16 Peony ST, Markham, ON L6B 1K9
16 Peony ST, Markham, ON L6B 1K9
16 Peony ST, Markham, ON L6B 1K9
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$1,399,000
Est. payment /mo
6 Beds
4 Baths
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Key Details

Property Type Single Family Home, freehold, residential

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Cornell

MLS Listing ID N13707046

Style 2-Storey

Bedrooms 6

Annual Tax Amount $7,198

Tax Year 2025

Property Sub-Type Detached

Property Description

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.

Location

Province ON

County York

Area York

Rooms

Family Room Yes

Basement Finished

Kitchen 2

Interior

Interior Features Auto Garage Door Remote, Carpet Free

Cooling Central Air

Fireplace Yes

Heat Source Electric

Exterior

Parking Features Lane

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 35.57

Lot Depth 105.46

Total Parking Spaces 4

Building

Building Age 16-30

Unit Features Hospital,Library,Park,Public Transit,School

Foundation Concrete

Others

ParcelsYN No


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Listed by CENTURY 21 ATRIA REALTY INC.

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Jenny Lam

Jenny Lam

+1(647) 931-9788

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