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  • Ontario
  • Cambridge
  • 120 Riverbank Drive
120-riverbank-drive-cambridge-ontario-x12471489
120-riverbank-drive-cambridge-ontario-x12471489
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  • Sold Sold in Oct 2025
  • Detached

120 Riverbank Drive

Cambridge
  • 3 Bedrooms
  • 3 Bathrooms
  • 1.5 Garage
  • Share
Sold Price: $ 1,079,900
1.74%
Listed Price: $ 1,099,000
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Room Details of 120 Riverbank Drive, Cambridge

FloorBedroomsBathrooms
Basement 1 1
Ground 2 2

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Key Facts About 120 Riverbank Drive, Cambridge

  • Tax $7,256 / 2025
  • Property Type Residential
  • Building Type Detached
  • Building Style Bungalow
  • Size 1500 - 2000 feet²
  • Lot Size 94.68 x 377.77 feet
  • Parking 1.5 garage, 7 parking
  • Basement Finished, Full
  • Listing # X12471489
  • Data Source PROPTX
  • Days on Market 9
  • Listed On 20/10/2025
  • Updated On 20/11/2025
  • Market Demand
    the canadian homethe canadian home

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

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Property Details of 120 Riverbank Drive, Cambridge

Property

  • Property Type Detached
  • Style Bungalow
  • Fronting On N
  • Municipality Cambridge

Inside

  • Bedrooms 3
  • Bathrooms 3
  • Bathroom Details 1, 3pc Main
  • Bathroom Details 1, 3pc Basement
  • Bathroom Details 1, 4pc Main
  • Basement Finished, Full
  • Kitchen 1
  • Rooms 9
  • Family Rooms Y
  • Central Vac N
  • Fireplace Y

Utilities

  • Water Well
  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 1500 - 2000 feet²
  • Architecture Style Bungalow
  • Exterior Feature Brick

Parking

  • Drive Way Private
  • Garage Type Attached
  • Garage 1.5
  • Parking Places 7
  • Total Parking Places 8.5

Land

  • Sewer Septic
  • Frontage 94.68
  • Depth 377.77
  • Lot Size 94.68 x 377.77 feet
  • Lot Size Code Feet
  • Cross Street KING ST

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Our Estimate

See Real Estate Market Trends in Cambridge

Estimated Rent

$ 3,359

Rental Yield

2.87%

School Score

7.5/10

Rental Score

2.5/5

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Rooms

Bathroom (1.82X2.92 metre)
Level: Basement
Bedroom 3 (3.33X4.97 metre)
Level: Basement
Other (5.11X5.84 metre)
Level: Basement
Laundry (3.24X5.19 metre)
Level: Basement
Recreation (3.75X7.58 metre)
Level: Basement
Other (7.23X4.49 metre)
Level: Basement
Bathroom (2.27X3.1 metre)
Level: Main
Bathroom (2.82X2.1 metre)
Level: Main
Bedroom 2 (3.52X3.19 metre)
Level: Main
Dining Room (3.93X4.94 metre)
Level: Main
Family Room (3.93X4.39 metre)
Level: Main
Foyer (3.63X2.35 metre)
Level: Main
Kitchen (3.63X4.9 metre)
Level: Main
Primary Bedroom (4.31X3.76 metre)
Level: Main
Living Room (5.49X6.08 metre)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 120 Riverbank Drive, Cambridge

Introducing a remarkable opportunity to acquire a stunning house for sale in Cambridge , located at 120 Riverbank Drive, Cambridge. This exceptional detached bungalow is nestled along the picturesque Grand River, offering an enviable connection to nature while remaining conveniently close to the amenities of both Cambridge and Kitchener. Spanning over 3,000 square feet of finished living space, this residence presents an ideal blend of comfort, style, and functionality.

As you approach the property, you will immediately appreciate the charming brick exterior that exudes character and warmth. The thoughtfully designed layout comprises three bedrooms, although the current configuration features two spacious bedrooms and two full bathrooms, including a luxurious primary suite with breathtaking views of the river. The original three-bedroom layout can easily be restored, providing flexibility to suit your needs. This house for sale in Cambridge is perfect for families or individuals seeking a tranquil retreat without sacrificing modern conveniences.

The heart of the home is the expansive open-plan living, dining, and kitchen areas, which are bathed in natural light thanks to the large windows that frame stunning views of the river. The seamless flow between these spaces creates an inviting atmosphere, ideal for entertaining guests or enjoying quiet evenings at home. Step outside onto the deck, where you can soak in the serene surroundings and relish the peaceful sounds of nature.

The lower level of the property further enhances its appeal, featuring a finished basement that includes a walk-out family room, a third full bathroom, and versatile rooms that can easily be transformed into additional bedrooms, guest accommodations, or a dedicated home office. This house for sale in Cambridge truly offers an abundance of space to cater to your lifestyle requirements.

Outdoor enthusiasts will be delighted by the deep, tree-lined lot that extends directly to the river, providing ample opportunities for paddling, fishing, or simply unwinding in a tranquil setting. The well-maintained grounds offer a perfect backdrop for outdoor activities and relaxation alike. The property also boasts an attached garage with space for 1.5 vehicles, along with a private driveway that accommodates up to seven parking spaces, ensuring that both residents and guests have ample room.

The house for sale in Cambridge has been thoughtfully updated to enhance its functionality and comfort. Recent improvements include a new sump pump installed in 2025, a water pressure tank added in 2023, and deck boards replaced in 2021. Additionally, the shed was constructed in 2021, and the septic tank was updated in 2016. The property also features a water filtration and softener system, ensuring that you enjoy the highest quality water. The heating system operates on forced air, while central air conditioning provides relief during warmer months.

Situated in the desirable Waterloo area, this home combines the best of both worlds: the tranquility of riverside living and the convenience of quick access to major highways. The location at 120 Riverbank Drive, Cambridge, allows for easy commutes and access to local amenities, making it an ideal choice for families, professionals, or anyone seeking a serene lifestyle without compromising on convenience.

In summary, this house for sale in Cambridge is a rare gem that offers a harmonious blend of nature, space, and modern living. With its stunning views, versatile layout, and extensive updates, this property is poised to be your dream home. Don’t miss the chance to make 120 Riverbank Drive, Cambridge, your own and experience the unique lifestyle that comes with it. Act now to secure this exceptional property before it’s too late!

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Howard Robertson Public School (2.1 km) and Chicopee Hills Public School (2.8 km), both offering elementary education in English, with ratings of 3.9 and 6.2 respectively. For families seeking French immersion, Franklin Public School (4.1 km) offers grades 1 to 6 and has a commendable rating of 6.2. Additionally, Doon Public School (3.9 km) caters to grades 7 and 8 in French, although it currently has a lower rating. For secondary education, Preston High School (4.6 km) provides a strong program for grades 9 to 12 with a rating of 6, while St. Mary's High School (4.9 km) offers a Catholic education and has a rating of 5.4. The area also features Saint John Paul II Catholic Elementary School (3.2 km), which serves grades JK to 8 and boasts a rating of 6.8. Overall, this neighborhood offers a diverse range of schooling options to suit various educational preferences and needs.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 449 residents, with an average household size of 2.6 individuals. The community has a mature demographic, with an average age of 45.9 years. Economic indicators show a robust average household income of $149,000, with only 4.4% of the population classified as low-income. The real estate market reflects this affluence, with an average property price of $1,120,000. Socially, the area has a diverse composition, with 35.06% of residents being single and 36.67% living in households with children. Additionally, 13.04% of the population are immigrants, contributing to the community's cultural richness. The rental market is modest, with 17.65% of residents renting their homes, while there are no condominiums in the area. Education levels are high, with 61.73% of the population holding a college or university degree. However, a significant portion, 25.93%, is not in the labor force, indicating potential for economic growth. Overall, this area offers a blend of stability, affluence, and community diversity, making it an attractive location for potential homeowners.

FAQs About 120 Riverbank Drive, Cambridge

How many bathrooms does this property have?

This property features 3 bathroom(s) and 3 bedroom(s).

Does this 3 bedroom property have additional bedrooms or a den?

This Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 3 bed property in Cambridge is 1500 - 2000.

How many parking spaces are available with this property?

120 Riverbank Drive boasts 7 convenient parking spaces.

How many cars can be parked in the garage of 120 Riverbank Drive?

This property features a garage with space for 1.5 cars.

What type of garage does this property have?

This property includes an Attached garage with space for 1.5 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Finished, Full basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 120 Riverbank Drive, Cambridge

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Listing History

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