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696 Sheppard Ave, Pickering, Ontario, L1V 1G3

$1.10M
Beds 3+2Baths 3Sqft 1100-1500Parking 13
696 Sheppard Ave Photo 1

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.

Home Details

List Date

2026-09-18

Style

Bungalow

Type

Detached

Status

Active

Year Built

UNKNOWN

Features

Bedrooms

3+2

Bathrooms

3

Heating

Forced Air

Cooling

-

Parking

13 Spaces

Appliances & Equipment

Inclusions

Main Floor:Stainless Steel Appliances , Stove, Fridge, Range hood, Washer Dryer, AC, Gas Furnace Basement: Stove, Fridge, Washer, Dryer, Rangehood.

Exterior

Construction

Brick

Water & Sewer

Municipal

Lot Size

55 x 145 Feet

Garage

Attached

Taxes

$6K (2026)

Listing Brokerage

Brokerage Name

HOMELIFE/MIRACLE REALTY LTD

Kal Kanagarajah

Kal Kanagarajah

Real Estate Professional

Royal Lepage Associates

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