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.
About this home
Photos of 696 Sheppard Avenue
Facts and features of 696 Sheppard Avenue
| Type | Detached |
|---|---|
| Style | Bungalow |
| Bedrooms | 3 + 2 |
| Bathrooms | 3 |
| Size | 1100-1500 sq ft |
| Lot | 55 x 145 Feet |
| Parking | 13 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Basement | Apartment, Separate Entrance |
| Exterior | Brick |
| Taxes | $5,500 (2026) |
| Days on market | 42 |
| Listing brokerage | HOMELIFE/MIRACLE REALTY LTD |
Rooms
11 rooms, with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Dining Room | Basement | 21′ 4″ × 11′ 5″ 6.51 × 3.49 m | combined w/living, ceramic floor |
| Primary Bedroom | Main | 13′ 1″ × 11′ 6″ 4.0 × 3.5 m | w/o to deck, hardwood floor, window |
| Bedroom 2 | Main | 13′ 1″ × 9′ 10″ 4.0 × 3.0 m | hardwood floor, closet, window |
| Living Room | Main | 19′ 8″ × 13′ 1″ 6.0 × 4.0 m | combined w/dining, hardwood floor, bay window |
| Bedroom 5 | Basement | 13′ 1″ × 12′ 0″ 3.99 × 3.65 m | laminate, closet, window |
| Kitchen | Main | 16′ 5″ × 14′ 9″ 5.0 × 4.5 m | family size kitchen, eat-in kitchen, stainless steel appl |
| Dining Room | Main | 13′ 1″ × 11′ 6″ 4.0 × 3.5 m | combined w/living, hardwood floor, open concept |
| Kitchen | Basement | 11′ 5″ × 9′ 9″ 3.49 × 2.98 m | pot lights, above grade window, broadloom |
| Bedroom 3 | Main | 13′ 1″ × 9′ 10″ 4.0 × 3.0 m | hardwood floor, closet, window |
| Living Room | Basement | 21′ 5″ × 37′ 8″ 6.52 × 11.48 m | combined w/dining, ceramic floor |
| Bedroom 4 | Basement | 14′ 9″ × 13′ 1″ 4.49 × 3.99 m | broadloom, closet, window |
Around this home
What’s near 696 Sheppard Avenue
From 696 Sheppard Avenue, the nearest TDSB elementary school is West Rouge Junior Public School, about 3.2 km away.
Places: OpenStreetMap contributors, October 2026. Straight-line distances. Schools: EQAO 2024-25, Ontario Ministry of Education.
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696 Sheppard Avenue
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696 Sheppard Avenue
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MLS® E13800596 Data source: PropTx Listed September 18, 2026