
1576 Saugeen Drive, Pickering
Pickering
$1,349,000
Cash flow, cap rate & mortgage breakdown
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Listed by REALTY WEALTH GROUP INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
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.
MississaugaInvestor.ca
1576 Saugeen Drive
Detached · 5bd/4ba · ~3,250 sqft
$1,349,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.18%
Monthly Cash Flow
-$3,758/mo
Estimated Rent
$5,195/mo
Cash-on-Cash
-15.22%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,195 |
| Mortgage | −$6,209 |
| Property Tax | −$1,135 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,124 |
| Vacancy (5%) | −$260 |
| Cash Flow | -$3,758/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$62,340 |
| Vacancy (5%) | −$3,117 |
| Property Tax | −$13,625 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,490 |
| Annual NOI | $29,408 |
| Cap Rate | 2.18% |
Cash Required to Close
| Down Payment (20%) | $269,800 |
| Ontario Land Transfer Tax | $23,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $296,255 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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