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$1,098,000

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696 Sheppard Avenue

Woodlands, Pickering, Ontario L1V1G3

For sale· Added

3+2 bed3 bath1,100–1,500 sqft

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 roomMain level6 x 4 m
Bedroom 5Basement3.99 x 3.65 m
Dining roomMain level4 x 3.5 m
KitchenMain level5 x 4.5 m
Primary BedroomMain level4 x 3.5 m
Bedroom 2Main level4 x 3 m
Bedroom 3Main level4 x 3 m
Living roomBasement6.52 x 11.48 m
Dining roomBasement6.51 x 3.49 m
KitchenBasement3.49 x 2.98 m
Bedroom 4Basement4.49 x 3.99 m

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$1,098,000
696 Sheppard Avenue
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