696 Sheppard Avenue
Woodlands · Pickering · ON · L1V 1G3
On market 20 days
About this property
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.
Key facts
Property details
Rooms & baths
Building & utilities
Parking
Lot
Financial
Rooms
11 rooms on 2 level s
| Type | Dimensions | Features |
|---|---|---|
| Main | ||
| Living Room | 19'8" × 13'1" | Combined w/DiningHardwood Floor |
| Dining Room | 13'1" × 11'6" | Combined w/LivingHardwood Floor |
| Kitchen | 16'5" × 14'9" | Family Size KitchenEat-in Kitchen |
| Primary Bedroom | 13'1" × 11'6" | W/O To DeckHardwood Floor |
| Bedroom 2 | 13'1" × 9'10" | Hardwood FloorCloset |
| Bedroom 3 | 13'1" × 9'10" | Hardwood FloorCloset |
| Basement | ||
| Living Room | 21'5" × 37'8" | Combined w/DiningCeramic Floor |
| Dining Room | 21'4" × 11'5" | Combined w/LivingCeramic Floor |
| Kitchen | 11'5" × 9'9" | Pot LightsAbove Grade Window |
| Bedroom 4 | 14'9" × 13'1" | BroadloomCloset |
| Bedroom 5 | 13'1" × 12' | LaminateCloset |
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Location
Market Overview
Pickering
Listing data provided by the Toronto Regional Real Estate Board (TRREB).
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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Last updated: October 8, 2026.