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$1,199,000Asking Price

696 Sheppard Avenue, Pickering, ON L1V 1G3

Woodlands, Pickering

Detached
3 + 2
Bedrooms
3
Baths
13
Parking
Days on Market

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.

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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.

Key Info

  • Bungalow Detached
  • 12-Car Driveway
  • 1-Car Attached Garage
  • Sheppard / Whites
  • 1100-1500 Approximate Sq Feet
  • Basement Apartment
  • 2 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 55 x 145 Feet
  • Brick Exterior
  • Taxes were $5,500 in 2026
  • Possession: TBD

Details

  • Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #E13637938
  • HOMELIFE/MIRACLE REALTY LTD

Extras

Room Floor Dimensions Details
1 Kitchen Main 16.40' x 14.76' Family Size Kitchen, Eat-in Kitchen, Stainless Steel Appliances
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom

Who lives here?

Woodlands, Pickering is an east GTA neighbourhood notable for its singles, renters, science professionals and salespeople. It has a higher than average population of immigrants, particularly those from Jamaica and Pakistan, and Urdu speakers. Residents tend to be older with a significant number of kids aged 10 to 14, youth aged 15 to 24, adults aged 35 to 49, 35 to 49 and 35 to 49 and seniors aged 65 to 69.

Families

Kids Per Family

1.4

kids per family
in the neighbourhood.

Pickering  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

45% of residents are
single and loving it.

45% singles

Pickering (43%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

18% of residents
are renters.

18% renters

Pickering (13%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

32% of residents are
university grads.

32% university grads

Pickering (35%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$128K

is the average household
income in the neighbourhood.

Pickering  ($139K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 17%
Business 12%
Management 7%
Sciences 7%
Government 6%

Immigrants

47% of residents were
born outside of Canada.

47% immigrants

Pickering (36%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Caribbean was once home to 9.1% of immigrants.
Pakistan 5.9%
Jamaica 5.4%
Philippines 4.3%
Sri Lanka 4.2%

9.1% from Caribbean
All-time

Birthplace - Recent

Philippines was once home to 0.9% of immigrants.
Jamaica 0.7%
China 0.7%
Sri Lanka 0.5%
Bangladesh 0.4%

0.9% from Philippines
Recent

Foreign Languages

Foreign Languages

Urdu 6%
Tamil 4%
Arabic 2%
Tagalog 2%
Persian 2%

Religions

Religions

Christian 63%
Muslim 8%
Hindu 8%
Sikh 2%
Buddhist 1%