PROPERTY DETAILS

16 Peony Street,

Markham, Ontario L6B 1K9

$1,399,000
6
4
4

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. (id:29237)

Property Details
MLS® Number N13707046
Property Type Single Family
Building Type House
Storeys 2
Community Name Cornell
Title Freehold
Land Size 35.6 x 105.5 FT
Parking type Detached Garage, Garage
Amenities Nearby Hospital, Park, Public Transit, Schools
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Location
Building
Basement Development Finished
Basement Type N/A (Finished)
Bathrooms (Total) 4
Bedrooms - Above Grade 6
Cooling Central air conditioning
Exterior Finish Brick
Heating Fuel Electric
Heating Type Forced air
Rooms
Primary Bedroom 3.96 m x 5.18 m
Bedroom 2 3.35 m x 3.35 m
Bedroom 3 3.35 m x 3.35 m
Bedroom 4 3.96 m x 3.05 m
Kitchen 3.345 m x 6.1 m
Family room 4.88 m x 3.66 m
Dining room 3.66 m x 4.88 m
Living room 3.66 m x 4.88 m
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August 31 2026 04:34:01

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