20 mins ago
$1,199,000
For Sale

Sheppard Avenue

Pickering

5 Bed|3 Bath|Yes|20 mins ago

$000000

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Home Details

Taxes
$459 / month
Total Parking Spots
13
Garage Spaces
12
Furnished
No
Move-in Date
TBD
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Apartment, Separate Entrance
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Brick
Sewer
Sewer
Property Type
Residential Freehold
Status
New
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Listing 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.

Mortgage Calculator

Your estimated monthly payment for 696 Sheppard Avenue is 6,369

Price

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Rate

%

Ammortization

Down Payment

$

Total Mortgage


Purchase Price$1,199,000
Down Payment$239,800
Mortgage Insurance$0
Total Mortgage$959,200

Monthly Payment


Mortgage Payment$5,911
Property Taxes$458
Maintenance Fees$0
Monthly Payment$6,369
$6,369
monthly

About Sheppard Avenue, Pickering

Located at 696 Sheppard Avenue , this Pickering house is available for sale. This property was listed for $1,199,000 on Wed Aug 05 2026. It has 5 bedrooms and 3 bathrooms. The property's amenities include Park, Public Transit, Ravine. The property includes the following rooms: . This property comes with 13 parking spots.


MLS#: undefined · $1,199,000 · 5 bedroom house in Pickering