Patio, forest/trees view for 111 Riverbank Dr, Cambridge Ontario N3H 4R6
Re-listed 76 days ago

111 Riverbank Dr, Cambridge, Ontario N3H 4R6

Detached
-
-
- sqft
$850,000
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$8,500Cashback
Detached
-
-
- sqft

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Highlights

Property Estimate

Days on market76 days

Total days on market
249 days

Estimated valueNot available

Price/Sqft-

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CMA Subject Property

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+1

Properties sold*

$1.7M

Median sold price*

*Based on last 30 days

Description

Presenting an extraordinary opportunity to own a unique property on the coveted Riverbank Drive, available for the first time since 1963. THIS WOULD MAKE A GREAT BUILDING LOT ON .88 OF AN ACRE, NO HST AND LEVIES TO BUILD AS THERE IS AN EXISTNG HOME ON THE PROPERTY THAT WOULD NEED TO BE REMOVED AFTER BUILDING! see listing 40721911 to view inside of the home.....You could possibly live in This charming 3-bedroom bungalow, while your building your new home if the location allows for it. The expansive backyard is a true retreat, complete with a workshop and garden shed, perfect for DIY enthusiasts or gardening lovers. Framed by mature trees, this property offers a tranquil, country-like setting just minutes from Freeport Hospital, Highway 401, and major shopping hubs like Sportsworld. Access to Cambridge, Kitchener, and via the x-way to Waterloo, New Hamburg, & surrounding areas, enjoy the best of both worlds. 2 mins to walking trails and the Grand river where you can rent a canoe to explore the Grand river or just go fishing. Whether you’re looking to enjoy this cozy, cottage-inspired home now or planning to save up for your dream home on this outstanding lot, the possibilities are endless. Don’t miss this chance to own prime real estate on Riverbank Drive, where the charm of a serene retreat meets the conveniences of an exceptional location.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size85,456 Ac(424.1 x 201.5)
Parking Spaces-
MLS ®Number40721918
Community NameAllendale
Data SourceITSO
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Lot size: 85,456 Ac
Septic Tank

Property History

Apr 27, 2025
Listed for
$850,000
Login required
Re-listed
$•••,•••
76 days on market
history photo preview21
Listing by itso®

Market Data - Allendale

Geo Zone Map ThumbnailAllendale

Strong Seller's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

7 days

2023

10 days

2022

0 day

New Listings

Past 30 days

2 listings

Compared to

2024

2 listings

2023

0 listing

2022

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

1 unit

2022

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$1,675,000

2023

$1,800,000


Population and Demographics

Overview

Total population 190
Average household income $182,663

Age (%)

0 to 19
20%
20 to 34
14%
35 to 49
19%
50 to 64
25%
65 and plus
22%

Household composition (%)

Single family
80%
Single person
15%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
85%
Others
6%
Punjabi (Panjabi)
3%
German
2%
Portuguese
2%
French
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget