176 Riverbank Drive
Cambridge, Waterloo ON N3H 4R6
$1,500,000
This property offers the unique potential for severance into two separate lots, allowing for the opportunity to build a new home on this extraordinary, serene 1.06-acre lot or add a second dwelling, with the owner having already initiated the severance inquiries and process. The seller even has a dream house plan ready to go if you’re interested in making this vision a reality! Imagine living on a secluded, tree-lined estate right within the city. 176 Riverbank Drive offers a tranquil sanctuary featuring a 3+1 bedroom bungalow spanning around 2,600 sqft of living space with a fully finished walkout basement. The serene lot gently slopes down to the Grand River, creating a private haven of peace surrounded by lush, mature trees and meticulously landscaped grounds. Step inside to find rich parquet hardwood floors, expansive windows flooding the space with natural light, and a cozy fireplace. Sliding glass doors from the dining room open to a generous deck with stunning views of your private yard. The updated kitchen is a dream, featuring elegant maple cabinetry, granite countertops, a stylish backsplash, and stainless-steel appliances, while a delightful, sun drenched sunroom provides the perfect spot for morning coffee. The home features three spacious bedrooms, including a serene primary suite, and an updated family bathroom. The finished lower level offers a large fourth bedroom, a full bath, an office nook, an oversized laundry room, generous storage, and a garden walkout leading to your backyard retreat. ...
+ Read More| Status: | Active |
|---|---|
| Property Type: | Residential |
| Bedrooms Total: | 4 |
| Above Grade Sqft: | 1,435 |
| Tax Annual Amount: | $6,395 |
| County Or Parish: | Waterloo |
| Year Built: | 1969 |
| Appliances: | Water Heater, Water Softener, Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer |
| Lot Features: | Urban, Rectangular, Airport, Greenbelt, Hospital, Landscaped, Library, Major Highway, Park, Place of Worship, Public Transit, Quiet Area, Regional Mall, Schools, Shopping Nearby, Trails |
| State Or Province: | ON |
| Directions: | King St E/Riverbank |
| Foundation Details: | Poured Concrete |
| Basement: | Walk-Out Access, Full, Finished |
| Interior Features: | Air Exchanger, Ventilation System |
| Living Area Units: | Square Feet |
| Below Grade Finished Area Units: | Square Feet |
| MLS Area Major: | 15 - Preston |
| Other Structures: | Shed(s) |
| Patio And Porch Features: | Deck |
| Road Frontage Type: | Year Round Road |
| Zoning: | RR2 |
| Stories Total: | 1 |
| Year Built Source: | Owner |
| Frontage Length: | 121.13 |
| Main Level Bedrooms: | 3 |
| Parking Total: | 14 |
| Security Features: | Smoke Detector |
| Year Built Details: | Owner |
| Direction Faces: | South |
| Baths On Level Basement Count: | 1 |
| Baths Total Rooms: | 2 |
| Beds Below Grade: | 1 |
| Hst Applicable To Sale Price: | Included |
| Kitchens Above Grade: | 1 |
| Kitchens Total: | 1 |
| Laundry Total: | 1 |
| Lease To Own Equipment: | None |
| Lot Depth: | 380 |
| Number Of 4 Piece Bathrooms: | 1 |
| Number Of Rooms Below Grade: | 9 |
| Survey Type: | Available |
| Under Contract: | Hot Water Heater |
| Water Treatment: | Water Purification, Water Softener |
| Association Fee 2 Frequency: | Monthly |
| Property Condition: | 51-99 Years |
| MLS® Number: | 40844408 |
|---|---|
| List Price: | $1,500,000 |
| Property Sub Type: | Single Family Residence |
| Bathrooms Full: | 2 |
| Below Grade Finished Sqft: | 1,136 |
| Total Finished Sqft: | 2,571 |
| Architectural Style: | Bungalow |
| City: | Cambridge |
| Postal Code: | N3H 4R6 |
| Cooling: | Central Air |
| Heating: | Forced Air, Natural Gas |
| Parking Features: | Asphalt |
| Status: | Active |
| Water Source: | Well |
| Roof: | Asphalt Shing |
| Window Features: | Window Coverings |
| Laundry Features: | In Basement, Laundry Room |
| Construction Materials: | Aluminum Siding |
| Listing Contract Date: | 2026-07-01 |
| Fireplace: | Yes |
| Heating?: | Yes |
| Fireplaces Total: | 1 |
| Bathrooms Total Integer: | 2 |
| Basement: | true |
| Building Area Source: | Owner |
| Above Grade Finished Area Units: | Square Feet |
| Open Parking?: | Yes |
| Parcel Number: | 227130956 |
| Utility Sewer: | Septic Tank |
| Waterfront Features: | Direct Waterfront |
| Farm Land Area Units: | Square Feet |
| Frontage Type: | South |
| MLS Area Minor: | 56 - Maple Grove, Riverbank, Royal Oak |
| Main Level Bathrooms: | 1 |
| Room Kitchen Level: | Main |
| Above Grade Finished Area: | 1,435 |
| Acres Range: | 0.501.99 |
| Beds Above Grade: | 3 |
| Beds On Level Basement Count: | 1 |
| Current Price: | 1,500,000 |
| Driveway Parking: | Private Drive Double Wide |
| Holdover Days: | 60 |
| Laundry Basement Count: | 1 |
| Lot Irregularities: | 120.28 ft x 380.05 ft x 121.34 ft x 391.37 ft |
| Number Of 3 Piece Bathrooms: | 1 |
| Number Of Rooms Above Grade: | 8 |
| Property Attached: | Detached |
| Ratio Current Price By Above Gra: | 1,045.29617 |
| Inclusions: | Built-in Microwave, Dishwasher, Dryer, Refrigerator, Smoke Detector, Stove, Washer, Window Coverings |
| Lot Size Dimensions: | 121.13 x 380 |
| Open Parking Spaces: | 14 |
| Rooms Total: | 17 |
| Exterior Features: | Backs on Greenbelt, Privacy, TV Tower/Antenna, Year Round Living |
Listing Courtesy of: SMART FROM HOME REALTY LIMITED
Listing Agent:
Walkscore
Transition with Care
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Information Technology Systems Ontario data last updated on October 08, 2026 06:02 PM - ET.
Property Last Updated: October 08, 2026 06:02 PM - ET
