194 Sherwood Place, Newmarket, ON

$2,648,000
MLS#:N13127978
4 beds
4 baths
3500-5000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,648,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 110.09 x 397.41 ft lot
  • Features a ["unfinished", "walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Built-In Oven, Countertop Range, Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

A rare offering in the heart of Downtown Newmarket, this elegant, estate-style residence delivers a unique blend of architectural character, privacy, and walkable convenience. Just moments from Newmarket Historic Main Street, the Postmark Hotel, and Riverwalk Commons, home to Ontario's top-ranked farmers' market, seasonal events, skating, and summer water features, this location places you at the centre of it all. Fine dining, cafés, theatre, parks, trails, and top-rated schools are all within walking distance. Privately set on a quiet, southwest-exposed cul-de-sac, this home sits on one of Newmarket's most desirable and discreet streets. From the moment you arrive, a grand double staircase sets the tone, opening to over 4,000 sq ft of refined living space. A gallery-style hallway leads to the stunning main hall, where 20-foot ceilings, a statement stone fireplace, and floor-to-ceiling windows overlook a serene, forested backdrop. The kitchen offers both function and charm, featuring a cozy coffee nook within a turret-style window, perfect for quiet mornings. The formal dining room, highlighted by elegant curved walls, is ideal for hosting, while the adjacent living room with a wood-burning fireplace provides a warm, intimate setting. Upstairs, spacious bedrooms overlook the dramatic open-to-below spaces. The primary suite is a true retreat, complete with a three-sided fireplace, sunken sitting area, and a Juliet balcony with peaceful treetop views. A home of this calibre-offering timeless design, privacy, and an exceptional location-is rarely available.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stone
Lot Size110.09 × 397.41 Feet
CountyYork
Annual Tax$12,982
Legal DescriptionPCL 6-1 SEC 65M2723; LT 6 PL 65M2723; S/T RIGHT LT572077; S/T LT571717 PARTIALLY RELEASED AND ABANDONED BY LT1043221; S/T LT571719 PARTIALLY RELEASED AND ABANDONED BY LT1043222 ; S/T LT571718 NEWMARKET

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Greenbelt/Conservation, Hospital, Library, Park, Public Transit, School

Community Features

Location

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194 Sherwood Place, Newmarket, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$741,777

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 194 Sherwood Place, Newmarket, ON L3Y 8E5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$2,118,400
Monthly Mortgage$12,309
Property Tax (Est.)$1,082
Utilities & Maint.$350
Total Monthly Cost$13,741

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Newmarket.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.