696 Sheppard Avenue, Pickering (Woodlands), Ontario L1V1G3

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD.

$1,098,000
5
BD
3
BA

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List Price
$1,098,000
Status
ACTIVE
Days on Market
0
MLS® #
TorontoRegionalRealEstateBoard-E13800596
Style
Bungalow
Architectural Style
Bungalow
Bedrooms
5
Bathrooms
3
Subdivision
Woodlands
Neighborhood
Woodlands
MLS Area Major
Woodlands

Property 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. (id:5764)

Additional Information

Exterior Features
Brick
Taxes
$5,500
Community Features
Woodlands
Property Description
Bungalow
Flooring
Hardwood, Laminate, Carpeted, Ceramic
Appliances
Washer, Refrigerator, Stove, Dryer, Hood Fan
Heating
Forced air, Natural gas
Air Conditioning
Central air conditioning
Stories
1
Foundation
Concrete
Parking Features
Attached Garage, Garage

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Calculator source: Real Geeks