$1,490,000
 $7,999 est/mo Sourced by Back At You

176 Riverbank Drive,Cambridge, ON N3H 4R6

Cambridge, ON N3H 4R6

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Description

This property offers the unique potential for severance into two separate lots, allowing for the opportunity to build a new home on this extraordinary, serene 1.06-acre lot or add a second dwelling, with the owner having already initiated the severance inquiries and process. The seller even has a dream house plan ready to go if you're interested in making this vision a reality! Imagine living on a secluded, tree-lined estate right within the city. 176 Riverbank Drive offers a tranquil sanctuary featuring a 3+1 bedroom bungalow spanning around 2,600 sqft of living space with a fully finished walkout basement. The serene lot gently slopes down to the Grand River, creating a private haven of peace surrounded by lush, mature trees and meticulously landscaped grounds. Step inside to find rich parquet hardwood floors, expansive windows flooding the space with natural light, and a cozy fireplace. Sliding glass doors from the dining room open to a generous deck with stunning views of your private yard. The updated kitchen is a dream, featuring elegant maple cabinetry, granite countertops, a stylish backsplash, and stainless-steel appliances, while a delightful, sun drenched sunroom provides the perfect spot for morning coffee. The home features three spacious bedrooms, including a serene primary suite, and an updated family bathroom. The finished lower level offers a large fourth bedroom, a full bath, an office nook, an oversized laundry room, generous storage, and a garden walkout leading to your backyard retreat. For those with recreational vehicles, the expansive driveway offers ample parking and plenty of room to store a boat or trailer. Conveniently located near major highways, Chicopee Ski & Summer Resort, and Fairview Mall, this property perfectly balances peaceful living with city convenience. Notable updates include the roof (2014), water softener (2011), furnace and AC (2015), updated kitchen/bathrooms, and a Venmar HRV HEPA filter system (2010). Don't miss it!

Details

MLS #40844408
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1969
Days On Site121
Listing Provided BySMART FROM HOME REALTY LIMITED | Emanuel Catana

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,435
BasementY
Story(s)1
ZoningRR2
Acreage1.06
Water FrontYes

Interior

AppliancesWater Heater, Water Softener, Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
Rooms Total17
Interior FeaturesAir Exchanger, Ventilation System
CoolingCentral Air
Cooling Yes / NoNo
HeatingForced Air, Natural Gas
Heating Yes / NoYes
Fireplaces Total1
Window FeaturesWindow Coverings
Laundry FeaturesIn Basement, Laundry Room

Exterior

Exterior FeaturesBacks on Greenbelt, Privacy, TV Tower/Antenna, Year Round Living
Lot FeaturesUrban, Rectangular, Airport, Greenbelt, Hospital, Landscaped, Library, Major Highway, Park, Place of Worship, Public Transit, Quiet Area, Regional Mall, Schools, Shopping Nearby, Trails
Construction MaterialsAluminum Siding
RoofAsphalt Shing
Foundation DetailsPoured Concrete
Waterfront FeaturesDirect Waterfront
Patio And Porch FeaturesDeck
Security FeaturesSmoke Detector

Parking

Garage Spaces0
Parking FeaturesAsphalt
Open Parking Yes / NoYes
Attached Garage Yes / NoNo

Utilities

SewerSeptic Tank

Taxes

Tax Annual Amount6395

Area Information

ProvinceON
CountyWaterloo
CityCambridge
Postal CodeN3H 4R6
Area15 Preston
Subarea56 Maple Grove | Riverbank | Royal Oak
Community Name56 Maple Grove, Riverbank, Royal Oak
Listing VS Median (in 56 Maple Grove, Riverbank, Royal Oak)
Price:
$1,490,000
low | high
Med:
$0
On site:
121
low | high
Med:
Sourced by Back At You

Market Activity N3H 4R6

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Learn More About This Property

ProvinceON
CountyWaterloo
CityCambridge
Postal CodeN3H 4R6
Area15 Preston
Subarea56 Maple Grove | Riverbank | Royal Oak
Community Name56 Maple Grove, Riverbank, Royal Oak
Listing VS Median (in 56 Maple Grove, Riverbank, Royal Oak)
Price:
$1,490,000
low | high
Med:
$0
On site:
121
low | high
Med:
Sourced by Back At You
Listing Updated: October 29, 2026 at 9:13:42 AM PDT