696 Sheppard Avenue, Pickering
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. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 696 Sheppard Avenue, Pickering
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 5
- Bathrooms
- 3
- Lot Size
- 55 x 145 FT
- Stories
- 1
- Basement
- Apartment in basement, Separate entrance, N/A, N/A
- Parking
- Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $5,500
Nearby Listings Stat
Estimated price and comparable properties near 696 Sheppard Avenue
Active Listings
3
Min Price
$1,098,000
Max Price
$1,250,000
Avg Price
$1,175,967
Days on Market
44
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Pickering, Ontario
Population
619
Median Age
42.1
Median Income
$30,944
Dwelling Value
$697,413
Housing Tenure
Owners 92%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.2
Pop. Density: 2,343.8/km²
Avg Shelter Cost: $2,087/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 26.5%
Tenants Spending 30%+: 0%
English only: 93.5%
English and French: 4%
Neither: 1.6%
Median Household Income: $109,312
Median Employment Income: $40,448
Price History
Listed
September 18, 2026
by HOMELIFE/MIRACLE REALTY LTD
Current Price
$1,098,000
-4.4% from last change
Type
Residential
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $1,098,000 | $51,000 (-4.4%) |
| Sep 18, 2026 | $1,149,000 | $50,000 (-4.2%) |
| Aug 19, 2026 | $1,199,000 | Listed |
