Patio, forest/trees view for 111 Riverbank Dr, Cambridge Ontario N3H 4R6
Re-listed 10 days ago

111 Riverbank Dr, Cambridge, Ontario N3H 4R6

Detached
-
-
- sqft
$850,000
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$8,500Cashback
Detached
-
-
- sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,650/mo

Tax Amount (2023)$5,309/yr

Days On Market10 days

Total Days On Market183 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
$•••,•••
10 days on market
history photo preview21
Listing by itso®
Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

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

0 day

Compared to

2024

25 days

2023

1 day

New Listings

Past 30 days

0 listing

Compared to

2024

2 listings

2023

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$1,110,000

2023

$1,717,000


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