$1,098,000
 $5,894 est/mo Sourced by Back At You

696 Sheppard Avenue,Pickering (Woodlands), ON L1V1G3

Pickering (Woodlands), ON L1V1G3

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Description

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:13843)

Details

MLS #E13800596
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site44
Listing Provided ByHOMELIFE/MIRACLE REALTY LTD | ARIFUR RAHMAN SHOHEL

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet1,100
Garage13
BasementY
Story(s)1

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
AppliancesWasher, Refrigerator, Stove, Dryer, Hood Fan
Fireplace Yes / NoYes

Exterior

Lot FeaturesRavine, Flat site, Dry, Paved yard
Foundation DetailsConcrete

Parking

Parking FeaturesAttached Garage, Garage
Parking Total13

Utilities

UtilitiesSewer, Electricity, Cable
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount5500

Area Information

ProvinceON
CityPickering (Woodlands)
Postal CodeL1V1G3
Listing VS Median (in L1V1G3)
Price:
$1,098,000
low | high
Med:
$1,098,000
50% of Average
sqft:
1,100
low | high
Med:
1,100
50% of Average
$ / sqft:
$998
low | high
Med:
$998
50% of Average
On site:
44
low | high
Med:
44
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityPickering (Woodlands)
Postal CodeL1V1G3
Listing VS Median (in L1V1G3)
Price:
$1,098,000
low | high
Med:
$1,098,000
50% of Average
sqft:
1,100
low | high
Med:
1,100
50% of Average
$ / sqft:
$998
low | high
Med:
$998
50% of Average
On site:
44
low | high
Med:
44
100% of Average
Sourced by Back At You
Listing Updated: October 4, 2026 at 2:35:18 PM PDT