For Sale: 16 Peony Street, Markham, ON - REW
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$1,399,000
6 bd 4 ba 3000 - 3500 sf House

16 Peony StreetMarkham, ON, L6B 1K9

Cornell
  • 6 Bed
  • 4 Bath
  • 3000 - 3500 Sqft
  • House

About this home

Two residences on one property, each separately metered, plus a finished basement offering potential for a third living space. The basement already includes a full bathroom, and the existing layout provides a practical, more cost-effective opportunity to create a dedicated separate entrance and potentially add a kitchen for an enclosed lower-level suite. Discover one of Cornell's most versatile properties-an exceptional multigenerational home offering over 4,000 sq. ft. of total livable space, including the finished basement, plus a separate custom-built 2-bedroom coach house above the detached garage. The main residence offers approximately 2,579 sq. ft. above grade with 4 spacious bedrooms, 3 bathrooms, generous principal rooms, hardwood floors, abundant natural light, and a bright, functional layout designed for both family living and entertaining. The standout feature is the approximately 750 sq. ft. detached 2-bedroom coach house-a rare and highly desirable addition offering exceptional flexibility for extended family, aging parents, adult children, a private home office, or rental income. It is currently leased to an excellent tenant for $1,800/month ($21,600 annually), with flexibility for the purchaser to assume the tenancy or obtain vacant possession in accordance with the terms of the sale and applicable requirements. Ideally located in sought-after Cornell, close to schools, Cornell Community Centre, Markham Stouffville Hospital, York University Markham Campus, parks, shopping, and GO/VIVA transit.
Listed by: Vassil Staykov, Salesperson, CENTURY 21 ATRIA REALTY INC.

Home facts and features

Price details
List Price
Gross Taxes for 2025
$7,199
Home facts
Bedrooms
6
Full Bathrooms
4
Parking Spaces
4
Parking Details
Lane
Property Type
House
Lot Size
35 ft x 105 ft (3751 ft²)
Depth
105.46
Frontage
35.57
Year Built
16 - 30 yrs old
Exterior Finish
Brick
Heating Type
Forced Air, Electric
Cooling
Central Air
Basement Details
Finished
Features
Hospital, Library, Park, Public Transit, School
Community
Agent details
Primary Agent
Vassil Staykov
Primary Broker
CENTURY 21 ATRIA REALTY INC.
Listing details
Days on REW
12 Days
Property Views
82
MLS® Number
N13707046
Source
Toronto Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Little Rouge Public School
  • Public
  • JK - 8
Cornell Village Public School
  • Public
  • JK - 8
St Joseph Catholic Elementary School
  • Catholic
  • JK - 8
Black Walnut Public School
  • Public
  • JK - 8
Greensborough Public School
  • Public
  • JK - 8
Mindtech Montessori Schools
  • Private
  • PS - 8
St Kateri Tekakwitha Catholic Elementary School
  • Catholic
  • JK - 8
Reesor Park Public School
  • Public
  • JK - 8
St Julia Billiart Catholic Elementary School
  • Catholic
  • JK - 8
Sam Chapman Public School
  • Public
  • 1 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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