Listed by Century 21 Atria Realty Inc..

16 Peony Street is a Detached, 2-Storey and is currently for Sale @ $1,399,000. Taxes in 2025 were $7,198.86.

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Two residences on one property, each separately metered, plus a finished basement offering potential for a third living space. The 2-Storey on 16 Peony Street has 6 bedrooms, 4 bathrooms, and is located on a 105.46 x 35.57 ft lot in the community of Cornell . 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.

2 x Fridge, 2 x Stove, 2 x Dishwasher, 2 x Washer & Dryer, All Electronic Light Fixtures, All Window Coverings. Main house new roof (2023). Separately metered Coach House from Main house.

The address 16 Peony Street was listed for sale (MLS# N13707046) on Monday, August 24, 2026.