8 days on Market

176 Riverbank Dr, Cambridge, Ontario N3H 4R6

Detached
3 + 1
2
~2571 sqft
$1,500,000
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Detached
3 + 1
2
~2571 sqft

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Highlights

Property Estimate

Days on market8 days

Estimated valueNot available

Price/Sqft$583/sqft

Monthly cost

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Description

This property offers the unique potential for severance into two separate lots, allowing for the opportunity to build a new home on this extraordinary, serene 1.06-acre lot or add a second dwelling, with the owner having already initiated the severance inquiries and process. The seller even has a dream house plan ready to go if you’re interested in making this vision a reality! Imagine living on a secluded, tree-lined estate right within the city. 176 Riverbank Drive offers a tranquil sanctuary featuring a 3+1 bedroom bungalow spanning around 2,600 sqft of living space with a fully finished walkout basement. The serene lot gently slopes down to the Grand River, creating a private haven of peace surrounded by lush, mature trees and meticulously landscaped grounds. Step inside to find rich parquet hardwood floors, expansive windows flooding the space with natural light, and a cozy fireplace. Sliding glass doors from the dining room open to a generous deck with stunning views of your private yard. The updated kitchen is a dream, featuring elegant maple cabinetry, granite countertops, a stylish backsplash, and stainless-steel appliances, while a delightful, sun drenched sunroom provides the perfect spot for morning coffee. The home features three spacious bedrooms, including a serene primary suite, and an updated family bathroom. The finished lower level offers a large fourth bedroom, a full bath, an office nook, an oversized laundry room, generous storage, and a garden walkout leading to your backyard retreat. For those with recreational vehicles, the expansive driveway offers ample parking and plenty of room to store a boat or trailer. Conveniently located near major highways, Chicopee Ski & Summer Resort, and Fairview Mall, this property perfectly balances peaceful living with city convenience. Notable updates include the roof (2014), water softener (2011), furnace and AC (2015), updated kitchen/bathrooms, and a Venmar HRV HEPA filter system (2010). Don't miss it!


Property Details

StyleBungalow
View-
Age of property1969
SqFt~2571 SqFt
Lot Size46,029 SqFt(380 x 121.13)
Parking Spaces14
MLS ®Number40844408
Community NameAllendale
Data SourceITSO
Listing bySMART FROM HOME REALTY LIMITED

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Walk-Out Access, Full, Finished

Main Floor

Kitchen

2.46 x 3.81

Bedroom Primary

4.14 x 3.38

Sunroom

5.61 x 3.30

Living Room

3.40 x 6.12


Features

Lot size: 46,029 SqFt
Septic Tank

Parking

Garage spaces -

Garage type -

Total parking spaces 14


Property listed by SMART FROM HOME REALTY LIMITED, Brokerage
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Market Data - Allendale

Geo Zone Map ThumbnailAllendale

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

10 days

Compared to

2025

0 day

2024

7 days

2023

10 days

New Listings

Past 30 days

0 listing

Compared to

2025

2 listings

2024

2 listings

2023

0 listing

Units sold

Past 30 days

1 unit

Compared to

2025

0 unit

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$1,175,000

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