$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
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
Estimated mortgage payment
$4,862 per month
- Principal and interest
- $4,862
- Property tax
- $458
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $238,035
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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