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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

Listed by Emanuel Catana • SMART FROM HOME REALTY LIMITED

$1,500,000

Est. payment - /mo

4 Beds

2 Baths

1,435 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,435 sqft

Price per Sqft $1,045

MLS Listing ID 40844408

Style Bungalow

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 2,571

Year Built 1969

Annual Tax Amount $6,395

Property Sub-Type Detached

Source Cornerstone

Property Description

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!

Location

Province ON

County Waterloo

Area 15 - Preston

Zoning RR2

Direction King St E/Riverbank

Rooms

Other Rooms Shed(s)

Basement Walk-Out Access, Full, Finished

Main Level Bedrooms 3

Kitchen 1

Interior

Interior Features Air Exchanger, Ventilation System

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplaces Number 1

Fireplace Yes

Window Features Window Coverings

Appliance Water Heater, Water Softener, Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In Basement, Laundry Room

Exterior

Exterior Feature Backs on Greenbelt, Privacy, TV Tower/Antenna, Year Round Living

Parking Features Asphalt

Waterfront Description Direct Waterfront

Roof Type Asphalt Shing

Porch Deck

Lot Frontage 121.13

Lot Depth 380.0

Garage No

Building

Lot Description Urban, Rectangular, Airport, Greenbelt, Hospital, Landscaped, Library, Major Highway, Park, Place of Worship, Public Transit, Quiet Area, Regional Mall, Schools, Shopping Nearby, Trails

Faces King St E/Riverbank

Foundation Poured Concrete

Sewer Septic Tank

Water Well

Architectural Style Bungalow

Level or Stories 1

Structure Type Aluminum Siding

New Construction No

Others

Senior Community No

Tax ID 227130956

Ownership Freehold/None

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

176 Riverbank Drive Cambridge, ON N3H 4R6

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

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176 Riverbank Drive