16 PEONY STREET,Markham (Cornell),Ontario,L6B1K9
For sale
$1,399,000
16 PEONY STREET,Markham (Cornell),Ontario,L6B1K9
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:63658)
PROPERTY SUMMARY
| MLS® # | : | N13707046 |
| Listing price | : | $1,399,000 |
| Listed on | : | 06-09-2026 |
| Property subtype | : | For sale |
| Square footage | : | 3000 sqft |
| Year built | : | 0000 |
| Listing office | : | CENTURY 21 ATRIA REALTY INC. |
BEDROOM & BATHROOM
| Total bedrooms | : | 6 Bedrooms |
| Total bathrooms | : | 4 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : |
Community location
Neighbourhood Highlights
-
Hospital
Park
Public Transit
Schools