120 Riverbank Drive, Cambridge, ON
Property no longer active
This property was sold on November 20, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,099,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 94.68 x 377.77 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Water Treatment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Set along the Grand River, this bungalow combines over 3,000 sq. ft. of finished living space with a rare connection to nature, all just minutes from Cambridge and Kitchener amenities. Originally built as a three-bedroom, the main floor now offers two bedrooms and two full baths, including a primary suite with river views, with the option to restore the original three-bedroom layout. Expansive windows fill the open living, dining, and kitchen areas with light, while providing a seamless view of the river and access to the deck. The lower level extends the home with a walk-out family room, third full bath, and flexible rooms that can serve as bedrooms, guest space, or a home office. Outdoors, the deep, tree-lined lot leads directly to the river-ideal for paddling, fishing, or simply relaxing in a peaceful setting. Updates include new sump pump (2025), water pressure tank (2023), deck boards (2021), shed (2021) septic tank (2016), water filtration, softener and chimney. With an attached double car garage, ample parking, and quick access to major highways, this property blends privacy, practicality, and the unique lifestyle of riverside living.
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Property Summary
This detached home located at 120 Riverbank Drive, Cambridge is currently for sale and has been available on SousaSells for 293 days. This property is listed at $1,099,000 with an estimated mortgage of $3,658* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 120 Riverbank Drive, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Auto Garage Door Remote
- Water Treatment
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 120 Riverbank Drive, Cambridge, ON
Q.What is the asking price for 120 Riverbank Drive, Cambridge, ON ?
The current listing price for 120 Riverbank Drive, Cambridge, ON in Cambridge is $1,099,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 120 Riverbank Drive, Cambridge, ON ?
120 Riverbank Drive, Cambridge, ON is a Detached (Bungalow) featuring a Finished, Full basement.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Water Treatment.
Q.Is parking available at this property?
Yes, this property offers parking space for 9.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 120 Riverbank Drive, Cambridge, ON N3H 4R6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $1,099,000 in Cambridge, the legal minimum down payment is $219,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,455 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.