696 Sheppard Avenue,Pickering, ON L1V 1G3
Pickering, ON 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.
Details
| MLS # | E13637938 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 15 |
| Listing Provided By | HOMELIFE/MIRACLE REALTY LTD | E13637938 406002 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| Garage | 1 |
| Basement | Y |
| Acreage | 0.18 |
| Property View | Clear |
Interior
| Interior Features | Floor Drain |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Paved Yard |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Concrete |
| Topography | Dry, Flat |
| View | Clear |
| Construction Materials | Brick |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Available |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 5500 |
|---|---|
| Tax Legal Description | Pal Plan 221-11-1 Sec Pickering Pt Lt 11 Pl221 |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Durham |
| City | Pickering |
| Postal Code | L1V 1G3 |
| Area | Woodlands |
| Listing VS Median (in L1V 1G3) | |
Price: $1,149,000 low | high Med: $0 On site: 15 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Durham |
| City | Pickering |
| Postal Code | L1V 1G3 |
| Area | Woodlands |
| Listing VS Median (in L1V 1G3) | |
Price: $1,149,000 low | high Med: $0 On site: 15 low | high Med: | |
