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Active

16 Peony St

Markham, ON L6B 1K9

$1,499,900

16 Peony St, MarkhamListed at $1,499,900. 6 bedroom, 5 bathroom 2-Storey. MLS® N12811364.

6Beds
5Baths
3000-3500sqft
2-Storey
4Parking
$7,198.86 (2026)

Description

Welcome to a truly rare opportunity in the heart of Cornell, an original-owner home designed for multigenerational living, and one of the few with a coveted custom 2-bedroom coach house. The detached coach house is currently rented for $1,800/month with a AAA tenant in place, offering the flexibility for a buyer to assume the existing lease for immediate income & additional mortgage qualification or take vacant possession. Main house 2,579 square feet above ground level + 750 square foot coach house above garage. Over 4,000 square feet of livable space including basement. This beautifully maintained 4-bedroom, 3-bathroom home offers an exceptional layout with space, privacy, and flexibility for extended families. Featuring a bright and spacious open-concept layout, generously sized rooms, large windows filling the space with natural light, and a thoughtfully designed floor plan perfect for both everyday living and entertaining. A standout feature is the newly built and oversized 2-bedroom coach house (~750 square feet), ideal for aging parents, adult children, or as a separate rental suite. Homes with this level of versatility and garage space are rarely available. Perfectly located just minutes by bike from top-rated schools (Rouge Park PS 8.2, Bill Hogarth SS 8.4, St. Joseph Catholic PS 8.0) and close to Cornell Community Centre, Markham Stouffville Hospital, parks, shopping, GO/Viva transit, and more.

Price & Status History

Price history is locked

Property Details

Property TypeDetached
Style2-Storey
CommunityCornell
Approximate Age16-30
Rooms8
Kitchens2
Washrooms5
Square Feet3000-3500 sqft
Lot Dimensions35.57 × 105.46 ft
Fronting OnEast
Dir/Cross St16th Ave and Ninth Line
Garage TypeDetached
Garage Parking Spaces2
DriveLane
Parking Drive Spaces2
Total Parking Spaces4
ExteriorBrick
RoofAsphalt Shingle
FoundationConcrete
BasementFinished
Fireplace FeaturesYes
Heating TypeForced Air
Heating SourceElectric
A/CCentral Air
SewersSewer
Taxes (2026)$7,198.86
HSTIncluded In
Listed Date2/23/2026
Days on Market106 days
PossessionFlexible
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Home Value
Estimate

Listing Courtesy of: CENTURY 21 ATRIA REALTY INC.

MLS® #N12811364

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

Thinking about living in Markham?

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About Markham Real Estate

This Detached is located in the Cornell community in Markham. Markham is a tech and innovation hub in York Region, home to IBM Canada, AMD, and hundreds of startups along Highway 7. Unionville Main Street offers heritage charm, while newer communities in Cornell and Cathedraltown provide modern family living. The city consistently ranks among the safest in Canada with top-performing schools. Detached homes in Markham are in high demand among families seeking space, privacy, and long-term equity growth.

Tech corridor along Highway 7Historic Unionville Main StreetYork Region's top-ranked schoolsPacific Mall & Markville Shopping Centre
~50 min commute to downtown TorontoWalkability: Moderate — walkable near Unionville and downtown Markham
View full Markham neighbourhood guide →