16 Peony Street, Markham, ON L6B 1K9
Markham, ON, L6B 1K9 · Cornell
About this property
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.
Features & Amenities
- Basement: Finished
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Electric
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Basement | Finished |
| Garage | Detached |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Electric |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $7,199 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Auto Garage Door Remote, Carpet Free
- Fireplace
- Yes
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished
- Approximate Age
- 16-30
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Electric
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 4.00
- Parking Features
- Lane
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 105.46
- Lot Width
- 35.57
Community & Neighborhood
- Property Features
- Hospital, Library, Park, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $7,199
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 8
- Kitchens Above Grade
- 2
- Kitchens Total
- 2
- Bedrooms Above Grade
- 6
Additional Details
- Occupant Type
- Partial
- Direction Faces
- East
- County Or Parish
- York
- Cross Street
- 16th Ave and Ninth Line
- Directions
- as per google maps
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
16 Peony Street, Markham, ON L6B 1K9, Markham, ON, L6B 1K9