$1,199,000
12.87 BTC
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696 Sheppard Avenue, Pickering
$1,199,000
PRICE
3 + 2
BEDROOMS
3
BATHROOMS
E13637938
MLSID

696 Sheppard Avenue, Pickering

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.
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Summary

Address
696 Sheppard Avenue
Community
MLSID
E13637938
Property Type
Detached
Property Category
Bedrooms
3 + 2
Bathrooms
3
Kitchens
1 + 1
Taxes (Annual)
$5,500.00
Tax Year
2026
Published
August 5, 2026
Days on Market
1 Days
Possession Type
30-59 Days
Possession Details
Tbd
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Inclusions

Stainless Steel Appliances , Stove, Fridge, Range hood, Washer Dryer, AC, Gas Furnace

Details

Property Features
Park, Public Transit, Ravine
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Main Level
Bathroom 3
4-Piece Basement Level
Basement
Apartment, Separate Entrance
Exterior Features
Paved Yard
Interior Features
Floor Drain
Parking Spaces
12
Parking Total
13
Parking Features
Available
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
55 Feet
Lot Depth
145 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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