696 Sheppard Ave, Pickering, Ontario, L1V 1G3





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
Real Estate Professional
Royal Lepage Associates
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