696 Sheppard Avenue
Pickering, ON
- 5 bed
- 3 bath
- approx. 1100-1500 sqft
- Detached
- 0 days on market
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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Listing Details
- Taxes (2026)
- $5,500
- Listed
- September 18, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Floor Drain
- Lot Size
- 55 x 145 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 13
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Sheppard / Whites
- Parcel Number
- 263640342
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Main Floor:Stainless Steel Appliances , Stove, Fridge, Range hood, Washer Dryer, AC, Gas Furnace Basement: Stove, Fridge, Washer, Dryer, Rangehood.
- Rental Items
- Hot water Tank
Schools
Secondary
- Dunbarton High School0.1 km
Public · Durham DSB · 1630 students
Grade 10 literacy: 86% met the provincial standard
- St Mary Catholic Secondary School1.5 km
Catholic · Durham CDSB · 1310 students
Grade 10 literacy: 92% met the provincial standard
- Pine Ridge Secondary School3.7 km
Public · Durham DSB · 1150 students
Grade 10 literacy: 77% met the provincial standard
Elementary
- Highbush Public School0.9 km
Public · Durham DSB · 810 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 57% met the provincial standard
- Father Fenelon Catholic School1 km
Catholic · Durham CDSB · 490 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 50% met the provincial standard
- Fairport Beach Public School1.2 km
Public · Durham DSB · 300 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 36% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L1V
- Population
- 52,787
- Private dwellings
- 18,257
- Median age
- 42
- Average household size
- 2.9
- Median household income
- $118,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Pickering · last 12 months
- Median sold price
- $862,990
- Homes sold
- 1,253
- Median days on market
- 19
- Sale-to-list price
- 99.4%
Based on 1,253 recorded sales of residential freehold properties in Pickering over the last 12 months.
Listed by
HOMELIFE/MIRACLE REALTY LTD
Walk Score
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Location
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Mortgage Calculator
$219,600
Estimated Monthly Payment
$5,394
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,394/mo (20% down, 5.5%)
Taxes: $458/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.
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