696 Sheppard Ave is a 3-bedroom, 3-bathroom detached home in Pickering, listed for $1,098,000. It has 1100-1500 sq ft of living space.
1Exceptional Income Opportunity!
2This 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.
3BasementApartment, Separate Entrance, as described in the listing.
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.
3 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $998 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 696 Sheppard Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
13 spacesYes garage
Basement
Apartment, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
13
Interior
Basement
Apartment · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
696 Sheppard Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13800596$1,098,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 696 Sheppard Ave Compares to the Pickering Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,394
/mo
based on the purchase price of $1,098,000
$219,600 cash
$878,400 financed
$739,843 total interest
Principal54%$878,400
Interest46%$739,843
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Pickering
Other 3–5 bed homes for sale in Pickering around $1.1M.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio99.1%On average, homes sold below asking.
Active listings458Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 4 – Aug 2, 2026: prices up.
Based on 476 sales from Aug 2 – Oct 31, 2026 (389 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
696 Sheppard Ave is listed at $1,098,000 (MLS® E13800596). Summitly updates the price as soon as the MLS® record changes.
Is $1,098,000 a good price for 696 Sheppard Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Pickering. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 696 Sheppard Ave changed?
No — 696 Sheppard Ave is still listed at its original asking price of $1,098,000.
How many bedrooms and bathrooms does 696 Sheppard Ave have?
696 Sheppard Ave has 3 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Pickering.
Is 696 Sheppard Ave close to transit?
The nearest rapid-transit station is Pickering GO Station (Lakeshore East GO), about 2.9 km in a straight line. Rouge Hill GO Station is about 4.8 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 696 Sheppard Ave?
About $5,394 a month — principal and interest on $1,098,000 with 20% down ($219,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 696 Sheppard Ave compare with other homes in Pickering?
Its asking price of $1,098,000 is about 29% above the median sold price in Pickering over the last 90 days, $850,000, across 476 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 696 Sheppard Ave been sold before?
Summitly has no earlier MLS® sale or lease of 696 Sheppard Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 696 Sheppard Ave?
696 Sheppard Ave is in Pickering, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 696 Sheppard Ave been on the market?
43 days — 696 Sheppard Ave was listed on September 18, 2026.
What is the price per square foot of 696 Sheppard Ave?
About $732 to $998 per square foot: the asking price of $1,098,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 696 Sheppard Ave have parking or a garage?
Yes — the listing gives 13 parking spaces. Garage: Yes.
