Home with brick exterior material, street for 16 Peony St, Markham Ontario L6B 1K9
86 days on Market

16 Peony St, Markham, Ontario L6B 1K9

Detached
6
5
~3000-3500 sqft
$•••,•••
$1,499,900
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Detached
6
5
~3000-3500 sqft

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Highlights

Property Estimate

Days on market86 days

Estimated valueNot available

Price/Sqft$464/sqft

Monthly cost

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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.


Property Details

Style2-Storey
View-
Age of property16-30
SqFt~3000-3500 SqFt
Lot Size3,751 SqFt(105.46 x 35.57)
Parking Spaces4
MLS ®NumberN12811364
Community NameCornell
Data SourceTRREB
Listing byCENTURY 21 ATRIA REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished

Main Floor

Family

4.88 x 3.66

hardwood floor / Open Concept

Dining

3.66 x 4.88

hardwood floor / Open Concept

Living

3.66 x 4.88

hardwood floor / Open Concept / Gas Fireplace

Kitchen

3.35 x 6.1

Ceramic Floor / Open Concept


Features

Lot size: 3,751 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 2

Total parking spaces 4


Property History

Feb 23, 2026
ListedActive
$1,499,900
86 days on market
history photo preview49
Listing by trreb®
Property listed by CENTURY 21 ATRIA REALTY INC., Brokerage
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Market Data - Cornell

Geo Zone Map ThumbnailCornell

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2025

15 days

2024

13 days

2023

17 days

New Listings

Past 30 days

10 listings

Compared to

2025

20 listings

2024

13 listings

2023

7 listings

Units sold

Past 30 days

6 units

Compared to

2025

7 units

2024

7 units

2023

7 units

Median Sold Price

Past 30 days

$1,314,000

Compared to

2025

$1,285,000

2024

$1,518,000

2023

$1,650,000


Population and Demographics

Overview

Total population 16296
Average household income $144,851

Age (%)

0 to 19
27%
20 to 34
17%
35 to 49
25%
50 to 64
18%
65 and plus
13%

Household composition (%)

Single family
82%
Single person
14%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
51%
Yue (Cantonese)
20%
Mandarin
8%
Tamil
5%
Tagalog (Pilipino, Filipino)
2%
Urdu
2%
Others
2%
Spanish
1%
Gujarati
1%

House tenancy (%)

Owners
83%
Renters
17%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget