For SaleVacant Land

138 Riverbank Drive

$799,900
1d on market
MLS# X13682342Cambridge · N3H 4R6
Bedrooms
Parking
None
Lot Size
.50-1.99 acres

About This Listing

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.

Monthly Mortgage (P&I)$3,485
Property Tax (MLS)$279
Maintenance Fees$0
Total Monthly Cost$3,764

Down payment: $159,980 (20.0%) · Mortgage: $639,920

Property tax uses MLS annual tax of $3,342/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberX13682342
Property TypeVacant Land
StyleOther
Listing TypeFor Sale
StatusActive
Lot Size.50-1.99 acres
Property Tax$3,342/yr
Days on Market1
Listed2026-08-17
MunicipalityWaterloo
Cross StreetKing St E/Riverbank Dr

Listing provided by RE/MAX TWIN CITY REALTY INC.

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Data last updated: August 23, 2026 at 12:25 a.m.