$ 799,900

138 Riverbank Drive, Cambridge

Exclusive Grand River living with breathtaking waterfront views and an unmatched setting that feels like a private escape from the everyday. This rare offering presents an incredible opportunity to build your dream estate in one of the Region’s most sought-after enclaves, where serene riverside living meets the convenience of city amenities just minutes away. Perfectly positioned between Kitchener and Cambridge, and just moments from Highway 401 and Highway 8, this exceptional property offers the ideal balance of peaceful country-style living with unbeatable commuter access. Enjoy spectacular views of the Grand River and imagine creating the custom home and lifestyle you’ve always envisioned in this truly picturesque setting. Whether it’s kayaking, paddleboarding, fishing, or simply relaxing while taking in the calming sounds and scenery of the river, this property offers an extraordinary connection to nature and outdoor living. Nearby Chicopee Ski & Summer Resort, Fairview Park Mall, shopping, dining, and endless amenities add even more appeal to this prestigious location. Adding tremendous value, the seller has already completed extensive preliminary work including, but not limited to, a field survey, slope stability assessment, and plans for a proposed walk-out bungalow — offering buyers an incredible head start toward bringing their vision to life. Opportunities like this are exceptionally rare. Build your forever home in a setting that offers beauty, lifestyle, and prestige all in one unforgettable package. A truly remarkable slice of paradise on the Grand River. (id:1945)
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Property details for 138 Riverbank Drive, Cambridge

Type
Lots and Land
Basement
None
Ownership
Freehold
Annual Taxes
$3,342

Nearby Listings Stat

Estimated price and comparable properties near 138 Riverbank Drive

Active Listings
4
Min Price
$799,900
Max Price
$2,099,000
Avg Price
$1,399,725
Days on Market
80
days
Sold Listings
1
Min Sold Price
$1,249,999
Max Sold Price
$1,249,999
Avg Sold Price
$1,249,999
Days until Sold
53
days

Neighbourhood Census Data

Cambridge, Ontario

Population
458
Median Age
48.8
Median Income
$43,904
Dwelling Value
$501,079

Housing Tenure

Owners 82%
Renters 15%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.7
Pop. Density: 45.2/km²
Avg Shelter Cost: $1,348/mo
Owners with Mortgage: 48.1%
Owners Spending 30%+: 14.8%
Tenants Spending 30%+: 0%
English only: 93.5%
English and French: 5.4%
Median Household Income: $97,024
Median Employment Income: $39,424

Price History

Listed
May 19, 2026
by RE/MAX Twin City Realty Inc.
Current Price
$799,900
-9.1% from last change
Type
Lots and Land
For Sale
Price Changes
1
Date Price Change
Current $799,900 $80,000 (-9.1%)
Aug 17, 2026 $879,900 Listed

Contact Agent Get in touch about 138 Riverbank Drive, Cambridge

AGA SAUNDERS
AGA SAUNDERS
RE/MAX Twin City Realty Inc.

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