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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Markham
  • Cornell
  • 16 Peony Street
16-peony-street-markham-ontario-n12811364
16-peony-street-markham-ontario-n12811364
16-peony-street-markham-ontario-n12811364
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$49K (Feb 23)
  • For SaleAdded in Feb 2026
  • Detached

16 Peony Street

Markham, Cornell
  • 6 Bedrooms
  • 5 Bathrooms
  • 2 Garage
  • Share
Listed for:
3.17%
Estimated Price: $ 1,515,724
1.06%
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Room Details of 16 Peony Street, Markham

FloorBedroomsBathrooms
Basement*1
Ground*1
Second63
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Key Facts About 16 Peony Street, Markham

  • Tax$7,199 / 2026
  • Property TypeResidential
  • Building TypeDetached
  • Building Style2-Storey
  • Building Age16-30
  • Size3000 - 3500 feet²
  • Lot Size35.57 x 105.46 feet
  • Parking2 garage, 2 parking
  • BasementFinished
  • Listing #N12811364
  • Data SourcePROPTX
  • Days on Market108
  • Listed On23/02/2026
  • Updated On19/05/2026
  • Market Demand
    the canadian homethe canadian home

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 livab

Property Details of 16 Peony Street, Markham

Property

  • Property TypeDetached
  • Style2-Storey
  • Fronting OnE
  • CommunityCornell
  • MunicipalityMarkham

Inside

  • Bedrooms6
  • Bathrooms5
  • Bathroom Details1, 2pc Main
  • Bathroom Details1, 4pc Second
  • Bathroom Details1, 5pc Second
  • Bathroom Details1, 3pc Upper
  • Bathroom Details1, 3pc Basement
  • BasementFinished
  • Kitchen2
  • Rooms8
  • Family RoomsY
  • Central VacN
  • FireplaceY

Utilities

  • WaterMunicipal
  • CoolingCentral Air
  • Heating TypeForced Air
  • Heating FuelElectric

Building

  • Size3000 - 3500 feet²
  • Architecture Style2-Storey
  • Exterior FeatureBrick
  • Building Age16-30

Parking

  • Drive WayLane
  • Garage TypeDetached
  • Garage2
  • Parking Places2
  • Total Parking Places4

Land

  • SewerSewer
  • Frontage35.57
  • Depth105.46
  • Lot Size35.57 x 105.46 feet
  • Lot Size CodeFeet
  • Cross Street16th Ave and Ninth Line

Features

  • HospitalY
  • LibraryY
  • ParkY
  • Public TransitY
  • SchoolY

Our Estimate

See Real Estate Market Trends in Markham

Estimated Home Value

$ 1,515,724

Date of Estimation

07-Mar-2026

Estimated Rent

$ 4,523

Rental Yield

3.61%

School Score

8.8/10

Rental Score

4/5

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Rooms

Kitchen (3.35X6.1 metre)
Level: Main
Family Room (4.88X3.66 metre)
Level: Main
Dining Room (3.66X4.88 metre)
Level: Main
Primary Bedroom (3.96X5.18 metre)
Level: Second
Bedroom 2 (3.35X3.35 metre)
Level: Second
Bedroom 3 (3.35X3.35 metre)
Level: Second
Bedroom 4 (3.96X3.05 metre)
Level: Second
Primary Bedroom (3.35X3.05 metre)
Level: Upper
Bedroom 2 (3.6X2.9 metre)
Level: Upper
Living Room (3.66X4.88 metre)
Level: Main
Living Room (3.51X5.64 metre)
Level: Upper

Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

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About 16 Peony Street, Markham

Welcome to a truly exceptional opportunity with this stunning house for sale in Markham , located at 16 Peony Street, Markham. This remarkable detached house, situated in the desirable community of Cornell, boasts an impressive layout that is perfect for multigenerational living. With a generous 2,579 square feet of living space above ground, plus an additional 750 square feet in the custom-built coach house, this property offers a total of over 4,000 square feet of livable space, including a finished basement.

As you approach the house for sale in Markham, you will immediately appreciate the elegant brick exterior that enhances its curb appeal. The property features a well-maintained interior with six spacious bedrooms and four bathrooms, ensuring ample space for family members and guests alike. The main house offers a bright and airy open-concept layout, with large windows that fill the rooms with natural light, creating a warm and inviting atmosphere. The thoughtfully designed floor plan is ideal for both everyday living and entertaining, making it a perfect choice for families seeking comfort and functionality.

One of the standout features of this house for sale in Markham is the newly constructed oversized coach house, which includes two bedrooms and is approximately 750 square feet in size. This versatile space is perfect for accommodating aging parents, adult children, or could even serve as a separate rental suite, providing an excellent opportunity for additional income. Properties with such a unique combination of living space and garage facilities are a rarity in the market, making this house a truly valuable find.

The house, located at 16 Peony Street, Markham, is equipped with central air conditioning, ensuring a comfortable environment throughout the warmer months. The main living areas include a family room, which is perfect for relaxation and family gatherings. Additionally, the property features a fireplace, adding a touch of warmth and charm during the cooler seasons. While the house does not include a central vacuum system, it is unfurnished, allowing new owners the freedom to personalise the space to their taste.

The kitchen is another highlight of this house for sale in Markham, featuring two well-appointed kitchens that cater to the needs of a busy household. The layout is designed for efficiency and ease of use, making meal preparation a delightful experience. With a total of eight rooms, including the finished basement, this home offers a wealth of space for various activities and interests.

Situated on a generous lot measuring 36 by 105 feet, the property includes a detached garage with space for two vehicles, as well as a lane driveway that provides additional parking. Although there is no pool on the premises, the expansive outdoor area offers plenty of potential for landscaping or outdoor entertaining.

The location of this house for sale in Markham is particularly advantageous, as it is just minutes by bike from top-rated schools such as Rouge Park PS, Bill Hogarth SS, and St. Joseph Catholic PS. The property is also conveniently close to the Cornell Community Centre, Markham Stouffville Hospital, and various parks and shopping options. Public transport, including GO and Viva transit, is easily accessible, making commuting a breeze.

In summary, this house for sale in Markham at 16 Peony Street, Markham, presents a rare opportunity to acquire a beautifully maintained property that is perfectly suited for multigenerational living. With its spacious layout, versatile coach house, and prime location, this home is a must-see for anyone looking to settle in the vibrant community of Cornell. Don’t miss your chance to make this exceptional house your new home.

Cornell is a charming and well-planned community located within the city of Markham, Ontario. Characterised by its picturesque streets and modern residential developments, Cornell offers a harmonious blend of urban convenience and natural beauty. The area boasts an array of parks, walking trails, and green spaces, making it ideal for outdoor enthusiasts and families alike. With easy access to shopping centres, schools, and public transport, residents enjoy a vibrant lifestyle while being just a short drive from the bustling amenities of downtown Markham. Cornell’s commitment to sustainability and community engagement creates a welcoming atmosphere, making it an appealing choice for those seeking a balanced and fulfilling living experience.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to families with children of all ages. The closest option is Little Rouge Public School, just 0.4 km away, offering elementary education (JK to 8) with a respectable school rating of 6.8. For secondary education, residents can choose between Bill Hogarth Secondary School, located 0.6 km away with a rating of 8.4, and Markham District High School, 2.6 km away, which boasts a higher rating of 8.7. Additionally, there are Catholic education options, including St. Joseph Catholic Elementary School and St. Brother Andre Catholic High School, both within a 2.1 km radius, although these schools currently do not have ratings available. For families interested in French-language education, Fred Varley Public School and St. Edward Catholic Elementary School are also nearby, though they lack ratings. Overall, this area offers a diverse range of educational opportunities, ensuring that families can find suitable schooling options for their children within a short distance from home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant community with a population of 11,590 residents. The average household size is 3.1, indicating family-oriented living, with 59.14% of households comprising children. The average age of residents is 37.8 years, suggesting a relatively young population. Economically, the area boasts an average household income of $135,600, with only 7.1% of the population classified as low-income. The average property price stands at $966,000, reflecting the area's desirability. Socially, 38.07% of residents are single, while a significant portion, 49.8%, are immigrants, contributing to the area's cultural diversity. Renters make up 18.33% of the population, and condos represent 10.53% of housing options. Education levels are high, with 63.75% of residents holding a college or university degree. However, it is notable that 31.14% of the population is not in the labor force, which may reflect various factors, including education or retirement. Overall, this area presents a dynamic mix of families, young professionals, and a diverse population, making it an attractive location for potential homeowners and investors alike.

FAQs About 16 Peony Street, Markham

How many bathrooms does this property have?

This property features 5 bathroom(s) and 6 bedroom(s).

Does this 6 bedroom property have additional bedrooms or a den?

This Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 6 bed property in Markham is 3000 - 3500.

How many parking spaces are available with this property?

16 Peony Street boasts 2 convenient parking spaces.

How many cars can be parked in the garage of 16 Peony Street?

This property features a garage with space for 2 cars.

What type of garage does this property have?

This property includes an Detached garage with space for 2 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Finished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 2 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 16 Peony Street, Markham

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