Property Information:

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:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Type: N/A, N/A
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fireplace: Yes
Floor Space: 1100 - 1500 sqft
Flooring Type: Hardwood, Laminate, Ceramic, Carpeted
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dryer, Hood Fan, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3+2
Bathrooms: 3
Amenities Nearby: Park, Public Transit
Features: Ravine, Flat site, Dry, Paved yard
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 145 Feet
Lot Frontage: 55 Feet
Lot Size: 55 x 145 FT
Utility Type: Hydro - Installed, Cable - Installed, Sewer - Installed
Sewer: Sanitary sewer
Parking Type: Attached garage, Garage
No. of Parking Spaces: 13

Rooms:

5th Bedroom Basement Level 3.99 m x 3.65 m
Living Basement Level 6.52 m x 11.48 m
Dining Basement Level 6.51 m x 3.49 m
Kitchen Basement Level 3.49 m x 2.98 m
4th Bedroom Basement Level 4.49 m x 3.99 m
Living Main Level 6.00 m x 4.00 m
Dining Main Level 4.00 m x 3.50 m
Kitchen Main Level 5.00 m x 4.50 m
Primary Bedroom Main Level 4.00 m x 3.50 m
2nd Bedroom Main Level 4.00 m x 3.00 m
3rd Bedroom Main Level 4.00 m x 3.00 m

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Courtesy of: HOMELIFE/MIRACLE REALTY LTD

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Demographic Information of 696 SHEPPARD AVENUE, Pickering, Ontario, L1V 1G3

Life Stage

Middle-Aged with Teens

Employment Type

Service Sector/White Collar

Average Household Income

$151,556.15

Average Number of Children

1.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.52 %

High school certificate or equivalent

34.03 %

Apprenticeship trade certificate/diploma

5.15 %

College/non-university certificate

21.5 %

University certificate (below bachelor)

1.61 %

University Degree

26.19 %

Commuter

Travel To Work

By Car

82.58 %

By Public Transit

10.19 %

By Walking

1.61 %

By Bicycle

0.0 %

By Other Methods

5.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.71 %

Houses

95.29 %

696 SHEPPARD AVENUE, Pickering, Ontario, L1V 1G3