Home with brick exterior material, street for 696 Sheppard Ave, Pickering Ontario L1V 1G3
2 days on Market

696 Sheppard Ave, Pickering, Ontario L1V 1G3

Detached
3 + 2
3
~1100-1500 sqft
$1,199,000
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Detached
3 + 2
3
~1100-1500 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$945/sqft

Monthly cost

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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.


Property Details

StyleBungalow
ViewClear
Age of property-
SqFt~1100-1500 SqFt
Lot Size7,975 SqFt(145 x 55)
Parking Spaces13
MLS ®NumberE13637938
Community NameRougemount
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Sep Entrance

Main Floor

Living

6.0 x 4.0

Combined W/Dining / hardwood floor / Bay Window

Dining

4.0 x 3.5

Combined W/Living / hardwood floor / Open Concept

Kitchen

5.0 x 4.5

Family Size Kitchen / Eat-In Kitchen / Stainless Steel Appl

Primary

4.0 x 3.5

W/O To Deck / hardwood floor / Window


Features

Lot size: 7,975 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 12

Total parking spaces 13


Property History

Aug 5, 2026
ListedActive
$1,199,000
2 days on market
history photo preview31
Listing by trreb®
Property listed by HOMELIFE/MIRACLE REALTY LTD, Brokerage
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Market Data - Rougemount

Geo Zone Map ThumbnailRougemount

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2025

49 days

2024

0 day

2023

14 days

New Listings

Past 30 days

9 listings

Compared to

2025

8 listings

2024

5 listings

2023

7 listings

Units sold

Past 30 days

3 units

Compared to

2025

3 units

2024

0 unit

2023

3 units

Median Sold Price

Past 30 days

$1,171,000

Compared to

2025

$1,115,000

2023

$1,749,000


Population and Demographics

Overview

Total population 5566
Average household income $183,253

Age (%)

0 to 19
22%
20 to 34
18%
35 to 49
19%
50 to 64
23%
65 and plus
18%

Household composition (%)

Single family
80%
Single person
16%
Multi person
3%
Multi family
2%

Mother tongue (%)

English
77%
Others
4%
Tamil
4%
Urdu
4%
Arabic
2%
Italian
2%
Tagalog (Pilipino, Filipino)
1%
Mandarin
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget