1554 Saugeen Drive, Pickering, ON
Amberlea, Pickering · MLS® E13754252
About this home
In short
- Welcome to 1554 Saugeen Drive, an exceptional family home in Pickering's highly sought-after Amberlea neighbourhood, one of the city's most established and desirable...
- This spacious 5-bedroom residence offers an ideal layout for large or multi-generational families, featuring a separate entrance to a fully finished lower level...
- Enjoy added peace of mind with a brand-new roof, providing lasting value and reduced maintenance for years to come.
- Mary Catholic Secondary School, this home is also just minutes from Rouge National Urban Park, Petticoat Creek Conservation Area, Pickering Town Centre, Pickering GO...
Welcome to 1554 Saugeen Drive, an exceptional family home in Pickering's highly sought-after Amberlea neighbourhood, one of the city's most established and desirable communities. This spacious 5-bedroom residence offers an ideal layout for large or multi-generational families, featuring a separate entrance to a fully finished lower level complete with an additional kitchen, two bedrooms, and a dedicated office. Enjoy added peace of mind with a brand-new roof, providing lasting value and reduced maintenance for years to come. Perfectly situated near top-rated schools, including Dumbarton High School and St. Mary Catholic Secondary School, this home is also just minutes from Rouge National Urban Park, Petticoat Creek Conservation Area, Pickering Town Centre, Pickering GO Station, Highway 401, Highway 407, parks, shopping, restaurants, and everyday amenities. Offering generous living space, exceptional flexibility, and a prime location in the heart of Amberlea, this is a rare opportunity to own a home that combines comfort, convenience, and long-term value in one of Pickering's most desirable family neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13754252
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 5 (2 half)
- Size
- 3000-3500 sq ft
- Lot
- 47.21 × 109.91 ft
- Cross streets
- Rosebank/Finch
- Parking
- 2 garage · 8 parking (attached)
- Driveway
- Private Double
- Basement
- Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,773 / 2026
- Days on market
- 13
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
tile floor · window
pot lights · quartz counter · backsplash
4 pc ensuite · walk-in closet(s) · laminate
laminate · window · closet
ceramic floor · backsplash
laminate · window · closet
closet · laminate
laminate · window · double closet
hardwood floor · window
Laminate
laminate · window · double closet
Ceramic Floor
hardwood floor · window
hardwood floor · large window
2 pc ensuite · window · closet
laminate · window · double closet
pot lights · hardwood floor · fireplace
Listed at $1,325,000. Going by how homes in Amberlea and the wider GTA have actually closed against their asking prices (about 99%, 26 local closings in 90 days), the likely sale price is near $1.31M, if it sells. A realistic range is $1.22M to $1.47M.
Independent value check: $1.23M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $1.15M and $1.29M).
Why $1.23M. The typical detached home sold in Amberlea over the past year went for about $1.01M (90 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,773 a year; the typical home sold here pays about $7,100.
- ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 1,750 to 2,250.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $1.31M, from 26 recent closings in this pocket.
The market behind the math:
About 2.4 months of inventory: 21 detached homes for sale in the area against 26 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $408/sqft against an area asking average of $554/sqft.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Amberlea: 19 of the 66 detached leases here lately were basement units, around $1,700 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Pickering.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 26 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.23M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($408/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Amberlea, so I widened the search to the surrounding area.
Based on 26 comparable homes that sold in Amberlea over the past two years, from 196 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.23M, which is where my estimate comes from.
Per square foot, these ask about $507/sqft; this home lists at $408/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Amberlea, Pickering, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Pickering.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.
Mortgage amount $1,060,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,802
- Property tax
- $731
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,533
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,975
- Estimated closing costs
- $22,975
Plus your down payment of $265,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $348,130
- Principal paid down
- $131,061
- Interest paid
- $217,069
- Balance remaining
- $928,939
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in Amberlea (19 of 66 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 18 whole-home leases in Amberlea signed at a median of $3,968 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,889. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.