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Listed 1 month ago

145 RIVERBANK Drive

, Cambridge

$1,249,999

Detached|Bungalow
4 | 3 | 7
About this home

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!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$8,365
Lot Size84.1 ft x 492 ft
mls© NumberX13604006
Listed ByRE/MAX TWIN CITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,398
Property tax
$697
Heat allowance
$150
Housing costs
$7,245 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $250,000
25-yr amortization

Income needed

$223,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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