom Basement Level 2.84 m x 3.58 m
4th Bedroom Basement Level 2.84 m x 3.58 m
Laundry Basement Level 2.66 m x 2.53 m
Living Main Level 3.96 m x 3.40 m
Dining Main Level 2.46 m x 3.40 m
Kitchen Main Level 2.69 m x 2.64 m
Primary Bedroom Main Level 2.94 m x 3.78 m
2nd Bedroom Main Level 2.51 m x 3.09 m

Convert Measurement to:

Courtesy of: RE/MAX WEST REALTY INC.

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Demographic Information of 42 STEPHEN DRIVE, Toronto, Ontario, M8Y 3M6

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$121,290.44

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.07 %

High school certificate or equivalent

25.9 %

Apprenticeship trade certificate/diploma

2.73 %

College/non-university certificate

17.76 %

University certificate (below bachelor)

5.49 %

University Degree

39.05 %

Commuter

Travel To Work

By Car

70.53 %

By Public Transit

17.39 %

By Walking

5.33 %

By Bicycle

0.23 %

By Other Methods

6.52 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

75.0 %

Houses

25.0 %

42 STEPHEN DRIVE, Toronto, Ontario, M8Y 3M6