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Detached26 days on market

$1,098,000

696 Sheppard Avenue, Pickering, ON L1V 1G3

Woodlands · Pickering · L1V 1G3

Listing brokerage: HOMELIFE/MIRACLE REALTY LTD

Beds
3+2
Baths
3
Sq ft
1100-1500
Parking
13

About this home

Exceptional Income Opportunity! This property features a fully legal basement apartment, permitted by the City as a Two-Dwelling House, currently generating $2,100 per month in rental income. Whether you're looking to offset your mortgage, invest in a high-performing income property, or accommodate extended family, this legal suite offers outstanding flexibility and long-term value.Welcome to 696 Sheppard Avenue, Pickering, a rare opportunity to own a spacious home on a premium square-shaped lot backing onto a ravine, combining privacy, convenience, and exceptional investment potential.Perfectly situated directly across from a high school and just 2 minutes from Highway 401, this home offers unbeatable accessibility for commuters and families. You'll also enjoy easy access to shopping, parks, public transit, and everyday amenities.This well-maintained home has seen significant updates, including a new roof (2022), new furnace (2022), and a brand-new asphalt driveway (2025). The expansive driveway accommodates up to 10 vehicles, in addition to a large attached garage, making it ideal for large families, car enthusiasts, or those who love to entertain their friends and familyThe picturesque ravine setting creates a peaceful backyard retreat while maintaining the convenience of city living. With its legal income-generating suite, premium lot, major mechanical updates, extensive parking, and prime location, 696 Sheppard Avenue is an exceptional opportunity for homeowners, investors, and multigenerational families alike.Don't miss your chance to own a property that offers the perfect balance of lifestyle, functionality, and reliable rental income.

Details

Interior

Bedrooms
3+2
Bathrooms
3
Washrooms
1 × 4-piece (Main), 1 × 4-piece (Main), 1 × 4-piece (Basement)
Kitchens
2
Rooms
8
Size
1100-1500 sq ft
Basement
Apartment, Separate Entrance
Fireplace
Yes
Features
Floor Drain

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Garage
Attached
Total spaces
13
Covered spaces
1
Features
Available

Exterior & Lot

Style
Bungalow
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Lot size
55 × 145 feet
Faces
South
View
Clear
Pool
None
Exterior features
Paved Yard

Utilities

Sewer
Sewer

Taxes & Fees

Property taxes
$5,500 (2026)
HST
Included In

Listing

MLS® number
E13800596
Type
Detached
Transaction
For Sale
Neighbourhood
Woodlands
Cross streets
Sheppard / Whites
Possession
TBD
Co-listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

  • Living Room

    Main · Combined w/Dining · Hardwood Floor · Bay Window

    6.00 × 4.00 m

    19′8″ × 13′1″

  • Dining Room

    Main · Combined w/Living · Hardwood Floor · Open Concept

    4.00 × 3.50 m

    13′1″ × 11′6″

  • Kitchen

    Main · Family Size Kitchen · Eat-in Kitchen · Stainless Steel Appl

    5.00 × 4.50 m

    16′5″ × 14′9″

  • Primary Bedroom

    Main · W/O To Deck · Hardwood Floor · Window

    4.00 × 3.50 m

    13′1″ × 11′6″

  • Bedroom 2

    Main · Hardwood Floor · Closet · Window

    4.00 × 3.00 m

    13′1″ × 9′10″

  • Bedroom 3

    Main · Hardwood Floor · Closet · Window

    4.00 × 3.00 m

    13′1″ × 9′10″

  • Living Room

    Basement · Combined w/Dining · Ceramic Floor

    6.52 × 11.48 m

    21′5″ × 37′8″

  • Dining Room

    Basement · Combined w/Living · Ceramic Floor

    6.51 × 3.49 m

    21′4″ × 11′5″

  • Kitchen

    Basement · Pot Lights · Above Grade Window · Broadloom

    3.49 × 2.98 m

    11′5″ × 9′9″

  • Bedroom 4

    Basement · Broadloom · Closet · Window

    4.49 × 3.99 m

    14′9″ × 13′1″

  • Bedroom 5

    Basement · Laminate · Closet · Window

    3.99 × 3.65 m

    13′1″ × 12′0″

History

Past listings and sales for this home and building.

Location

696 Sheppard Avenue, Pickering, ON L1V 1G3 · Near Sheppard / Whites

Monthly cost

Estimated monthly cost

$5,320/mo

Mortgage
$4,862
Property tax
$458
Down payment$219,600 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

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