111 Riverbank Drive N

Presenting an extraordinary opportunity to own a unique property at 111 Riverbank Drive N, Cambridge, this charming bungalow is available for the first time since 1963. Nestled within the highly sought-after community of 56 - Maple Grove, Riverbank, Royal Oak, this house for sale in Cambridge offers a remarkable blend of serene living and convenient access to urban amenities.

Set on a generous lot measuring 202 X 424 acres, this property provides ample space for outdoor activities and future development. The expansive grounds are framed by mature trees, creating a tranquil, country-like setting that is just minutes away from essential services, including Freeport Hospital, Highway 401, and major shopping hubs such as Sportsworld. With no HST and levies to build, this house for sale in Cambridge is not only a charming residence but also a fantastic building lot, should you wish to remove the existing home after constructing your dream property.

The bungalow itself features three spacious bedrooms, making it an ideal choice for families or those seeking extra space for guests. While there is no den or family room, the layout promotes comfortable living with a formal dining room perfect for hosting memorable meals. The main kitchen serves as the heart of the home, seamlessly connecting to a formal living room that is perfect for entertaining or simply unwinding after a long day.

Although the house is unfurnished, it provides a blank canvas for you to personalise and make your own. The home features one bathroom, and while it lacks air conditioning and a central vacuum system, the forced air heating powered by natural gas ensures a warm and welcoming environment during the cooler months. The property also boasts a full unfinished basement, providing plenty of potential for additional storage or future development.

Parking is a breeze with a private driveway that accommodates up to six vehicles, alongside a detached gravel garage that offers space for one car. This house for sale in Cambridge is designed with practicality in mind, featuring main-floor laundry facilities and ample storage options throughout.

One of the standout features of this property is its expansive backyard, which serves as a true retreat for those who appreciate outdoor living. Complete with a workshop and garden shed, it is perfect for DIY enthusiasts or gardening lovers. The possibilities for this outdoor space are endless, whether you envision a lush garden, a children's play area, or simply a peaceful space to relax and enjoy the natural surroundings.

For those who enjoy outdoor activities, the location is ideal, with walking trails and the Grand River just two minutes away. Here, you can rent a canoe to explore the river or indulge in a spot of fishing. This house for sale in Cambridge not only offers a cosy, cottage-inspired home but also provides easy access to the best of both rural and urban living.

Whether you are looking to enjoy this charming bungalow now or planning for the future, this property presents an exceptional opportunity. The combination of its prime location, spacious lot, and the potential for development makes it a rare find in today's market. Don’t miss your chance to own this prime real estate on Riverbank Drive, where the charm of a serene retreat meets the conveniences of an exceptional location. Make 111 Riverbank Drive N, Cambridge, your new home today, and embrace the endless possibilities that await!

The community of 56 - Maple Grove, Riverbank, Royal Oak in Cambridge offers a charming blend of suburban tranquility and accessibility to urban amenities. Nestled amidst lush greenery and picturesque landscapes, this area is characterised by its well-maintained homes and friendly atmosphere. Residents can enjoy leisurely strolls along scenic pathways and parks, while still being conveniently close to local shops, schools, and public transport links. The community fosters a sense of belonging, making it an ideal place for families and individuals alike who seek a peaceful yet connected lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a 5 km radius, you will find a mix of public and Catholic schools catering to various educational needs. Howard Robertson Public School, just 2.0 km away, offers elementary education from JK to grade 6 with a school rating of 3.9. Slightly further, Chicopee Hills Public School provides a broader range from JK to grade 8 and boasts a higher rating of 6.2. For secondary education, Preston High School is located 4.6 km away, rated at 6.0, while St. Mary's High School, a Catholic institution, is 4.8 km from the property with a rating of 5.4. Additionally, Franklin Public School and Doon Public School offer French language programs, with Franklin rated at 6.2. The presence of diverse schooling options, including both English and French language studies, ensures that families have access to quality education tailored to their preferences. Overall, this area is well-equipped to meet the educational needs of children at various stages of their academic journey.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 449 residents as of 2021. The average household consists of 2.6 individuals, with a notable average age of 45.9 years. The area's economic standing is strong, reflected in an average household income of $149,000, with only 4.4% of the population classified as low-income. The real estate market is robust, with average property prices reaching $1,120,000. Socially, the community is diverse, with 35.06% of residents identifying as single and 36.67% living in households with children. Immigrants make up 13.04% of the population, contributing to the area's cultural richness. The rental market is relatively small, with 17.65% of residents renting their homes, and there are no condominiums available in the area. Education levels are high, with 61.73% of residents holding a college or university degree. However, a significant portion, 25.93%, is not in the labor force, indicating potential opportunities for community engagement and development. Overall, this area presents a blend of affluence, education, and family-oriented living.