696 Sheppard Avenue, Pickering, ON L1V 1G3
- Property tax
- $5,500 / year
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.
- MLS number
- E13637938
- Type
- Detached
- Status
- Active
- Bedrooms
- 5
- Bathrooms
- 3
- Postal code
- L1V 1G3
- Photos
- 31
- Laundry
- Main Level level
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Rooms
11 rooms as the listing brokerage filed them, with measurements.
Main
| Room | Size | Features |
|---|---|---|
| Living Room | 6.00 × 4.00 m | Combined w/Dining · Hardwood Floor · Bay Window |
| Dining Room | 4.00 × 3.50 m | Combined w/Living · Hardwood Floor · Open Concept |
| Kitchen | 5.00 × 4.50 m | Family Size Kitchen · Eat-in Kitchen · Stainless Steel Appl |
| Primary Bedroom | 4.00 × 3.50 m | W/O To Deck · Hardwood Floor · Window |
| Bedroom 2 | 4.00 × 3.00 m | Hardwood Floor · Closet · Window |
| Bedroom 3 | 4.00 × 3.00 m | Hardwood Floor · Closet · Window |
Basement
| Room | Size | Features |
|---|---|---|
| Living Room | 6.52 × 11.48 m | Combined w/Dining · Ceramic Floor |
| Dining Room | 6.52 × 3.50 m | Combined w/Living · Ceramic Floor |
| Kitchen | 3.50 × 2.99 m | Pot Lights · Above Grade Window · Broadloom |
| Bedroom 4 | 4.50 × 4.00 m | Broadloom · Closet · Window |
| Bedroom 5 | 4.00 × 3.66 m | Laminate · Closet · Window |
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Detached
- Style
- Bungalow
- Class
- Residential Freehold
- Fronting on
- South
- Community
- Woodlands
- Municipality
- Pickering
- Cross street
- Sheppard / Whites
Inside
- Bedrooms
- 5
- Bedrooms above grade
- 3
- Bathrooms
- 3
- Washrooms
- 1 on the main floor · 1 on the main floor · 1 on the basement floor
- Kitchens
- 2
- Rooms above grade
- 8
- Fireplace
- Yes
- Basement
- Apartment, Separate Entrance
- Laundry
- Main Level
- Size
- 1100-1500
Building
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
Parking
- Garage
- Attached
- Covered spaces
- 1
- Driveway spaces
- 12
- Total parking
- 13
- Features
- Available
Land
- Lot
- 55 × 145 feet
- Shape
- Rectangular
- View
- Clear
- Pool
- None
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
- Water
- Municipal
- Sewer
- Sewer
- Electricity
- Yes
- Gas
- Yes
- Cable
- Yes
Features
- Property
- Park, Public Transit, Ravine
- Interior
- Floor Drain
- Exterior
- Paved Yard
Listing
- MLS number
- E13637938
- Status
- Price Change
- Previous status
- New
- Listed on
- 2026-08-05
- Expires
- 2027-03-31
- Taxes
- $5,500 (2026)
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Where this address sits, matched against open government data.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Dunbarton High School Durham DSB | Secondary | 148 m | / 10 79% met the standard · 2 of 6 measures |
| Crawford Adventist Academy (East Campus) | Elementary | 583 m | Not reported |
| Highbush Public School Durham DSB | Elementary | 851 m | / 10 74% met the standard |
| Father Fenelon Catholic School Durham CDSB | Elementary | 989 m | / 10 73% met the standard |
| Blaisdale Montessori | Elementary | 1.1 km | Not reported |
| Fairport Beach Public School Durham DSB | Elementary | 1.2 km | / 10 57% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
The market around this home
Detached houses in Pickering — 1,211 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.
How these are built, and what they cannot tell you
Each point is the median of the sales that closed in that quarter among detached houses in pickering. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.
This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.
Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 658 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35180494 — the few blocks around this address, home to 658 people. It describes the area, not this property.
Percentages are of the 320 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.