42 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07) : MLS®# W13532964
Looking for bungalows for sale in Etobicoke Ontario? Whether you’re downsizing, investing, or searching for a spacious home with easy accessibility, Etobicoke offers a diverse selection of charming bungalows in family-friendly neighborhoods. From cozy post-war homes to fully updated modern retreats, the bungalow lifestyle is thriving in this vibrant Toronto district.
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 Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
700-1100
Lot Depth:
105'32 m
Lot Frontage:
33'10.1 m
Direction Faces:
West
Bedrooms:
2+2
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Separate Entrance, Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Storage
Parking Features:
Private
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
30/60/TBA
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$5,158 /
2025
Assessment:
$- /
2025
Toronto
Toronto W07
Stonegate-Queensway
Library, Park, Public Transit, River/Stream, School
Carpet Free, Storage, Upgraded Insulation, Water Heater
Landscaped, Patio, Porch
Carbon Monoxide Detectors, Smoke Detector
All furniture can be included
Flower wall in yard, living room wardrobe, 3 bar stools.
Data was last updated July 7, 2026 at 10:50 PM (UTC)
Area Statistics
Listings on market:
47
Avg list price:
$2,299,000
Min list price:
$919,000
Max list price:
$4,549,000
Avg days on market:
36
Min days on market:
0
Max days on market:
129
These statistics are generated based on the current listing's property type
and located in
Stonegate-Queensway. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Etobicoke’s bungalow market offers a wide variety of homes suited to different needs and budgets. Buyers can choose from classic layouts or updated interiors featuring modern amenities.
Detached bungalows with private driveways and spacious backyards
Open-concept kitchens, finished basements, and updated bathrooms
Prime locations near parks, schools, and major transit routes
Options ideal for retirees, families, and investors alike
Why Choose a Bungalow in Etobicoke?
Etobicoke is one of the most desirable areas in the GTA due to its balance of city convenience and suburban comfort. Bungalows here are perfect for those who value single-level living, generous lot sizes, and access to green space.
Your Guide to Buying a Bungalow in Etobicoke, Ontario
Finding the right bungalow involves understanding market trends, financing options, and investment potential. Our team offers expert advice to ensure a smooth buying experience, from securing a mortgage to negotiating the best price on your dream home.
Making the Most of Your Home Search
Whether you’re relocating or buying for the first time, our listings are regularly updated and easy to navigate. Each property includes high-resolution photos, key specs, and local insights so you can make an informed decision.
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FAQs – Bungalows for Sale in Etobicoke Ontario
1. What’s the average price of a bungalow in Etobicoke? Prices typically range from $900,000 to $1.5 million depending on location, size, and upgrades.
2. Are bungalows in Etobicoke good for downsizing? Yes, many bungalows offer easy main-floor living and low-maintenance layouts perfect for retirees or those with mobility needs.
3. Which neighborhoods in Etobicoke are best for bungalows? Areas like The Kingsway, Alderwood, and Rexdale have a great mix of older and renovated bungalows.
4. Do bungalows in Etobicoke come with finished basements? Many listings include finished or partially finished basements, ideal for additional living space or rental income.
5. Can I find bungalows in Etobicoke close to transit? Absolutely. Many are within walking distance of TTC routes, GO stations, and highways like the 427 and Gardiner.