138 Riverbank Dr is a land in Cambridge, listed for $799,900.
1Imagine waking up every morning to breathtaking views of the Grand River, surrounded by natural beauty, tranquility, and the prestige of an exceptional riverside address.
2Enjoy peaceful, country-inspired living just minutes from Kitchener, Cambridge, Highways 401 and 8, and all essential amenities.
3Picture your custom-designed home overlooking the river, with summer days spent kayaking, paddleboarding, fishing, or simply relaxing while taking in the spectacular scenery.
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Lots & Land in Cambridge
About 138 Riverbank Drive
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!
Cambridge land priced at $799,900 — book a tour to see if it fits your search.
Inside 138 Riverbank Dr
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
138 Riverbank Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14145534$799,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 138 Riverbank Dr Compares to the Cambridge Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,930
/mo
based on the purchase price of $799,900
$159,980 cash
$639,920 financed
$538,981 total interest
Principal54%$639,920
Interest46%$538,981
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio99.8%On average, homes sold below asking.
Active listings420Homes for sale here right now.
Median vs prior 90 days+2.2%Compared with May 8 – Aug 6, 2026: prices up.
Based on 439 sales from Aug 6 – Nov 4, 2026 (402 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 138 Riverbank Dr
How much is 138 Riverbank Dr listed for?
138 Riverbank Dr is listed at $799,900 (MLS® X14145534). Summitly updates the price as soon as the MLS® record changes.
Has the price of 138 Riverbank Dr changed?
No — 138 Riverbank Dr is still listed at its original asking price of $799,900.
How many bedrooms and bathrooms does 138 Riverbank Dr have?
The listing for 138 Riverbank Dr doesn't publish its bedroom and bathroom count. It is a lot in Cambridge.
How much would the monthly mortgage be on 138 Riverbank Dr?
About $3,930 a month — principal and interest on $799,900 with 20% down ($159,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 138 Riverbank Dr compare with other homes in Cambridge?
Its asking price of $799,900 is about 16% above the median sold price in Cambridge over the last 90 days, $691,000, across 439 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 138 Riverbank Dr been sold before?
Summitly has no earlier MLS® sale or lease of 138 Riverbank Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 138 Riverbank Dr?
138 Riverbank Dr is in Cambridge, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 138 Riverbank Dr been on the market?
1 day — 138 Riverbank Dr was listed on November 3, 2026.
What is the lot size of 138 Riverbank Dr?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on 138 Riverbank Dr?
About $12,473 in Ontario land transfer tax at the asking price of $799,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 138 Riverbank Dr or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 138 Riverbank Dr?
The listing for 138 Riverbank Dr doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Cambridge.