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696 Sheppard Avenue
homes for sale · Pickering · Woodlands
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$1,098,000

696 Sheppard Avenue

Woodlands, Pickering · MLS® E13800596

5313

House · Single Family · 36 days on market

listed by ARIFUR RAHMAN SHOHEL, HOMELIFE/MIRACLE REALTY LTD

realtor's 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.

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property details

type
House, Single Family
bedrooms
5
bathrooms
3
parking
13
property tax
$5,500 / yr
days on market
36
MLS®
E13800596

features

  • Ravine
  • Flat site
  • Dry
  • Paved yard
  • Washer
  • Refrigerator

monthly cost

$5,242/mo
Mortgage $4,784 · Tax $458

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,784/ monthly
loan $878,400
25-year amortization
total interest
$556,764
cash to close
$219,600
down payment; transfer tax and fees not included
total paid
$1,435,164

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
ARIFUR RAHMAN SHOHEL
HOMELIFE/MIRACLE REALTY LTD
call ARIFUR · 647-860-2532
Powered by: REALTOR.ca
▶ virtual tour

location

Woodlands, PickeringGoogle Maps ↗

location

Woodlands, PickeringGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

431 Sheppard Avenue, Pickering
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