Listed for:Listed 29 days ago
$1,098,000

696 Sheppard Avenue

Pickering (Woodlands), ON L1V 1G3

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 696 Sheppard Avenue, Pickering, Woodlands

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 696 Sheppard Avenue, Pickering, Woodlands

Summarized Description

  • Legal basement apartment generating $2,100 monthly income.
  • Premium lot backing onto a serene ravine.
  • Significant updates: roof, furnace, and driveway.
  • Expansive driveway accommodates up to 10 vehicles.
  • Ideal location near schools and Highway 401.
  • Perfect for investors and multigenerational families.
  • Offers flexibility for mortgage offset or family needs.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,500
Land Transfer Tax Fee
$18,435

Rental Items

Rental Equipment
Hot water Tank

Basement Type
Apartment, Separate Entrance

Interior Features

Laundry Level
Main Level
Interior Extras
Floor Drain
View
Clear
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Exterior Extras
Paved Yard
Pool
None
Property Features
Park, Public Transit, Ravine

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
55.00 ft
Lot Depth
145.00 ft
Lot Shape
Rectangular

Inclusions

Inclusions
Main Floor:Stainless Steel Appliances, Stove, Fridge, Range hood, Washer Dryer, AC, Gas Furnace Basement: Stove, Fridge, Washer, Dryer, Rangehood.

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
12
Total Garage And Parking Spaces
13

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
3 + 2
Washrooms
3
Kitchens
2

Room sizes

  • Dining Room—
    Basement level, Combined w/Living, Ceramic Floor
  • Primary Bedroom—
    Main level, W/O To Deck, Hardwood Floor, Window
  • Bedroom 2—
    Main level, Hardwood Floor, Closet, Window
  • Living Room—
    Main level, Combined w/Dining, Hardwood Floor, Bay Window
  • Bedroom 5—
    Basement level, Laminate, Closet, Window
  • Kitchen—
    Main level, Family Size Kitchen, Eat-in Kitchen, Stainless Steel Appl
  • Dining Room—
    Main level, Combined w/Living, Hardwood Floor, Open Concept
  • Kitchen—
    Basement level, Pot Lights, Above Grade Window, Broadloom
  • Bedroom 3—
    Main level, Hardwood Floor, Closet, Window
  • Living Room—
    Basement level, Combined w/Dining, Ceramic Floor
  • Bedroom 4—
    Basement level, Broadloom, Closet, Window

Washrooms

  • 4-piece, Main
  • 4-piece, Main
  • 4-piece, Basement

Municipality
Pickering
Neighbourhood
Woodlands
Main cross streets
Sheppard / Whites
Directions
West of Whites on Sheppard

MLS® number
E13800596
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-18
Updated on
2026-09-30
Days on market
29 days
Possession type
Flexible
Co-op commission
2.5%-50
Seller
Listed by
HOMELIFE/MIRACLE REALTY LTD

Home Market Value

Current home valuation for 696 Sheppard Avenue, Pickering, Woodlands, Pickering, ON. Listed for $1,098,000

HOMEH Estimate

?

$961,419

Estimated Sales Range

?

$576,851 - $1,345,987

HOMEH Estimate for 696 Sheppard Avenue, Pickering, Woodlands

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$961,419Low confidence
Based on 3 comparable properties
+ $136,581 (14%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Pickering, ON
Minimum Down Payment Required:7.7%

5% on first $500K + 10% on $598,000 over $500K

Minimum down payment

$84,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$40,494$30,634$26,132$0
=Total mortgage
$1,052,850$1,018,834$959,432$878,400
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,141monthly$4,974monthly$4,684monthly$4,289monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$18,435

Total Land Transfer Tax

$18,435

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