138 Riverbank Drive
Cambridge, ON N3H 4R6
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
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.
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
Property Details
Community Information
Address
138 Riverbank Drive, Cambridge, ON N3H 4R6
Area
15 - Preston
Region
Waterloo
City
Cambridge
Postal Code
N3H 4R6
Neighborhood
56 - Maple Grove, Riverbank, Royal Oak
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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Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
Price Change History
| Date | Old Price | New Price | Percent Change |
| 8/17/2026 | $879,900 | $799,900 |
-9.1%
|
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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”).