1576 Saugeen Drive, Pickering, ON

Amberlea, Pickering · MLS® E13808166

$1,249,000
For Sale
Just listed todayNo offer date stated
Request a showing
◎ Directions
4+1Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Beautifully renovated and meticulously maintained by the same Italian family for over 20 years, this home showcases true pride of ownership at every turn.
  • Offering over 3,000 sq. ft. of finished living space, this spacious residence features generously sized principal rooms, large bedrooms, gleaming hardwood flooring...
  • The beautifully finished basement includes a second kitchen, creating the perfect space for extended family, entertaining, or potential in-law living.
  • Step outside to your private backyard oasis featuring professionally landscaped grounds, beautiful interlock stonework, an above-ground pool, and plenty of space to...
  • Conveniently located just minutes to Highway 401, GO Transit, shopping, restaurants, and every amenity you need, this is a rare opportunity to own a move-in-ready...

Welcome to this exceptional family home in Pickering's highly sought-after Amberlea neighbourhood, one of the city's most established and desirable communities. Beautifully renovated and meticulously maintained by the same Italian family for over 20 years, this home showcases true pride of ownership at every turn.Offering over 3,000 sq. ft. of finished living space, this spacious residence features generously sized principal rooms, large bedrooms, gleaming hardwood flooring throughout, and elegant pot lights that add warmth and sophistication. The main floor office offers incredible flexibility and can easily serve as a fifth bedroom, making it ideal for multigenerational families or those working from home.The beautifully finished basement includes a second kitchen, creating the perfect space for extended family, entertaining, or potential in-law living.Step outside to your private backyard oasis featuring professionally landscaped grounds, beautiful interlock stonework, an above-ground pool, and plenty of space to relax, entertain, and enjoy summer with family and friends.Perfectly situated in a family-oriented community, this home is surrounded by parks, walking trails, and some of Pickering's top-rated schools, making it an ideal choice for families. Conveniently located just minutes to Highway 401, GO Transit, shopping, restaurants, and every amenity you need, this is a rare opportunity to own a move-in-ready home in one of Pickering's most desirable neighbourhoods where space, quality, and location come together perfectly.

Key facts

Property type
Detached, 2-Storey
MLS®
E13808166
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
49.21 × 111.55 ft
Cross streets
highview and whites rd
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Above Ground
Property tax
$8,879 / 2026
Listing brokerage
REALTY WEALTH GROUP INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.23Mlikely sale price

Listed at $1,249,000. 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 $1.23M, if it sells. A realistic range is $1.15M to $1.39M.

Independent value check: $1.25M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.17M and $1.31M).

Why $1.25M. 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 $8,879 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.
List price
$1.15MBelow recent closings$1.39MAbove recent closings

Total price vs nearby homes. Likely closing about $1.23M, from 26 recent closings in this pocket.

The market behind the math:

26sold nearby · 90 days
$950Kmedian sold price
100%of asking, on average
−14%prices vs a year ago
~16 dayshomes like this take to sell
$4,992/moest. rent · 12 leases
4.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 14 detached homes for sale in the area against 26 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $384/sqft against an area asking average of $575/sqft.

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 $1.24M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

Based on 26 comparable homes that sold in Amberlea over the past two years, from 196 closings there.

What sellers nearby are askingCurrently listed nearby in Amberlea · asking prices
$1.18Mavg asking

Nothing 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 $1.25M, which is where my estimate comes from.

Per square foot, these ask about $503/sqft; this home lists at $384/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
1.25MThis home1.25M1.25M1.15M1.20M1.04MThis home vs active comparables

Neighbourhood & location

Amberlea, Pickering, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Highbush
$1.18M
Woodlands
$1.49M
Dunbarton
$1.60M
Rougemount
$1.74M
Liverpool
$1.08M

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

Affordability
$5,693/mo
$245KIncome needed
5.1×Price ÷ income
$1,314Weekly cost
$21,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

88%mortgage
Mortgage $5,693Property tax $740Total carry $6,432

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

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,469per month

Mortgage amount $999,200 · 4.39% over 25 years

$249,800Down payment (20.0%)
$999,200Loan before insurance
$0CMHC premium
$6,209Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,469
Property tax
$740
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,209

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$21,455
Estimated closing costs
$21,455

Plus your down payment of $249,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,626/monthPayment at the qualifying rate

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

$641,609Total interest paid
$1,640,809Total of all payments
Principal $999,200 Interest $641,609
YearPrincipalInterestBalance
1$22,611$43,022$976,589
2$23,614$42,018$952,975
3$24,662$40,970$928,313
4$25,757$39,876$902,556
5$26,900$38,732$875,656
6$28,094$37,539$847,563
7$29,341$36,292$818,222
8$30,643$34,990$787,579
9$32,003$33,630$755,576
10$33,423$32,209$722,153
11$34,906$30,726$687,247
12$36,456$29,177$650,791
13$38,074$27,559$612,717
14$39,763$25,869$572,954
15$41,528$24,104$531,426
16$43,371$22,261$488,054
17$45,296$20,336$442,758
18$47,307$18,326$395,452
19$49,406$16,226$346,045
20$51,599$14,034$294,447
21$53,889$11,743$240,558
22$56,281$9,352$184,277
23$58,778$6,854$125,499
24$61,387$4,245$64,112
25$64,112$1,521$0

At the end of your 5-year term

Total paid over the term
$328,162
Principal paid down
$123,544
Interest paid
$204,618
Balance remaining
$875,656

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.

Let's connect

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

Rental yield
From 12 whole-home leases in Amberlea$4,992/mo
$59,904Gross annual rent
3.4%Cap rate after taxes and upkeep
$4,691 to $5,242Typical rent range
~25 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 12 whole-home leases in Amberlea signed at a median of $4,265 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,992. 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.

4.8%
Gross yield
− Property tax $8,879− Insurance $1,400− Vacancy & upkeep $6,589Net operating income $43,036

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REALTY WEALTH GROUP INC.. MLS®/PropTx.

CallRequest a showing