263 Riverbank Dr
Cambridge, N3H 4R6
FOR SALE
$1,638,999
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4 + 1
BEDROOMS3
BATHROOMS1
KITCHENS11 + 5
ROOMSX9511046
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Property Description
Welcome to 263 Riverbank Drive, Cambridge, where city elegance meets country comfort in this 2 storey home that was completely rebuilt in 2019. Nestled on a 2/3 acre tree-lined lot on a quiet, family-friendly street, this exquisite residence offers over 3,300 sq ft of luxurious living space. As you step inside, you'll immediately appreciate the open-concept floor plan, perfect for modern living and entertaining. The gourmet kitchen is a chefs' dream, featuring expansive granite counter space, a 10-foot eat-in center island, premium stainless steel appliances, and a lovely dining room complete with a built-in hutch, mini fridge, and extra storage. The main level boasts pristine plank hardwood floors, enhancing the elegance of each room. Upstairs, the second-floor great room is a true highlight with its vaulted ceiling, large windows that bathe the space in natural light, and relaxing scenic views, making it the ideal spot for movie and game nights. The primary bedroom is a luxurious retreat, featuring a walk-in closet and a lavish 5-piece ensuite with a separate large shower, soaker tub, and heated flooring. Additionally, the second floor offers a convenient laundry room with a window, shelves, sink, and storage, along with two more spacious bedrooms. Outside, the landscaped,park-like backyard is a lush oasis, large enough for soccer practice and perfect for family gatherings. The professionally designed and constructed pergola provides a charming spot for outdoor dining and relaxation. The property also includes a versatile outdoor workshop (approx. 19x34 feet) with a vaulted ceiling, independent electrical power, and rough-in for a heater, ideal for hobbies or additional storage. This home has been meticulously maintained by non-smoking owners with no pets, ensuring a pristine living environment. Located just minutes from major highways 8 and 401, top-rated schools, downtown shops and restaurants, and numerous parks and recreational facilities.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-03 | 2024-10-08 | 35 | $1,668,000 | - | Terminated |
2024-07-03 | 2024-09-03 | 62 | $1,699,000 | - | Suspended |
2024-05-27 | 2024-06-26 | 30 | $1,749,999 | - | Terminated |
2024-05-06 | 2024-05-27 | 21 | $1,799,000 | - | Terminated |
2024-04-17 | 2024-05-06 | 19 | $1,878,000 | - | Terminated |
2024-03-21 | 2024-04-17 | 27 | $1,899,000 | - | Terminated |
Extras
Add incl: Existing SS Appliances: Fridge, Miele 6 Burner gas Stove, B/I Microwave, B/I Dishwasher, Range Hood, Mini Fridge, Window Coverings, Central Vac & attachments, Light Fixtures, BBQ Gas Hookup, Pergola, Water Filtration System.
Property Features
Golf, Hospital, Library, Park, Place Of Worship, Rec Centre
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
100' x 314'
Acreage
.50-1.99
Fronting
West
Taxes
$10,904 (2023)
Basement
Finished
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.50' x 10.33' | Fireplace |
Family | Main | 17.16' x 14.76' | |
Kitchen | Main | 9.25' x 14.76' | |
Dining | Main | 13.16' x 19.91' | |
Bathroom | Main | 3.35' x 6.33' | 2 Pc Bath |
Br | Main | 9.09' x 9.91' | |
2nd Br | 2nd | 11.25' x 12.01' | |
Prim Bdrm | 2nd | 12.40' x 13.09' | |
Bathroom | 2nd | 9.91' x 13.16' | 4 Pc Ensuite |
3rd Br | 2nd | 9.84' x 12.40' | |
Bathroom | 2nd | 9.68' x 8.33' | 4 Pc Bath |
4th Br | Bsmt | 12.40' x 12.24' |
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Cambridge Market Statistics
Cambridge Price Trend
263 Riverbank Dr is a 4-bedroom 3-bathroom home listed for sale at $1,638,999, which is $733,999 (81.1%) higher than the average sold price of $905,000 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in Cambridge declined by $81,458 (8.3%) compared to the previous 30 day period (September 1 - September 30) and down $105,357 (10.4%) from the same time one year ago.Inventory Change
There were 38 4-bedroom homes listed in Cambridge over the last 30 days (October 1 - October 30), which is down 20.8% compared with the previous 30 day period (September 1 - September 30) and up 26.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Cambridge typically sold ($4,900) (0.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $19,170 increase compared to the previous 30 day period (September 1 - September 30) and ($21,778) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Cambridge over the last 30 days (October 1 - October 30) stood at 50.0%, down from 50.0% over the previous 30 days (September 1 - September 30) and up from 46.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Cambridge stood at 21 days when successfully sold over the last 30 days (October 1 - October 30), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Broker Ontario Ltd
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