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696 SHEPPARD AVENUE — photo 1 of 251 / 25

696 SHEPPARD AVENUE

Pickering (Woodlands), Ontario, L1V1G3

$1,199,000

Bedrooms

5

Bathrooms

3

Parking

13

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. (id:66779)

Rooms

Living roomMain level
Bedroom 5Basement
Dining roomMain level
KitchenMain level
Primary BedroomMain level
Bedroom 2Main level
Bedroom 3Main level
Living roomBasement
Dining roomBasement
KitchenBasement
Bedroom 4Basement

Details

Sewer
Sanitary sewer
Cooling
Central air conditioning
Heating
Forced air, Natural gas
List aor
Toronto
Stories
1
Basement
Apartment in basement, Separate entrance, N/A, N/A
Flooring
Hardwood, Laminate, Carpeted, Ceramic
Utilities
Sewer, Electricity, Cable
Appliances
Washer, Refrigerator, Stove, Dryer, Hood Fan
Directions
Sheppard / Whites
Fireplace
Yes
Lot features
Ravine, Flat site, Dry, Paved yard
Water source
Municipal water
Structure type
House
Parking features
Attached Garage, Garage
Tax annual amount
5,500
Exterior features
Brick
Foundation details
Concrete
Lot size dimensions
55 x 145 FT
Architectural style
Bungalow
Bedrooms above grade
3
Bedrooms below grade
2
Property attached
No

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