696 Sheppard Avenue, Pickering, ONL1V 1G3
Property Information
Monthly Cost
Description
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 History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Location
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School boundaries and eligibility may change. Confirm school eligibility directly with the school board.
All Pickering school catchments →About Woodlands
View Woodlands on Market →Who lives here
A snapshot of this home’s immediate area — the census dissemination area it sits in.
- 85%
- Homeowners
- 77%
- Households with kids
- $136,000
- Median income
- 41
- Median age
More about this area
- 3.3
- Avg. household size
- 44%
- University degree
- 35%
- Newcomers (immigrants)
StatCan 2021 Census · this home’s dissemination area (DA 35180494). Values are randomly rounded by Statistics Canada for privacy.
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Data sources & legal disclosures
Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.
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