Living (4.0 × 6.0)
Combined W/Dining · hardwood floor · Bay Window
Level: Main
Woodlands, Pickering, Ontario L1V 1G3
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.
Buy/Sell history for 696 Sheppard Ave, Pickering, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,098,000 | N/A | For Sale | E13800596 |
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Combined W/Dining · hardwood floor · Bay Window
Level: Main
Combined W/Living · hardwood floor · Open Concept
Level: Main
Family Size Kitchen · Eat-In Kitchen · Stainless Steel Appl
Level: Main
W/O To Deck · hardwood floor · Window
Level: Main
hardwood floor · Closet · Window
Level: Main
hardwood floor · Closet · Window
Level: Main
Combined W/Dining · Ceramic Floor
Level: Bsmt
Combined W/Living · Ceramic Floor
Level: Bsmt
Pot Lights · Above Grade Window · Broadloom
Level: Bsmt
Broadloom · Closet · Window
Level: Bsmt
Laminate · Closet · Window
Level: Bsmt
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Toronto and Region Conservation Authority · Province of Ontario open data
Province of Ontario open data · Municipal development applications
Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Pickering. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Monthly Payment
$5,034
Total monthly payment
$5,492
Break-even down payment
100%
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$1,098,000
$1,098,000
CAD
Estimated market value
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