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Property Type: Detached HouseOwnership: Freehold
145 RIVERBANK Drive
Cambridge, ON N3H4R6
MLS® 40863471
$1,200,000
4 bed3.5 bath7 parking4,068 sqftBuilt 1946
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 84 feet
R2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,365
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 9'8'' x 17'2'' |
| Bedroom | Second level | 13'3'' x 11'3'' |
| Bedroom | Second level | 17'1'' x 10'4'' |
| 2pc Bathroom | Main level | — |
| 3pc Bathroom | Main level | — |
| Dining room | Main level | 14'3'' x 19'2'' |
| Foyer | Main level | 8'10'' x 7'0'' |
| Kitchen | Main level | 11'0'' x 13'8'' |
| Laundry room | Main level | 6'0'' x 6'4'' |
| Living room | Main level | 23'3'' x 15'1'' |
| Primary Bedroom | Main level | 17'6'' x 20'7'' |
| Other | Main level | 10'11'' x 6'8'' |
| Other |
Description
BUNGALOW SITTING ON 1 ACRE WITH INGROUND POOL. Welcome to 145 Riverbank Dr, located in Cambridge, ON. This well maintained, spacious 4-bedroom, 3-bathroom bungalow backs onto a serene greenbelt with no rear neighboUrs, offering peaceful views and direct access to nature. Nestled on a lush, oversized lot with mature greenery, this property features an inground pool, hot tub, and even a stream from the Grand River flowing through the backyard—perfect for outdoor relaxation or practicing your golf chipping game. The main-level primary suite is a true sanctuary, complete with its own jetted tub, a large walk-in closet, and a private ensuite bath. The bright and functional kitchen boasts ample cabinetry and counter space, with a picture-perfect window over the sink showcasing the tranquil backyard. Upstairs, you'll find three additional bedrooms and a full 4-piece bath—ideal for families or guests. The unfinished basement offers endless potential—create the rec room, gym, or home office of your dreams. With a 2-car garage, parking for 5 vehicles in the driveway, and a location close to golf, nature trails, shopping and local amenities, this one-of-a-kind property offers both lifestyle and opportunity. Don’t miss your chance to call this home! (id:63161)
Listing Information
- MLS®
- 40863471
- Data last synced
- October 28, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40863471
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$295/sqft
Building average
—
No other active listings in this building
56 - Maple Grove, Riverbank, Royal Oak average
$580/sqft
2 active listing(s)
Parking: 7 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (condo fees, tax, utilities, etc.)$900.08
Total monthly cost$7,093.68
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$95,000
Stress test qualifying rate8.19%
Payment you must qualify for$8,567.88
Cash Needed at Closing
Minimum down payment$95,000
Estimated Land Transfer Tax (LTT)$20,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$116,975
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
