Listed for:Listed Sep 14, 2026
$1,200,000

145 Riverbank Drive

Cambridge (Preston Heights), ON N3H 4R6

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 145 Riverbank Drive, Cambridge, Preston Heights

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 145 Riverbank Drive, Cambridge, Preston Heights

Summarized Description

  • Spacious 4-bedroom, 3-bathroom bungalow
  • Sits on a lush 1-acre lot
  • Features an inground pool and hot tub
  • Backs onto serene greenbelt with no rear neighbours
  • Main-level suite with jetted tub and walk-in closet
  • Unfinished basement offers endless potential
  • Close to golf, nature trails, and shopping
  • 2-car garage with ample parking

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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,365
Land Transfer Tax Fee
$20,475

Rental Items

Under Contract
None

Basement Type
Full, Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
Central Vacuum, Water Softener
Fireplace/Stove
Yes
Fireplace Features
Pellet Stove, Natural Gas, Living Room, Other
Elevator
No

Exterior Features

Pool
Inground

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
84.10 ft
Lot Depth
492.00 ft

Inclusions

Inclusions
Central Vac, Dishwasher, Gas Stove, Hot Water Tank Owned, Water Softener (Owned), Double Oven

Exclusions

Exclusions
Fridge, 2nd Black Fridge, Microwave, Deep Freezer, Washer, Dryer

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
5
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Well
Sewers
Septic

Bedrooms
4
Washrooms
3
Kitchens
1

Washrooms

  • 4-piece, Second
  • 2-piece, Main
  • 3-piece, Main

Municipality
Cambridge
Neighbourhood
Preston Heights
Main cross streets
KING ST E / RIVERBANK DR
Directions
KING ST E -> RIVERBANK DR

MLS® number
X13786806
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-14
Updated on
2026-09-15
Days on market
31 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
RE/MAX TWIN CITY REALTY INC.

Home Market Value

Current home valuation for 145 Riverbank Drive, Cambridge, Preston Heights, Cambridge, ON. Listed for $1,200,000

HOMEH Estimate

?

$1,091,731

Estimated Sales Range

?

$862,467 - $1,320,995

HOMEH Estimate for 145 Riverbank Drive, Cambridge, Preston Heights

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,091,731Medium confidence
Based on 9 comparable properties
+ $108,269 (10%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Cambridge, ON
Minimum Down Payment Required:7.9%

5% on first $500K + 10% on $700,000 over $500K

Minimum down payment

$95,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$44,160$33,480$28,560$0
=Total mortgage
$1,148,160$1,113,480$1,048,560$960,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,606monthly$5,437monthly$5,120monthly$4,687monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$20,475

Total Land Transfer Tax

$20,475

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