138 Riverbank Drive, Cambridge, ON N3H 4R6
Cambridge · Near King St E/Riverbank Dr · View map
About this home
LIVE ON ONE OF THE REGION'S MOST PRESTIGIOUS RIVERFRONT STREETS! Imagine waking up every morning to breathtaking views of the Grand River, surrounded by natural beauty, tranquility, and the prestige of an exceptional riverside address. This is a rare opportunity to create your dream estate in one of the Region's most sought-after enclaves. Enjoy peaceful, country-inspired living just minutes from Kitchener, Cambridge, Highways 401 and 8, and all essential amenities. Picture your custom-designed home overlooking the river, with summer days spent kayaking, paddleboarding, fishing, or simply relaxing while taking in the spectacular scenery. Nearby Chicopee Ski & Summer Resort, Fairview Park Mall, shopping, and dining add to the appeal of this exceptional location. Adding tremendous value, the seller has completed extensive preliminary work, including a field survey, slope stability assessment, and plans for a proposed walk-out bungalow - giving you an exciting head start on bringing your vision to life. Opportunities like this are exceptionally rare! Don't just dream about your forever home - build it on one of the Region's most prestigious streets. Secure your place along the Grand River and experience the beauty, lifestyle, and prestige of this truly remarkable property. Your dream home deserves an extraordinary address. Make it yours!
The home
- Type
- Vacant land
- Bathrooms
- 0
- Lot size
- 49.6 x 367.8 ft
- Faces
- North
- View
- River
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $3,342/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- flexible
- Cross street
- King St E/Riverbank Dr
More
- MLS® number
- X14145534
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The home and its surroundings
- Hospital
- Golf
- River/Stream
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
138 Riverbank Drive, Cambridge, ON N3H 4R6
Cambridge · Near King St E/Riverbank Dr
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Listing history for 138 Riverbank Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 138 Riverbank Drive
Answers come straight from this home’s MLS® listing.
How much is 138 Riverbank Drive listed for, and what would it cost each month?
138 Riverbank Drive is listed for $799,900. With 20% down ($159,980), the mortgage payment would be roughly $3,227 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,505 a month, all in. That figure is an illustration, not a quote.
Is 138 Riverbank Drive freehold or a condo, and is there a monthly fee?
138 Riverbank Drive is a vacant land in Cambridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 138 Riverbank Drive have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 138 Riverbank Drive?
138 Riverbank Drive is a vacant land. Vacant land and farms are sold for the land itself; zoning, services and access decide what can be built.
How big is 138 Riverbank Drive, and what is the lot size?
The lot is listed as 49.6 x 367.8 ft.
What are the property taxes for 138 Riverbank Drive?
Property taxes are $3,342 a year (2026), or about $279 a month.
Where is 138 Riverbank Drive?
138 Riverbank Drive is in Cambridge. The nearest main intersection is King St E/Riverbank Dr. The postal code is N3H 4R6.
Is 138 Riverbank Drive still for sale?
Yes. It is an active listing (MLS® X14145534). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 138 Riverbank Drive asking?
Similar properties for sale nearby right now include 683 PRESTON Parkway at $899,000, 3 - 90 Alderson Drive at $749,000 (3 bed) and 1 - 170 Vondrau Drive at $899,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 138 Riverbank Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 138 Riverbank Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Cambridge, picked by style, size and price.
Vacant land$899,000683 PRESTON Parkway, Cambridge0 bathCourtesy of: RE/MAX TWIN CITY REALTY INC.View home →
Vacant land condo$749,0003 - 90 Alderson Drive, Cambridge3 bed · 4 bathCourtesy of: REAL ESTATE HOMEWARDView home →
Industrial$899,9991 - 170 Vondrau Drive, CambridgeCourtesy of: COLDWELL BANKER G19 REALTYView home →Courtesy of: RE/MAX TWIN CITY REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.