696 Sheppard Avenue, Pickering, ON L1V 1G3
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 696 Sheppard Avenue, Pickering, ON L1V 1G3
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# E13637938
Listed by HOMELIFE/MIRACLE REALTY LTD
On market since Aug 5, 2026
What comparable homes actually sold for in the last 12 months.
696 Sheppard Avenue, Pickering, ON L1V 1G3 is listed for $1,199,000 CAD.
696 Sheppard Avenue, Pickering, ON L1V 1G3 has 5 bedrooms and 3 bathrooms.
696 Sheppard Avenue, Pickering, ON L1V 1G3 is a Detached.
696 Sheppard Avenue, Pickering, ON L1V 1G3 is in Pickering, Ontario.
696 Sheppard Avenue, Pickering, ON L1V 1G3 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 696 Sheppard Avenue, Pickering, ON L1V 1G3 (MLS# E13637938). You can also send a message through the contact form on this site.
