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For SaleVacant Land · OtherMLS® #X14145534 · TRREB MLS®

138 Riverbank Dr, Cambridge, Ontario

Cambridge, Ontario N3H 4R6

Lot Size
49.57 x 367.81 ft
Type
Vacant Land

$799,900

Estimated market value

About 138 Riverbank Dr

138 Riverbank Dr is vacant land in Cambridge, listed for sale at an asking price of $799,900 (MLS® X14145534).

LIVE ON ONE OF THE REGION'S MOST PRESTIGIOUS RIVERFRONT STREETS! Imagine waking up every morning to breathtaking views of the Grand River, surrounded by natural beauty, tranquility, and the prestige of an exceptional riverside address. This is a rare opportunity to create your dream estate in one of the Region's most sought-after enclaves. Enjoy peaceful, country-inspired living just minutes from Kitchener, Cambridge, Highways 401 and 8, and all essential amenities. Picture your custom-designed home overlooking the river, with summer days spent kayaking, paddleboarding, fishing, or simply relaxing while taking in the spectacular scenery. Nearby Chicopee Ski & Summer Resort, Fairview Park Mall, shopping, and dining add to the appeal of this exceptional location. Adding tremendous value, the seller has completed extensive preliminary work, including a field survey, slope stability assessment, and plans for a proposed walk-out bungalow - giving you an exciting head start on bringing your vision to life. Opportunities like this are exceptionally rare! Don't just dream about your forever home - build it on one of the Region's most prestigious streets. Secure your place along the Grand River and experience the beauty, lifestyle, and prestige of this truly remarkable property. Your dream home deserves an extraordinary address. Make it yours!

Insights

  • Condition Score

    Not stated

    No condition indicators were supplied

    Source: Listing record

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$3,342 / 2026
MLS® number
X14145534
Board
TRREB MLS®
Property Type
Vacant Land
Days on market
Lot Size
49.57 x 367.81 ft
Listed on
Listing brokerage: RE/MAX TWIN CITY REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 138 Riverbank Dr, Cambridge, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$799,900N/AFor SaleX14145534

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Vacant Land
Style
Other
Municipality
Cambridge

Land

Frontage
49.57 ft
Depth
367.81 ft
Lot Size
49.57 x 367.81 ft

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Map and tour

Lots for sale in Cambridge right now

For sale now
24
Median asking price
$1.54M

Middle half: $700K to $7.74M

New in 7 days
2

2 in 28 days

Price cuts
33%

8 listings

This home is asking 48% below the median.

See all homes in Cambridge

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$12,473
Total land transfer tax
$12,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$8,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $799,900
$7,998
Ontario total
$12,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 9 on fileRead 2026-11-06
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 m21 water-supply wells recorded within 250 mGroundwater recorded about 18.3 m below ground nearbyBedrock about 22.9 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 3.6 kmNearest rail line: 200 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by GrandBridge Energy Inc.Wired internet 50/10 Mbps or faster is listed at a household 100 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • 21 water-supply wells recorded within 250 m20 of them were drilled for domestic use; 3 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 28.7 m.250 m
  • Groundwater recorded about 18.3 m below ground nearbyThe middle water level in the well records within 500 m (62 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 22.9 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 3.6 km3.6 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 200 m200 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Regional Municipality of Waterloo — Kitchener Wastewater Treatment Plant, 2.7 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by GrandBridge Energy Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 100 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (100 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.100 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Howard Robertson Public SchoolWaterloo Region DSBPublic · grades JK–62.1 km67%Grade 6 average
Chicopee Hills Public SchoolWaterloo Region DSBPublic · grades JK–8 · French Immersion2.7 km74%Grade 6 average
Saint John Paul II Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–83.1 km88%Grade 6 average
ÉÉC Saint-Noël-Chabanel-CambridgeConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–65.7 km78%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
École secondaire David Saint-JacquesConseil scolaire ViamondeFrench-language public · grades 9–121.3 km70%Grade 9 math
ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–122.1 km70%Grade 9 math
Notre Dame Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–122.8 km—
Grand River Collegiate InstituteWaterloo Region DSBPublic · grades 9–124.7 km58%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
FairwayGRT light rail: ION light rail2.8 km
Block LineGRT light rail: ION light rail4.5 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.

Lot

Lot area
18,232 sq ft1,694 m²
Street frontage
49.57 ft15.1 m
Depth
367.81 ft112.1 m
49.57 × 367.81 ftRIVERBANK DR

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $159,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$159,980
Total mortgage amount
$639,920
Total interest payment
$455,080
Total purchase cost
$1,254,980
Mortgage payment
$3,650/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$3,929
−$3,929per month
  • Rent $0
  • Shortfall $3,929

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

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