Patio, the fenced backyard for 111 Riverbank Dr, Cambridge Ontario N3H 4R6
47 days on Market

111 Riverbank Dr, Cambridge, Ontario N3H 4R6

Detached
3
1
~1580 sqft
$850,000
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Detached
3
1
~1580 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$537/sqft

Est. Mortgage$3,650/mo

Tax Amount (2023)$5,309/yr

Days On Market47 days


Description

Presenting an extraordinary opportunity to own a unique property on the coveted Riverbank Drive, available for the first time since 1963. This charming 3-bedroom bungalow, set on a large, mature treed lot, offers the cozy feel of a cottage combined with all the conveniences of city access. Surrounded by executive million-dollar homes, this residence features a private well and septic system, plenty of parking, and endless possibilities for future development in one of the area’s most sought-after neighborhoods. Designed for comfortable family living, the home features a warm, inviting layout with three spacious bedrooms, a cozy family room perfect for gatherings, and a formal dining room ideal for hosting memorable meals. The large eat-in kitchen serves as the heart of the home, connecting seamlessly to a formal living room—perfect for entertaining or relaxing. Main-floor laundry and ample storage enhance the home’s practicality. 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. With convenient access to Cambridge, Kitchener, and via the expressway Waterloo, New Hamburg, and surrounding areas, you can 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. Make this unique property the foundation of your future.


Property Details

StyleBungalow
View-
Age of property1940
SqFt~1580 SqFt
Lot Size85,456 Ac(424.1 x 201.5)
Parking Spaces6
MLS ®Number40673139
Community NameAllendale
Data SourceITSO
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Heating: Forced Air, Natural Gas
Basement: Full, Unfinished

Main Floor

Kitchen

4.78 x 4.60

Living Room

4.27 x 4.14

Bathroom

2.90 x 2.34

4-Piece

Laundry

2.87 x 1.85


Features

Lot size: 85,456 Ac
Septic Tank

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage

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Population and Demographics

Overview

Total population 190
Average household income $182,663

Age (%)

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

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%

Schools and amenities

Estimated Budget