Get $3,750 Cash Back
176 RIVERBANK Drive, Cambridge — listed at $1,500,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
This property offers the unique potential for severance into two separate lots, allowing for the opportunity to build a new home on this extraordinary, serene 1.06-acre lot or add a second dwelling, with the owner having already initiated the severance inquiries and process. The seller even has a dream house plan ready to go if you’re interested in making this vision a reality! Imagine living on a secluded, tree-lined estate right within the city. 176 Riverbank Drive offers a tranquil sanctuary featuring a 3+1 bedroom bungalow spanning around 2,600 sqft of living space with a fully finished walkout basement. The serene lot gently slopes down to the Grand River, creating a private haven of peace surrounded by lush, mature trees and meticulously landscaped grounds. Step inside to find rich parquet hardwood floors, expansive windows flooding the space with natural light, and a cozy fireplace. Sliding glass doors from the dining room open to a generous deck with stunning views of your private yard. The updated kitchen is a dream, featuring elegant maple cabinetry, granite countertops, a stylish backsplash, and stainless-steel appliances, while a delightful, sun drenched sunroom provides the perfect spot for morning coffee. The home features three spacious bedrooms, including a serene primary suite, and an updated family bathroom. The finished lower level offers a large fourth bedroom, a full bath, an office nook, an oversized laundry room, generous storage, and a garden walkout leading to your backyard retreat. For those with recreational vehicles, the expansive driveway offers ample parking and plenty of room to store a boat or trailer. Conveniently located near major highways, Chicopee Ski & Summer Resort, and Fairview Mall, this property perfectly balances peaceful living with city convenience. Notable updates include the roof (2014), water softener (2011), furnace and AC (2015), updated kitchen/bathrooms, and a Venmar HRV HEPA filter system (2010). Don't miss it! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Other | Basement | 12'7'' x 4'10'' |
| Bedroom | Basement | 12'10'' x 10'7'' |
| Utility room | Basement | 5'9'' x 10'9'' |
| Storage | Basement | 6'4'' x 4'11'' |
| Storage | Basement | 7'11'' x 3'7'' |
| Recreation room | Basement | 12'11'' x 11'4'' |
| Laundry room | Basement | 12'11'' x 11'4'' |
| Family room | Basement | 13'2'' x 11'3'' |
| 3pc Bathroom | Basement | 7'0'' x 5'0'' |
| Sunroom | Main level | 10'10'' x 18'5'' |
| Living room | Main level | 20'1'' x 11'2'' |
| Kitchen | Main level | 12'6'' x 8'1'' |
| Dining room | Main level | 13'2'' x 11'8'' |
| Bedroom | Main level | 11'1'' x 9'3'' |
| Primary Bedroom | Main level | 11'1'' x 13'7'' |
| Bedroom | Main level | 8'10'' x 10'1'' |
| 4pc Bathroom | Main level | 7'10'' x 9'3'' |
What's the parking situation?+
This property includes 14 spaces.
What makes this a luxury property?+
At $1,500,000, standout features include 2571 sq ft, 1 fireplace. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,395, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
This home was built in 1969 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Ask About This Property
Nearby Places
Searching nearby places…
Benchmark price · Updated 2026-09
Year over year
Past 10 years
Similar listings
For Sale113 days6
For Sale72 days20
For Sale68 days21
For Sale86 days34The listing data above is provided under copyright by the Canadian Real Estate Association. While the information is considered reliable, its accuracy is not guaranteed by the Canadian Real Estate Association or getsetsold.ca. Neither getsetsold.ca nor its affiliates make any representations or warranties, express or implied, regarding the accuracy or completeness of the information presented here.















