1040 Riverbank Drive, Cambridge

Storage - 1040 Riverbank Drive, Cambridge, ON N3H4R6 Photo 1

41 Photos

Porch - 1040 Riverbank Drive, Cambridge, ON N3H4R6 Photo 2
Recreation room - 1040 Riverbank Drive, Cambridge, ON N3H4R6 Photo 3
Storage - 1040 Riverbank Drive, Cambridge, ON N3H4R6 Photo 4
Laundry room - 1040 Riverbank Drive, Cambridge, ON N3H4R6 Photo 5
4pc Bathroom - 1040 Riverbank Drive, Cambridge, ON N3H4R6 Photo 6
Bedroom - 1040 Riverbank Drive, Cambridge, ON N3H4R6 Photo 7
  • Bedrooms: 3
  • Bathrooms: 2
  • Living area: 2625 square feet
  • MLS®: 40604332
  • Type: Residential
  • Added: 8 days ago

Property Details

Nestled in the trees along the banks of the Grand River, this unassuming but unique bungalow on 3/4 acres offers a serene retreat that feels like a getaway to a cottage property, yet it is conveniently located just minutes from shopping, 401 highway access and Chicopee Ski Hill and Waterloo Int'l Airport. The double entry driveway offers parking for up to 7+ cars for owner, guests and in-laws. *Private staircase from the garage to the basement. As you enter the home, your eye goes straight to the view beyond from both the kitchen and from the 12' window in the living/dining room. This bungalow features 2+1 bedrooms, two full updated bathrooms, walkout basement, an exceptional amount of storage space and wonderful size patio of slate. Steps of armour-stone lead you to the lower lush lawn under the amazing canopy of trees. Don't miss the opportunity to experience this unique property firsthand. It is truly a treat to stand on the balcony off the kitchen to take in the view and imagine making your path to the river's edge. This location is unique. Country setting in the city. (id:1945)

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Property Information

  • View: View of water
  • Sewer: Septic System
  • Cooling: Central air conditioning
  • Heating: Stove, Forced air
  • List AOR: Guelph
  • Stories: 1
  • Basement: Finished, Full
  • Year Built: 1986
  • Appliances: Washer, Refrigerator, Water softener, Central Vacuum, Stove, Dryer, Hood Fan, Window Coverings, Garage door opener
  • Directions: From King St E take Riverbank Dr. Follow Riverbank for approx 2.7 klm. Property on left.
  • Living Area: 2625
  • Lot Features: Visual exposure, Conservation/green belt, Paved driveway, Country residential, Automatic Garage Door Opener
  • Photos Count: 41
  • Water Source: Well
  • Parking Total: 7
  • Bedrooms Total: 3
  • Structure Type: House
  • Water Body Name: Grand River
  • Common Interest: Freehold
  • Parking Features: Attached Garage
  • Subdivision Name: 56 - Maple Grove, Riverbank, Royal Oak
  • Tax Annual Amount: 6784.09
  • Exterior Features: Brick, Vinyl siding
  • Security Features: Security system
  • Community Features: Quiet Area
  • Zoning Description: RR2
  • Architectural Style: Bungalow
  • Waterfront Features: Waterfront
  • Above Grade Finished Area: 1504
  • Below Grade Finished Area: 1121
  • Map Coordinate Verified YN: true
  • Above Grade Finished Area Units: square feet
  • Below Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Other
  • Below Grade Finished Area Source: Other
Room Dimensions
Type Level Dimensions
Storage Lower level 8'4'' x 15'6''
Porch Lower level 7'8'' x 12'6''
Recreation room Lower level 17' x 24'
Storage Lower level 11' x 11'
Laundry room Lower level 6'8'' x 16'10''
4pc Bathroom Lower level
Bedroom Lower level 11'7'' x 11'11''
3pc Bathroom Main level
Bedroom Main level 10'9'' x 10'11''
Primary Bedroom Main level 12'3'' x 16'6''
Sunroom Main level 14'9'' x 12'3''
Kitchen Main level 17'1'' x 11'11''
Dining room Main level 12'8'' x 11'1''
Living room Main level 16'1'' x 12'1''
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Nearby Places

Name Type Address Distance
Chicopee Ski Club The Chicopee ski hill has a maximum vertical drop ... 1.8 km
Chicopee Ski & Summer Resort. Establishment 396 Sims Estate Pl 1.9 km
Region of Waterloo International Airport Airport 4881 Fountain St N #1 2.0 km
École secondaire Père-René-de-Galinée The school was founded in 1996 after the creation ... 2.3 km
Region of Waterloo International Airport CBSA officers at this airport can handle general a... 2.8 km
Solar Collector (sculpture) The sculpture consists of twelve aluminum shafts l... 2.9 km
Charcoal Steak House Restaurant 2980 King St E 2.9 km
Del Dente Restaurant 2980 King St E 2.9 km
Bangkok Cuisine Restaurant 1500 Weber St E 3.2 km
Emmanuel Bible College It is attended by more than 200 students from Sept... 3.3 km
Mandarin Restaurant Restaurant 4220 King St E 3.4 km
Emmanuel Bible College School 100 Fergus Ave 3.4 km
Similar Houses Stat in Cambridge
We have found 6 Houses that closely match the specifications of the property located at 1040 Riverbank Drive with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 990,000 and 1,789,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N3H4R6 postal code area of Cambridge Ontario Canada.
1040 Riverbank Drive mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1040 Riverbank Drive. The current price of the property is $1,349,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,079,920. This would result in a monthly mortgage payment of $6,312 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 40
Certificate of Qualification 10
College 75
University degree at bachelor level or above 50

Neighbourhood Marital Status Stat

Married 220
Widowed 15
Divorced 20
Separated 10
Never married 80
Living common law 50
Married or living common law 275
Not married and not living common law 125

Neighbourhood Construction Date

1961 to 1980 45
1981 to 1990 35
1991 to 2000 20
1960 or before 55
Comparison of 1040 Riverbank Drive, Cambridge, ON with Nearby Houses
Nearby Cities Listings Avg. price
Guelph Homes for Sale 498 $918.507
Puslinch Homes for Sale 74 $2.184.168
Kitchener Homes for Sale 985 $889.061
Waterloo Homes for Sale 585 $835.166
Centre Wellington Homes for Sale 55 $1.198.100
Fergus Homes for Sale 52 $911.248
Milton Homes for Sale 563 $1.528.988
Dundas Homes for Sale 55 $1.511.919
Popular Cities Listings Avg. price
Burlington Homes for Sale 1050 $1.421.156
Oakville Homes for Sale 1120 $1.934.609
Mississauga Homes for Sale 2015 $1.361.927
Brantford Homes for Sale 638 $924.171
Brampton Homes for Sale 1750 $1.169.451
London Homes for Sale 1632 $955.919
Caledon Homes for Sale 477 $2.743.478
Grimsby Homes for Sale 335 $1.115.571
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