$799,900
Cambridge
138 Riverbank Drive, Cambridge, Ontario, N3H4R6
This lot in Cambridge is for sale.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 79 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This vacant land in Cambridge is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $799,900, about 9.8× the local median household income of $82,000.
Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 91% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3H)
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