For sale 50$1,098,000
696 Sheppard Avenue
Woodlands, Pickering, Ontario L1V1G3
For sale· Added
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.
Location
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Property details
Listing
- MLS® number
- E13800596
- Added
- Sep 18, 2026 ()
- Updated
- Oct 4, 2026 ()
- Info refreshed
Overview
- Property type
- Single Family
- Building type
- Detached
- Style
- Bungalow
- Storeys
- 1
- Ownership
- Freehold
Inside
- Bedrooms
- 3+2
- Bathrooms
- 3
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- Yes
- Flooring
- Hardwood, Laminate, Carpeted, Ceramic
- Appliances
- Washer, Refrigerator, Stove, Dryer, Hood Fan
- Features
- Ravine, Flat site, Dry, Paved yard
Building
- Basement
- Apartment in basement, Separate entrance
- Exterior
- Brick
- Foundation
- Concrete
- Parking
- Attached Garage, Garage · 13 spaces
Land
- Lot size
- 55 x 145 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity, Cable
Location
- Cross streets
- Sheppard / Whites
- Directions
- West of Whites on Sheppard.
Running costs
- Annual property tax
- $5,500
Rooms
| Living room | Main level | 6 x 4 m |
| Bedroom 5 | Basement | 3.99 x 3.65 m |
| Dining room | Main level | 4 x 3.5 m |
| Kitchen | Main level | 5 x 4.5 m |
| Primary Bedroom | Main level | 4 x 3.5 m |
| Bedroom 2 | Main level | 4 x 3 m |
| Bedroom 3 | Main level | 4 x 3 m |
| Living room | Basement | 6.52 x 11.48 m |
| Dining room | Basement | 6.51 x 3.49 m |
| Kitchen | Basement | 3.49 x 2.98 m |
| Bedroom 4 | Basement | 4.49 x 3.99 m |
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