138 RIVERBANK DRIVE, Cambridge

$799,900

For sale: Vacant Land

Vacant Land at 138 RIVERBANK DRIVE, Cambridge
Property type
Vacant Land
MLS®
MLS® X13682342

Exclusive Grand River living with breathtaking waterfront views and an unmatched setting that feels like a private escape from the everyday. This rare offering presents an incredible opportunity to build your dream estate in one of the Region's most sought-after enclaves, where serene riverside living meets the convenience of city amenities just minutes away. Perfectly positioned between Kitchener and Cambridge, and just moments from Highway 401 and Highway 8, this exceptional property offers the ideal balance of peaceful country-style living with unbeatable commuter access. Enjoy spectacular views of the Grand River and imagine creating the custom home and lifestyle you've always envisioned in this truly picturesque setting. Whether it's kayaking, paddleboarding, fishing, or simply relaxing while taking in the calming sounds and scenery of the river, this property offers an extraordinary connection to nature and outdoor living. Nearby Chicopee Ski & Summer Resort, Fairview Park Mall, shopping, dining, and endless amenities add even more appeal to this prestigious location. Adding tremendous value, the seller has already completed extensive preliminary work including, but not limited to, a field survey, slope stability assessment, and plans for a proposed walk-out bungalow - offering buyers an incredible head start toward bringing their vision to life. Opportunities like this are exceptionally rare. Build your forever home in a setting that offers beauty, lifestyle, and prestige all in one unforgettable package. A truly remarkable slice of paradise on the Grand River.

Sold data

Homes in Cambridge — recent sold market

Homes in Cambridge took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 307 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.

The median sale price was $679,900.

Homes sold for about 1.8% below asking on average, so there was room to negotiate.

About 31% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$679,900
Sale-to-list ratio
98.2%
Sold above asking
31%

Based on 307 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Cambridge

Cambridge has 46 Fraser Institute–rated schools (38 elementary and 8 secondary), averaging 5.6/10.

Rated schools
46
Elementary
38
Secondary
8
Average rating
5.6 / 10

Top-rated schools in Cambridge

  • Islamic School of Cambridge — elementaryFraser rating 10.0/10
  • Ontario Muslim Academy — elementaryFraser rating 10.0/10
  • Mother Theresa — elementaryFraser rating 7.5/10
  • Père-René-de-Galinée — secondaryFraser rating 7.2/10
  • St Margaret — elementaryFraser rating 7.2/10
  • Parkway — elementaryFraser rating 6.8/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 138 RIVERBANK DRIVE