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.

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48 Stephen Drive
Stonegate-Queensway Toronto M8Y 3M6

$1,099,000
Residential Freehold beds: 2+2 baths: 2.0

Main Photo: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 1: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 2: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 3: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 4: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 5: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 6: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 7: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 8: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 9: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 10: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 11: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 12: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 13: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 14: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 15: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 16: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 17: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Photo 18: 48 Stephen Drive in Toronto: Stonegate-Queensway House for sale (Toronto W07)  : MLS®# W14122782
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
W14122782
Bedrooms:
2+2
Bathrooms:
2
**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)
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
700-1100
Lot Depth:
105'2"
Lot Frontage:
33'1"
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:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
flex
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$4,728 / 2026
Assessment:
$- / 2025
Toronto
Toronto W07
Stonegate-Queensway
Accessory Apartment, Carpet Free
Water Heater
2 Fridges, 2 Ovens, Washer & Dryer, Dishwasher, 2 Microwave Range.
Brick
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Oct 27, 2026
Original Price:
Previous Price:
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Listed by CENTURY 21 HERITAGE GROUP LTD.
Data was last updated October 28, 2026 at 12:15 PM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$1,699,000
Min list price:
$799,000
Max list price:
$4,198,000
Avg days on market:
27
Min days on market:
1
Max days on market:
223
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.
DARYL  KING
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Explore Bungalows in Etobicoke Ontario

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.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

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.