696 Sheppard Avenue, Pickering, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Woodlands. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 55 x 145 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 13.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Floor Drain
- equipped with central air central cooling and highly efficient forced air heating via gas
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 Summary
This detached home located at 696 Sheppard Avenue, Pickering is currently for sale and has been available on SousaSells for 1 day. This property is listed at $1,199,000 with an estimated mortgage of $3,991* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 696 Sheppard Avenue, Pickering is in the Woodlands neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Woodlands, Pickering.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Woodlands, Pickering.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- Public Transit
- Ravine
Interior Features
- Floor Drain
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 696 Sheppard Avenue, Pickering, ON
Q.What is the asking price for 696 Sheppard Avenue, Pickering, ON ?
The current listing price for 696 Sheppard Avenue, Pickering, ON in Woodlands, Pickering is $1,199,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 696 Sheppard Avenue, Pickering, ON ?
696 Sheppard Avenue, Pickering, ON is a Detached (Bungalow) featuring a Apartment, Separate Entrance basement.
Q.What key property features does 696 Sheppard Avenue, Pickering, ON offer?
Key property features include: Park, Public Transit, Ravine.
Q.What interior features are included in this home?
Interior highlights include: Floor Drain.
Q.Is parking available at this property?
Yes, this property offers parking space for 13.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 696 Sheppard Avenue, Pickering, ON L1V 1G3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Pickering, ON
For a property listed at $1,199,000 in Pickering, the legal minimum down payment is $239,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,455 for this transaction. As this listing is in Pickering (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.