16 Peony Street, Markham, ON L6B 1K9
$1,499,900
$1,499,900

16 Peony Street

Cornell, Markham, York $1,499,900

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6 Beds
5 Baths
3000-3500 sqft
Detached Garage
Parking for 2
East Facing
MLS®#:
N12811364
Property Type:
Detached
Property Style:
2-Storey
Area:
York
Community:
Cornell
Taxes:
$7,198.86 / 2026
Added:
February 23 2026
Lot Frontage:
35.57
Lot Depth:
105.46
Status:
Active
Outside:
Brick
Year Built:
16-30
Basement:
Finished
Brokerage:
CENTURY 21 ATRIA REALTY INC.
Lot :

105

35

Intersection:
16th Ave and Ninth Line
Rooms:
Bedrooms:
6
Bathrooms:
5
Fireplace:
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Kitchen 3.35 x 6.1m
Ceramic Floor , Open Concept
Main Level
Family Room 4.88 x 3.66m
Hardwood Floor , Open Concept
Main Level
Dining Room 3.66 x 4.88m
Hardwood Floor , Open Concept
Main Level
Living Room 3.66 x 4.88m
Hardwood Floor , Open Concept , Gas Fireplace
Main Level
Primary Bedroom 3.96 x 5.18m
Laminate , Walk-In Closet(s)
Second Level
Bedroom 2 3.35 x 3.35m
Laminate
Second Level
Bedroom 3 3.35 x 3.35m
Laminate
Second Level
Bedroom 4 3.96 x 3.05m
Laminate
Second Level
Living Room 3.51 x 5.64m
Hardwood Floor , Open Concept
Upper Level
Primary Bedroom 3.35 x 3.05m
Hardwood Floor
Upper Level
Bedroom 2 3.6 x 2.9m
Hardwood Floor
Upper Level

Listing Details

Welcome to a truly rare opportunity in the heart of Cornell, an original-owner home designed for multigenerational living, and one of the few with a coveted custom 2-bedroom coach house. The detached coach house is currently rented for $1,800/month with a AAA tenant in place, offering the flexibility for a buyer to assume the existing lease for immediate income & additional mortgage qualification or take vacant possession. Main house 2,579 square feet above ground level + 750 square foot coach house above garage. Over 4,000 square feet of livable space including basement. This beautifully maintained 4-bedroom, 3-bathroom home offers an exceptional layout with space, privacy, and flexibility for extended families. Featuring a bright and spacious open-concept layout, generously sized rooms, large windows filling the space with natural light, and a thoughtfully designed floor plan perfect for both everyday living and entertaining. A standout feature is the newly built and oversized 2-bedroom coach house (~750 square feet), ideal for aging parents, adult children, or as a separate rental suite. Homes with this level of versatility and garage space are rarely available. Perfectly located just minutes by bike from top-rated schools (Rouge Park PS 8.2, Bill Hogarth SS 8.4, St. Joseph Catholic PS 8.0) and close to Cornell Community Centre, Markham Stouffville Hospital, parks, shopping, GO/Viva transit, and more.

2 x Fridge, 2 x Stove, 2 x Dishwasher, 2 x Washer & Dryer, All Electronic Light Fixtures, Window Coverings. Main house new roof (2023). Separately metered Coach House from Main house.

Insights

  1. Multigenerational Living: This property features a unique custom 2-bedroom coach house, providing flexibility for extended families or potential rental income, making it a rare find in the market.
  2. Proximity to Top-Rated Schools: Located just minutes by bike from highly-rated schools, this home is ideal for families prioritizing education, enhancing its appeal and long-term value.
  3. Convenient Access to Amenities: The property is close to essential services including parks, shopping, public transit, and healthcare facilities, ensuring a comfortable and convenient lifestyle for residents.

Property Features

Hospital
Library
Park
Public Transit
School

Sale/Lease History of 16 Peony Street

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Neighborhood Overview

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Cornell home prices

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Insights for 16 Peony Street

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)