Property Type: Detached HouseOwnership: Freehold

145 RIVERBANK Drive

Cambridge, BC N3H4R6

$1,249,999

4 bed3.5 bath7 parking4,068 sqftBuilt 1946
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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
Fireplace
None
Appliances
Water softener, Central Vacuum, Gas stove(s), Dishwasher

Exterior & Lot

Exterior features
Vinyl siding
Pool
Inground pool
Lot features
Backs on greenbelt

Building

Water source
Drilled Well
Sewer
Septic System

Parking

Total spaces
7 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
OtherBasement24'1'' x 40'2''
OtherBasement28'5'' x 19'10''
OtherMain level10'11'' x 6'8''
Primary BedroomMain level17'6'' x 20'7''
Living roomMain level23'3'' x 15'1''
Laundry roomMain level6'0'' x 6'4''
KitchenMain level11'0'' x 13'8''
FoyerMain level8'10'' x 7'0''
Dining roomMain level14'3'' x 19'2''
3pc BathroomMain level
2pc BathroomMain level
BedroomSecond level17'1'' x 10'4''
BedroomSecond level13'3'' x 11'3''
BedroomSecond level9'8'' x 17'2''
4pc BathroomSecond level

Listing Information

MLS®
40850886
Listed
July 24, 2026
Time on market
On the market for 53 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX TWIN CITY REALTY INC. · Data source: CREA DDF.

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:63159)

Values & Trends

This listing

$307/sqft

Building average

No other active listings in this building

56 - Maple Grove, Riverbank, Royal Oak average

$583/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

15°C

Humidity 78%

Wind SSE 9 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

24°

Thursday night

11°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$999,999.00
Periodic payment — Principal & Interest (monthly)$6,451.65
Additional monthly expenses (strata, tax, utilities, etc.)$900.08
Total monthly cost$7,351.74
Interest paid over 5-yr term$286,602.59
Balance at end of term$899,502.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.09

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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. Verify all figures with a mortgage broker and lawyer before relying on them.

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