Woodlands, Pickering, L1V 1G3
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.
Features
- Facing: South
- Bedrooms: 3
- Bathrooms: 3
- Garages: 1
- Kitchens: 1
Details
- Lot size: 55.00 x 145.00 Feet
- Space: 1100-1500
- Tax: $ 5500.00
- E13637938
- Listing contracted with: HOMELIFE/MIRACLE REALTY LTD
| Room | Size(M) | Description | |
|---|---|---|---|
| Living Rm | 6.00x4.00 | Combined w/Dining, Hardwood Floor, Bay Window |
|
| Dining Rm | 4.00x3.50 | Combined w/Living, Hardwood Floor, Open Concept |
|
| Kitchen | 5.00x4.50 | Family Size Kitchen, Eat-in Kitchen, Stainless Steel Appl |
|
| Primary B | 4.00x3.50 | W/O To Deck, Hardwood Floor, Window |
|
| 2nd Br | 4.00x3.00 | Hardwood Floor, Closet, Window |
|
| 3rd Br | 4.00x3.00 | Hardwood Floor, Closet, Window |
|
| Living Rm | 6.52x11.48 | Combined w/Dining, Ceramic Floor |
|
| Dining Rm | 6.52x3.50 | Combined w/Living, Ceramic Floor |
|
| Kitchen | 3.50x2.99 | Pot Lights, Above Grade Window, Broadloom |
|
| 4th Br | 4.50x4.00 | Broadloom, Closet, Window |
|
| 5th Br | 4.00x3.66 | Laminate, Closet, Window |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 4 pcs | Main |
|
| 1xBath | 4 pcs | Main |
|
| 1xBath | 4 pcs | Basement |
Property Summary
Located close to the intersection of Sheppard and Whites, 696 Sheppard Ave is a 3+2 bedrooms 3 washrooms Detached. The unit has a Single Attached Parking Space. The property basement is Apartment Separate Ent. The property has many nice features including Floor Drain. Living Room Rm, Dinning Room Rm, Kitchen, Primary B, second bedroom and third bedroom are on the Main floor.Local Area Profile
This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 44% of residents hold a bachelor's degree or higher, while about 16% have a college credential. Most local commuters travel by car, while a smaller share use public transit.
