696 Sheppard Avenue, Pickering, ON L1V 1G3
Woodlands, Pickering · Near Sheppard / Whites · View map
About this home
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 8
- Basement
- Apartment, Separate Entrance
- Lot size
- 55 x 145 ft
- Faces
- South
- View
- Clear
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 12
- Total parking
- 13
- Parking features
- Available
Taxes & other
- Property taxes
- $5,500/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Sheppard / Whites
- Neighbourhood
- Woodlands
More
- Price per sq ft
- ~$845 (at 1,300 sq ft)
- Listed
- Sep 18, 2026 · 25 days ago
- MLS® number
- E13800596
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The home and its surroundings
- Floor Drain
- Park
- Public Transit
- Ravine
- Paved Yard
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
696 Sheppard Avenue, Pickering, ON L1V 1G3
Woodlands, Pickering · Near Sheppard / Whites
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Listing history for 696 Sheppard Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 696 Sheppard Avenue
Answers come straight from this home’s MLS® listing.
How much is 696 Sheppard Avenue listed for, and what would it cost each month?
696 Sheppard Avenue is listed for $1,098,000. With 20% down ($219,600), the mortgage payment would be roughly $4,429 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,887 a month, all in. That figure is an illustration, not a quote.
Is 696 Sheppard Avenue freehold or a condo, and is there a monthly fee?
696 Sheppard Avenue is a bungalow in Woodlands, Pickering. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 696 Sheppard Avenue have?
696 Sheppard Avenue has 3 bedrooms, plus 2 more bedrooms in the basement, and 3 bathrooms.
Does 696 Sheppard Avenue have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 12 spaces. In total the listing counts 13 parking spaces.
Does 696 Sheppard Avenue have a finished basement?
The listing describes the basement as apartment, separate entrance. It counts 2 bedrooms on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 696 Sheppard Avenue?
696 Sheppard Avenue is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 696 Sheppard Avenue, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 55 x 145 ft.
How is 696 Sheppard Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 696 Sheppard Avenue?
Property taxes are $5,500 a year (2026), or about $458 a month.
Where is 696 Sheppard Avenue?
696 Sheppard Avenue is in the Woodlands community of Pickering. The nearest main intersection is Sheppard / Whites. The postal code is L1V 1G3.
How long has 696 Sheppard Avenue been on the market?
696 Sheppard Avenue was listed on September 18, 2026. It has been on the market for 25 days. It is an active listing (MLS® E13800596). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 696 Sheppard Avenue asking?
Similar bungalow-style homes for sale nearby right now include 1770 Altona Road at $1,179,900 (3+2 bed), 1911 Glenview Road at $999,999 (3+1 bed) and 544 Gillmoss Road at $1,289,000 (3+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 696 Sheppard Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 696 Sheppard Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Woodlands, picked by style, size and price.
Bungalow$1,179,9001770 Altona Road, Pickering3+2 bed · 3 bath · HighbushCourtesy of: ROYAL LEPAGE IGNITE REALTYView home →
Bungalow$999,9991911 Glenview Road, Pickering3+1 bed · 2 bath · Town CentreCourtesy of: RE/MAX HALLMARK REALTY LTD.View home →
Bungalow$1,289,000544 Gillmoss Road, Pickering3+2 bed · 2 bath · RosebankCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →Courtesy of: HOMELIFE/MIRACLE REALTY LTD
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.