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$ 1,199,000
Est. payment /mo
New
696 Sheppard AVE Pickering, ON L1V 1G3
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Woodlands
MLS Listing ID E13637938
Style Bungalow
Bedrooms 5
Annual Tax Amount $5,500
Tax Year 2026
Property Sub-Type Detached
Property 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.
Location
Province ON
County Durham
Area Durham
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Floor Drain
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Exterior Feature Paved Yard
Parking Features Available
Garage Spaces 1.0
Pool None
View Clear
Roof Type Asphalt Shingle
Topography Dry,Flat
Lot Frontage 55.0
Lot Depth 145.0
Total Parking Spaces 13
Building
Unit Features Park,Public Transit,Ravine
Foundation Concrete
Others
ParcelsYN Yes
Listed by HOMELIFE/MIRACLE REALTY LTD
NEARBY SCHOOL & BUSINESS