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.
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Zillow last checked:
Listing updated:
Listed by:
HOMELIFE/MIRACLE REALTY LTD
Source: TRREB,MLS®#: E13637938Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Primary bedroom
Level: Main
Dimensions: 4 x 3.5
Bedroom 2
Level: Main
Dimensions: 4 x 3
Bedroom 3
Level: Main
Dimensions: 4 x 3
Bedroom 4
Level: Basement
Dimensions: 4.5 x 4
Bedroom 5
Level: Basement
Dimensions: 4 x 3.66
Dining room
Level: Basement
Dimensions: 6.52 x 3.5
Dining room
Level: Main
Dimensions: 4 x 3.5
Kitchen
Level: Main
Dimensions: 5 x 4.5
Kitchen
Level: Basement
Dimensions: 3.5 x 2.99
Living room
Level: Main
Dimensions: 6 x 4
Living room
Level: Basement
Dimensions: 6.52 x 11.48
Heating
Forced Air, Gas
Cooling
Central Air
Features
Floor Drain
Basement: Apartment,Separate Entrance
Has fireplace: Yes
Interior area
Living area range: 1100-1500 null
Property
Parking
Total spaces: 13
Parking features: Available
Has garage: Yes
Features
Exterior features: Paved Yard
Pool features: None
Has view: Yes
View description: Clear
Lot
Size: 7,975 Square Feet
Features: Park, Public Transit, Ravine, Rectangular Lot
Topography: Dry,Flat
Details
Parcel number: 263640342
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence
Materials
Brick
Foundation: Concrete
Roof: Asphalt Shingle
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Pickering
Financial & listing details
Annual tax amount: C$5,500
Date on market: 8/5/2026
H
HOMELIFE/MIRACLE REALTY LTD
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