$799,900
Est. payment $3,542/moCalculate yours
138 Riverbank Drive, Cambridge, ON N3H 4R6
Cambridge, ON N3H 4R6
Listing courtesy of RE/MAX TWIN CITY REALTY INC. MLS® X13682342
About this home
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.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 49.57 x 367.81 Feet
- Zoning
- RR2
Financial
- Property Taxes
- $3,342 (2026)
Location
- Cross Street
- King St E/Riverbank Dr
- Direction Faces
- North
Listing
- MLS® Number
- X13682342
- Days on Market
- 62
- Listed On
- 2026-08-17
- Possession
- flexible
- Listed By
- RE/MAX TWIN CITY REALTY INC.
Mortgage calculator
Estimated mortgage payment
$3,542 per month
- Principal and interest
- $3,542
- Property tax
- $279
- Condo fees
- $0
- Estimated monthly cost
- $3,820
Your mortgage
- Mortgage amount
- $639,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $422,615
Cash to close
- Down payment
- $159,980
- Land transfer tax
- $12,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $172,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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