696 Sheppard Avenue

Pickering, ONDetached
$1,098,000
MLS® E13800596
Detached5 beds3 baths13 total
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About This Property

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. (id:63604)

Key Facts

Type
Detached
Beds
5
Baths
3
Size
1,100 sqft
Lot
55 x 145 FT
Parking
13 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Hood Fan
Property Details 19 details
Bedrooms
5 bedrooms
3 above grade + 2 below grade
Bathrooms
3 bathrooms
Parking
13 parking spaces
Attached Garage · Garage
Living area
1,100 - 1,500 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Apartment in basement, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
Yes
Lot dimensions
55 x 145 FT
Frontage
55 feet
Taxes
$5,500.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorStoveDryerHood FanHardwoodLaminateCarpetedCeramic

Exterior features

BrickConcrete

Systems and association

SewerElectricityCable

Lot and water

RavineFlat siteDryPaved yard
Rooms 11 rooms
Level
Room
Dimensions
Main level
Living room
6 m x 4 m
Basement
Bedroom 5
3.99 m x 3.65 m
Main level
Dining room
4 m x 3.5 m
Main level
Kitchen
5 m x 4.5 m
Main level
Primary Bedroom
4 m x 3.5 m
Main level
Bedroom 2
4 m x 3 m
Main level
Bedroom 3
4 m x 3 m
Basement
Living room
6.52 m x 11.48 m
Basement
Dining room
6.51 m x 3.49 m
Basement
Kitchen
3.49 m x 2.98 m
Basement
Bedroom 4
4.49 m x 3.99 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$1,098,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Woodlands
City
Pickering
Postal code
L1V 1G3
Nearby
Cross Streets: Sheppard / Whites. ** Directions: West of Whites on Sheppard.