Residentiae.
For Sale · Cornerstone

7 COBOURG Street

Cornerstone · N5A2M3

$1,750,000

Bedrooms
Bathrooms
1Parking
2,227Sq Ft
4Storeys

About this residence

Overlooking Lake Victoria, Tower House has a rare location in downtown Stratford which enjoys the beauty of the famed park system, just steps from the theatres, shops, cafes and restaurants that the city is noted for. This extraordinary building was designed by acclaimed architects ShimSutcliffe and completed in 2001 and shows the influences of master architects Tadeo Ando, Carlo Scarpa and Alvar Aalto. The exterior is a precise composition rendered in concrete, cementitious panels, steel and fir windows frames. With a central atrium, meticulous fir and cedar detailing, two bedrooms, two and a half baths lined in French limestone, a stainless-steel professional kitchen and a wood burning fireplace, Tower House is truly a rare work of architecture and craftsmanship. From Cobourg Street, the striking wooden ramp takes you to the main level where the foyer soars thirty feet in a fir lined atrium to a skylit ceiling. A powder room is hidden behind a custom wooden door. The living room with its 12’ foot ceiling has exceptional views of the Lake Victoria and a custom wood burning fireplace. The lower level opens to grade and includes a stainless-steel kitchen with 16’ ceilings, views to the Japanese lily pond and a spacious dining room with direct access to the parking space and a bespoke sliding china cabinet. The second level has a bedroom complete with custom integral bed frame, nightstands and rolling table and a 3 piece ensuite lined with French limestone. The upper level has the main bedroom, reached by a meticulously detailed bridge, has views of the lake, integral custom bed frame and nightstands, ample custom cabinetry and a 4 piece bath lined with limestone and a stacked washer dryer. Its current use is a boutique inn - listed exclusively with Tablet Hotels and the Michelin Guide - while the special C3-11 zoning allows for a full range of commercial and residential uses (id:61366)

Property details

Property type
Other
Style
Residential Commercial Mix
Ownership
Freehold
Storeys
4
Living area
2,227 sq ft
Frontage
24 feet
Parking
1 spaces
Year built
2001
Annual tax
$3,204
MLS®
40827914
Board
Cornerstone
Status
Active
Listed
May 12, 2026
Updated
Jun 2, 2026

Features & finishes

Exterior

  • Brick
  • Concrete
  • See Remarks
  • Steel

Foundation

  • Poured Concrete

Sewer & Utilities

  • Municipal sewage system

Financing

Mortgage calculator

Estimated monthly payment

$8,184/mo

Amortization

Loan amount

$1,400,000

Down payment

$350,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Cornerstone

About the area

Census · N5A
32,898
Population
46
Median age
$77,000
Median income
$500,000
Median home value
65%
Home ownership
18 min
Avg. commute

Age distribution

0–14
14%
15–24
10%
25–44
24%
45–64
27%
65+
24%

Tenure

65% owners35% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 7 COBOURG Street?

7 COBOURG Street is listed for $1,750,000, in Cornerstone.

What type of home is 7 COBOURG Street?

7 COBOURG Street is a Other, Residential Commercial Mix set over 4 storeys, built in 2001.

How large is 7 COBOURG Street?

The home offers approximately 2,227 sq ft of living space.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $8,184. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $3,204 per year.

Is there parking?

Yes — 7 COBOURG Street includes 1 parking space.

What is the Cornerstone area like?

Cornerstone has a population of about 32,898, a median age of 46, a 65% home-ownership rate, with an average commute of about 18 minutes.

What is the average home value in Cornerstone?

The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.

What is the median household income in Cornerstone?

The median household income in this area is approximately $77,000.

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