A great opportunity awaits at this versatile/charming bungalow, perfectly positioned in the heart of highly desirable Queensway Village. This property presents an exceptional proposition for builders, savvy investors, and end-users seeking a dynamic space to call home. **FOR BUILDERS/DEVELOPERS: Unlock the immense potential of this fantastic lot in a prime location. With its solid structure offering immediate options or an ideal canvas for a tear-down and new custom build, this property promises significant return in a sought-after neighbourhood. **FOR INVESTORS: Explore compelling income possibilities in Toronto's "missing middle" housing segment! The existing layout allows for easy conversion of the basement into a great one-bedroom rental unit, complementing a two-bedroom upper-level rental. Its prime location, with seamless access to transit and amenities, ensures strong tenant appeal and consistent rental income. **FOR END-USERS: Embrace the chance to live in this amazing neighbourhood. This solid structure and generous lot provide an excellent foundation for your personal touch. Enjoy a welcoming interior with a new kitchen and updated bathroom. Excellent school zones and easy access to the QEW, Lakeshore, Bloor St W, and The Queensway, Sherway Gardens make this a truly fantastic location. Live comfortably now, with the exciting potential for future additions or a complete redesign to create your dream space. Unbeatable Location: Convenience is paramount, with local schools, parks, a mall, diverse restaurants, and various retail stores all within walking distance. Commuters will appreciate the easy access to major highways and the short distance to Mimico GO Station, ensuring seamless travel throughout the city. This location perfectly blends suburban tranquillity with urban amenities. Don't miss the opportunity to acquire a versatile property that caters to every vision.
For sale
C$888,000
50 Stephen Dr #W07, Toronto, ON M8Y 3M6
3beds
2baths
Single Family Residence
Built in ----
3,465 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Fantastic lotExisting layoutWelcoming interiorNew kitchenUpdated bathroom
- 3 days
- on Zillow |
- 35 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 02:02pm
Listed by:
CITYSCAPE REAL ESTATE LTD.
Source: TRREB,MLS®#: W12217340
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Radiant, Other Source
Cooling
- Window Unit(s)
Features
- Other
- Basement: Partially Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Living area range: 700-1100 null
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Has garage: Yes
Features
- Pool features: None
Lot
- Size: 3,465 Square Feet
Details
- Parcel number: 075030303
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete Block
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Toronto
Financial & listing details
- Annual tax amount: C$4,678
- Date on market: 6/12/2025
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