138 Riverbank Drive Cambridge, ON N3H 4R6
138 Riverbank Drive Cambridge, ON N3H 4R6 | MLS 40830954 Photo 1
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138 Riverbank Drive Cambridge, ON N3H 4R6 | MLS 40830954 Photo 4
138 Riverbank Drive Cambridge, ON N3H 4R6 | MLS 40830954 Photo 5
For more information on this listing, contact us at: (647) 643-3377
Active
$799,900
-9.1%

138 Riverbank Drive Cambridge, ON N3H 4R6

Residential Property Type
Waterloo Region
View All Property Details
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.
MLS # 40830954
Monthly Assoc. Fee N/A
On Site 163 Days
Last Updated 9/16/2026
For additional details, clarifications, or to request neighbourhood insights or comparables, our team is available to assist.

Location

Contact Agent

Hisham Abouraya

Hisham Abouraya

(647) 643-3377
Partner & REALTOR®

Property Details

Community Information

Address 138 Riverbank Drive, Cambridge, ON N3H 4R6
Region Waterloo
City Cambridge
Postal Code N3H 4R6

Property Features

Lot Dimensions 49.57 x 367.81
Lot Features Urban, Rectangular, Highway Access, Hospital, Public Transit, Schools, Visual Exposure
Waterfront River, Direct Waterfront, North, River Front, Access to Water
Frontage North
Frontage Length 49.57
Water Body Grand River
Utilities Electricity Available, Natural Gas Available
Sewer Septic Approved
Road Frontage Municipal Road
Zoning RR2
Directions Hwy 8 exit to King St E, turn east on Riverbank Dr

Tax and Financial Info

Tax Annual Amount $3,341.91
Ownership Type Freehold/None
Transaction Type Sale

Listing Agent/Office

Listing provided courtesy of Aga Saunders, RE/MAX Twin City Realty Inc..

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Price Change History

Date Old Price New Price Percent Change
8/17/2026 $879,900 $799,900
-9.1%

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138 Riverbank Drive Cambridge, ON N3H 4R6 | MLS 40830954
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Listing Information Last Updated 9/16/2026
The Company acknowledges that The Canadian Real Estate Association (CREA) is the owner of the MLS®, Multiple Listing Service® and related certification marks, and is the exclusive licensee of the REALTOR®, REALTORS® and related certification marks (collectively, “CREA’s trademarks”).
138 Riverbank Drive Cambridge, ON N3H 4R6
  • $799,900