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MLS® E13800596
Pickering, ON
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.
Inclusions
Main Floor:Stainless Steel Appliances , Stove, Fridge, Range hood, Washer Dryer, AC, Gas Furnace Basement: Stove, Fridge, Washer, Dryer, Rangehood.
Broker
HOMELIFE/MIRACLE REALTY LTD
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Detached
696 Sheppard Avenue Pickering
Pickering
Type
Detached
Basement
Apartment, Separate Entrance
Parking
Attached (13)
Property Tax
~$5,500/yr
Heating
Forced Air
Buying Essentials
Square Feet
1300 sqft
Facing Direction
South
Parking
Attached (13)
Finances
List Price
$1,098,000
Price per SQFT
$845/sqft
Property Tax
~$5,500/yr
Property Specs
Property Type
Detached
MLS Size
1300 sqft
Basement
Apartment, Separate Entrance
Living & Amenities
Heating Type
Forced Air
Features
Floor Drain
Policies & Utilities
Neighbourhood
Pickering
Listed On
Sep 18, 2026
Park
Public Transit
Ravine
Days on Market
Current: 49 days
Combined w/Dining, Hardwood Floor, Bay Window
19.7 x 13.1
258 sqft
Combined w/Living, Hardwood Floor, Open Concept
13.1 x 11.5
151 sqft
Family Size Kitchen, Eat-in Kitchen, Stainless Steel Appl
16.4 x 14.8
242 sqft
W/O To Deck, Hardwood Floor, Window
13.1 x 11.5
151 sqft
Hardwood Floor, Closet, Window
13.1 x 9.8
129 sqft
Hardwood Floor, Closet, Window
13.1 x 9.8
129 sqft
Combined w/Dining, Ceramic Floor
21.4 x 37.7
806 sqft
Combined w/Living, Ceramic Floor
21.4 x 11.5
245 sqft
Pot Lights, Above Grade Window, Broadloom
11.5 x 9.8
112 sqft
Broadloom, Closet, Window
14.7 x 13.1
193 sqft
Laminate, Closet, Window
13.1 x 12.0
157 sqft
Rooms
11
Listed Room Area
2,573 sqft
Source
Estimated from MLS room dimensions
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