696 Sheppard Ave

Pickering, ON L1V 1G3
  • $1,149,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 1,100

    SqFt

About the Listing 406002 -

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.

Listing Highlights

Status Active
Days on Site 27
Property Type Residential
MLS ® E13637938
Year Built
Total Square Footage 1,100
Lot/Acreage 0.18
County Durham
Neighborhood Woodlands

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Apartment,Separate Entrance
  • Other: Floor Drain,2 Kitchens
  • Water:

Exterior Details

  • Garage Capacity: 1 car
  • Roof: Asphalt Shingle
  • Others: Paved Yard,Park,Public Transit,Ravine
  • Sewer: Sewer
  • Parking Features: Available,Attached,Has Garage

Financial Details

  • Tax Amount: $5,500
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 263640342
  • Tax Year: 2026

Payment Calculator

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  • in Taxes
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696 Sheppard Ave Pickering, ON L1V 1G3

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Michael Sotoadeh

Real Estate Broker | Team Sold Today | Michael Sotoadeh | Harvey Kalles Real Estate Ltd., Brokerage

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