Gurvinder Nokwal REALTOR®
For Sale Detached 30 days on market

$1,098,000

Est. payment $4,862/moCalculate yours

696 Sheppard Avenue, Pickering, ON L1V 1G3

Woodlands, Pickering, ON L1V 1G3

  • 3 + 2 Beds
  • 3 Baths
  • 1 Garage
  • 1,100 Sq Ft

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD MLS® E13800596

About this home

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.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
New
Size
1,100 sqft

Interior

Bedrooms
3 + 2
Bathrooms
3
Kitchens
2
Basement
Apartment, Separate Entrance

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
55 x 145 Feet
Parking
Attached garage · 13 total

Financial

Property Taxes
$5,500 (2026)

Location

Neighbourhood
Woodlands
Cross Street
Sheppard / Whites
Direction Faces
South

Listing

MLS® Number
E13800596
Days on Market
30
Listed On
2026-09-18
Possession
TBD
Listed By
HOMELIFE/MIRACLE REALTY LTD

Rooms

Room Level Dimensions
Dining Room Basement 21′ 4″ × 11′ 5″
Primary Bedroom Main 13′ 1″ × 11′ 6″
Bedroom 2 Main 13′ 1″ × 9′ 10″
Living Room Main 19′ 8″ × 13′ 1″
Bedroom 5 Basement 13′ 1″ × 12′ 0″
Kitchen Main 16′ 5″ × 14′ 9″
Dining Room Main 13′ 1″ × 11′ 6″
Kitchen Basement 11′ 5″ × 9′ 9″
Bedroom 3 Main 13′ 1″ × 9′ 10″
Living Room Basement 21′ 5″ × 37′ 8″
Bedroom 4 Basement 14′ 9″ × 13′ 1″

Features

Interior

  • Floor Drain

Property

  • Park
  • Public Transit
  • Ravine

Pool

  • None
Included
Main Floor:Stainless Steel Appliances , Stove, Fridge, Range hood, Washer Dryer, AC, Gas Furnace Basement: Stove, Fridge, Washer, Dryer, Rangehood.
Rental items
Hot water Tank

Mortgage calculator

Minimum for this price: $84,800 (7.72%)

Amortization, years

Estimated mortgage payment

$4,862 per month

Principal and interest
$4,862
Property tax
$458
Estimated monthly cost
$5,320

Your mortgage

Mortgage amount
$878,400
Mortgage insurance
Not needed
Interest over 25 years
$580,112

Cash to close

Down payment
$219,600
Land transfer tax
$18,435
Total, before legal fees
$238,035
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

696 Sheppard Avenue, Pickering, ON L1V 1G3 Woodlands, Pickering, ON L1V 1G3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,098,000 696 Sheppard Avenue, Pickering, ON L1V 1G3
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