696 SHEPPARD AVENUE, Pickering (Woodlands)

$1,098,000

For sale: Detached

Detached at 696 SHEPPARD AVENUE, Pickering (Woodlands)
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
1,500 sqft
MLS®
MLS® E13800596
Neighbourhood
Woodlands

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.

Sold data

Detached homes in Pickering (Woodlands) — recent sold market

Detached homes in Pickering (Woodlands) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 40, across 160 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $1,056,995.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 11% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$1,056,995
Sale-to-list ratio
97.2%
Sold above asking
17%

Based on 160 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Pickering (Woodlands)

Pickering (Woodlands) has 23 Fraser Institute–rated schools (20 elementary and 3 secondary), averaging 6.6/10.

Rated schools
23
Elementary
20
Secondary
3
Average rating
6.6 / 10

Top-rated schools in Pickering (Woodlands)

  • William Dunbar — elementary, PickeringFraser rating 8.4/10
  • Pickering — elementary, PickeringFraser rating 7.8/10
  • Elizabeth B Phin — elementary, PickeringFraser rating 7.7/10
  • Gandatsetiagon — elementary, PickeringFraser rating 7.6/10
  • Rosebank Road — elementary, PickeringFraser rating 7.5/10
  • Dunbarton — secondary, PickeringFraser rating 7.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 696 SHEPPARD AVENUE