120 Riverbank Drive, Cambridge, ON

$1,099,000
MLS#:X12471489
3 beds
3 baths
1500-2000 sqft
9.0 parking
Residential Freehold
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Description

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

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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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 31, 2025
Sold price information is available to members only
Listed Date10/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size94.68 × 377.77 Feet
CountyWaterloo
Annual Tax$7,256
Legal DescriptionPT LT 14 CON BEASLEY'S BROKEN FRONT TWP OF WATERLOO PT 1, 67R511; CAMBRIDGE

Parking & Garage

Parking Spaces9.0
Garage Spaces7
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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120 Riverbank Drive, Cambridge, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Cambridge.

Verified Local Data
Population575,847
Median Age38 Yrs
Ownership65% Owners
Avg Area List Price$744,912

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Manchester
Public455 Dundas Street North, Galt, Cambridge, Ontario, N1R 5R5
4.7

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 120 Riverbank Drive, Cambridge, ON N3H 4R6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$879,200
Monthly Mortgage$5,108
Property Tax (Est.)$605
Utilities & Maint.$350
Total Monthly Cost$6,063

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cambridge.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.