125 Riverbank Drive, Cambridge, ON
Property no longer active
This property was sold on October 25, 2024. 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 and vinyl siding construction, this residence presents an exceptional opportunity offered at $998,000 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.
- 5 Bedrooms and 1 Bathroom
- Premium 84.1 x 492 ft lot size
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, In-Law Capability, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome home to Country in the City, 125 Riverbank Drive, an all brick 3+2 bed ranch bungalow is ready to welcome your family, Escape from the city to this beautiful almost 1 acre wooded site within minutes of the 401 or Waterloo's University Ave. A welcoming porch invites us into the home, a flagstone foyer plus hardwood floors throughout the main level. The open living and dining rooms feature large windows bringing in natural light. a fully updated kitchen features an abundance of wood cabinets and stainless steel appliances overlooking the incredible rear garden. a few steps from your renovated kitchen you will find a beautiful custom deck, conversation area with gazebo, garden, plus a large treed green space stretching to the rear of this amazing property with running water, a perfect place to relax and entertain. Back inside the home, our main level is complete with family sized bedrooms and a full bath. The large bright lower level is also fully finished, hosting a rec room plus two additional bedrooms that could easily be used as flex living space, laundry room and storage. Close to the Grand River, trails, shopping and much more this is an opportunity not to be missed.
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Property Summary
This detached home located at 125 Riverbank Drive, Cambridge is currently for sale and has been available on SousaSells for 699 days. This property is listed at $998,000 with an estimated mortgage of $3,322* per month. It has 5 beds, 1 bathroom, and is unknown square feet. 125 Riverbank Drive, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Cambridge.
- •5 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •Desirable Detached architecture in Cambridge
Growing families needing multi-bedroom flexibility and space in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- In-Law Capability
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 125 Riverbank Drive, Cambridge, ON
Q.What is the asking price for 125 Riverbank Drive, Cambridge, ON ?
The current listing price for 125 Riverbank Drive, Cambridge, ON in Cambridge is $998,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 1 bathroom.
Q.What property type and architectural style is 125 Riverbank Drive, Cambridge, ON ?
125 Riverbank Drive, Cambridge, ON is a Detached (Bungalow) featuring a Full, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Capability, Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 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 125 Riverbank Drive, Cambridge, ON N3H 4R6
Based on 0 recent similar sales in the pocket.
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 $998,000 in Cambridge, the legal minimum down payment is $74,800 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 $16,435 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 $16,435.
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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.