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111 Riverbank Drive N, Cambridge, ON, N3H 4R6

MLS® # 40721918
Vacant Land For Sale In Allendale, Cambridge, Ontario
$850,000
111 Riverbank Drive N, Cambridge, ON
111 Riverbank Drive N, Cambridge, ON
111 Riverbank Drive N, Cambridge, ON
111 Riverbank Drive N, Cambridge, ON
111 Riverbank Drive N, Cambridge, ON
111 Riverbank Drive N, Cambridge, ON
111 Riverbank Drive N, Cambridge, ON, N3H 4R6
$850,000

Property Information:

Presenting an extraordinary opportunity to own a unique property on the coveted Riverbank Drive, available for the first time since 1963. THIS WOULD MAKE A GREAT BUILDING LOT ON .88 OF AN ACRE, NO HST AND LEVIES TO BUILD AS THERE IS AN EXISTNG HOME ON THE PROPERTY THAT WOULD NEED TO BE REMOVED AFTER BUILDING! see listing 40721911 to view inside of the home.....You could possibly live in This charming 3-bedroom bungalow, while your building your new home if the location allows for it. The expansive backyard is a true retreat, complete with a workshop and garden shed, perfect for DIY enthusiasts or gardening lovers. Framed by mature trees, this property offers a tranquil, country-like setting just minutes from Freeport Hospital, Highway 401, and major shopping hubs like Sportsworld. Access to Cambridge, Kitchener, and via the x-way to Waterloo, New Hamburg, & surrounding areas, enjoy the best of both worlds. 2 mins to walking trails and the Grand river where you can rent a canoe to explore the Grand river or just go fishing. Whether you’re looking to enjoy this cozy, cottage-inspired home now or planning to save up for your dream home on this outstanding lot, the possibilities are endless. Don’t miss this chance to own prime real estate on Riverbank Drive, where the charm of a serene retreat meets the conveniences of an exceptional location.

Property Features:

  • Acres Range:
  • Lot Depth: 424.1 Feet
  • Lot Features: Urban, Reverse Pie, Airport, Highway Access, Hospital, Public Transit
  • Lot Frontage: 201.50 Feet
  • Other Structures: Shed(s), Workshop
  • Road Frontage Type: Municipal Road
  • Utilities: None
  • Water Source: Well
  • Zoning: RR2
  • Sewer: Septic Tank

Courtesy of: RE/MAX REAL ESTATE CENTRE INC.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 111 Riverbank Drive N, Cambridge, ON, N3H 4R6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 111 Riverbank Drive N, experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.4℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 111 Riverbank Drive N, experiences 11 significant 2-day storms per year, with about 319.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 395.9mm of precipitation per year.

Precipitation Per Storm

Past
319.8mm
2050
395.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 111 Riverbank Drive N, Cambridge, ON, N3H 4R6

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$208,192.25

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.03 %

High school certificate or equivalent

20.8 %

Apprenticeship trade certificate/diploma

7.71 %

College/non-university certificate

21.89 %

University certificate (below bachelor)

3.69 %

University Degree

32.89 %

Commuter

Travel To Work

By Car

95.27 %

By Public Transit

0.3 %

By Walking

0.3 %

By Bicycle

0.3 %

By Other Methods

3.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.72 %

Houses

99.28 %

Own Vs. Rent