<-- style PDP --> 16 Peony Street, Markham - Detached for sale for $1,399,000
  • sold
  • leased

16 Peony Street

Markham, Ontario, L6B 1K9 - Cornell

$1,399,000$000000

  • Neighbourhood

    Cornell

  • Major Intersection

    16th Ave and Ninth Line

  • Listed Since: 62 day(s)

  • Last update: 31 day(s) ago

Overview

  • Property Type

    Detached, 2-Storey

  • Bedrooms

    6

  • Bathrooms

    4

  • Basement

    Finished

  • Kitchen

    2

  • Total Parking

    4 (2 Detached Garage)

  • Lot Size

    35.57x105.46 (Feet)

  • Taxes

    $7,487.30 (2026)

  • Type

    Freehold

Property Description

Property description for 16 Peony Street, Markham

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 CENTURY 21 ATRIA REALTY INC.

  • MLS #

    N13707046

  • Sq. Ft

    3000-3500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    16-30

  • Pool

    None

  • Drive

    Lane

  • Garage

    Detached, 2 spaces

  • Total Parking

    4

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Kitchen

    3.345 x 6.1 ft Main level

    Ceramic Floor, Open Concept

  • Family

    4.88 x 3.66 ft Main level

    hardwood floor, Open Concept

  • Dining

    3.66 x 4.88 ft Main level

    Open Concept

  • Living

    3.66 x 4.88 ft Main level

    hardwood floor, Open Concept, Gas Fireplace

  • Primary

    3.96 x 5.18 ft 2nd level

    Laminate, W/I Closet

  • 2nd Br

    3.35 x 3.35 ft 2nd level

    Laminate

  • 3rd Br

    3.35 x 3.35 ft 2nd level

    Laminate

  • 4th Br

    3.96 x 3.05 ft 2nd level

    Laminate

  • Living

    3.51 x 5.64 ft Upper level

    hardwood floor, Open Concept

  • Primary

    3.35 x 3.05 ft Upper level

    Hardwood Floor

  • 2nd Br

    3.6 x 2.9 ft Upper level

    Hardwood Floor

  • MLS #

    N13707046

  • Sq. Ft

    3000-3500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    16-30

  • Pool

    None

  • Drive

    Lane

  • Garage

    Detached, 2 spaces

  • Total Parking

    4

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Kitchen

    3.345 x 6.1 ft Main level

    Ceramic Floor, Open Concept

  • Family

    4.88 x 3.66 ft Main level

    hardwood floor, Open Concept

  • Dining

    3.66 x 4.88 ft Main level

    Open Concept

  • Living

    3.66 x 4.88 ft Main level

    hardwood floor, Open Concept, Gas Fireplace

  • Primary

    3.96 x 5.18 ft 2nd level

    Laminate, W/I Closet

  • 2nd Br

    3.35 x 3.35 ft 2nd level

    Laminate

  • 3rd Br

    3.35 x 3.35 ft 2nd level

    Laminate

  • 4th Br

    3.96 x 3.05 ft 2nd level

    Laminate

  • Living

    3.51 x 5.64 ft Upper level

    hardwood floor, Open Concept

  • Primary

    3.35 x 3.05 ft Upper level

    Hardwood Floor

  • 2nd Br

    3.6 x 2.9 ft Upper level

    Hardwood Floor

Thinking of Selling?

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 16 Peony Street, Markham

This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2026-08-24
$1,419,396
-4.01%

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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