197 Sherwood Place, Newmarket, ON

Unavailable - Members Only
MLS#:Members Only
5 beds
7 baths
5000 + sqft
13.0 parking
Residential Freehold
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Listing Status: Unavailable

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Added:May 26, 2025(464 days ago)
Updated:Jun 16, 2025(443 days ago)
Last Checked:5 minutes ago

Property Highlights

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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $5,700,000 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.

  • 5 Bedrooms and 7 Bathrooms with 2 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 11.9 x 90.89 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 13.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, Countertop Range
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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Welcome to 197 Sherwood Place, a one-of-a-kind luxury residence offering exceptional craftsmanship, privacy, and smart design on a professionally landscaped lot just minutes from downtown Newmarket. Clad in all-natural Quebec sandstone, this architectural gem features a private triple driveway and a four-car tandem garage with built-in storage solutions. Step inside to a grand front foyer with marble and metal inlay tile and an arched cathedral ceiling. Exquisite millwork, designer lighting, and wide-plank white oak floors elevate every corner of this home. The main level includes a spacious mudroom with heated floors and five custom coat closets, as well as a guest suite with its own walk-in closet and 4-piece ensuite. Designed for entertaining, the gourmet kitchen boasts double islands, quartz counters, custom cabinetry with frosted glass, a full pantry, servery, and premium Thermador appliances including a 6-burner range, dual wall ovens, integrated fridge/freezer, and dishwasher. A striking white oak floating staircase with skylight leads to the second floor, where youll find a full laundry room and three additional bedrooms - each with their own walk-in closet and private ensuite. The serene primary suite offers a private deck and a large walk-in with built-ins, a spa-like ensuite with steam dual rain shower, heated floors, a soaker tub, and a separate water closet. The lower level features a 4000 sq ft walk-out basement with radiant heated white oak flooring, floor-to-ceiling windows, a built-in sauna with sound and lighting, a full gym with glass walls, a second kitchen and dining area, and sliding doors to a covered patio. Smart home touches include a full Sonos speaker system, motion-activated baseboard lighting, central vacuum, dual-zone HVAC, hot water on demand, steam humidifier, and a commercial-grade water tank. This is luxury redefined - private, spacious, and meticulously curated for comfort, wellness, and entertaining.

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Property Summary

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This detached home located at 197 Sherwood Place, Newmarket is currently for sale and has been available on SousaSells for 464 days. This property is listed at $5,700,000 with an estimated mortgage of $18,973* per month. It has 5 beds, 7 bathrooms, and is 5000 + square feet. 197 Sherwood Place, Newmarket is in the Central Newmarket neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

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Bedrooms
5
Bathrooms
7
Kitchens
2
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

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StatusTerminated
AddedMay 26, 2025 (464 days ago)
UpdatedJun 16, 2025 (443 days ago)
Last Checked5 minutes ago
Transaction TypeFor Sale

Property Details

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Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone
BasementFinished with Walk-Out
Lot Size11.9 × 90.89 Feet
CountyYork
Annual Tax$21,182
Legal DescriptionPCL 13-1 SEC 65M2723; LT 13 PL 65M2723; S/T RIGHT LT573623 ; S/T LT571717,LT571718,LT571719,LT928689 NEWMARKET

Parking & Garage

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Parking Total13.0
Parking Space9
Garage TypeAttached

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

  • Cul de Sac/Dead End

Interior Features

  • Auto Garage Door Remote
  • Built-In Oven
  • Countertop Range
  • Central Vacuum
  • Carpet Free
  • Guest Accommodations
  • Sauna
  • Steam Room
  • Sump Pump
  • Water Treatment
  • Storage

Security Features

  • Alarm System
  • Smoke Detector
  • Carbon Monoxide Detectors
  • Security System

Community Features

None listed

Frequently Asked Questions about 197 Sherwood Place, Newmarket, ON

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Q.What is the asking price for 197 Sherwood Place, Newmarket, ON ?

The current listing price for 197 Sherwood Place, Newmarket, ON in Central Newmarket, Newmarket is $5,700,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 7 bathrooms across approximately 5000 + sqft.

Q.What property type and architectural style is 197 Sherwood Place, Newmarket, ON ?

197 Sherwood Place, Newmarket, ON is a Detached (2-Storey) featuring a Finished with Walk-Out basement.

Q.What key property features does 197 Sherwood Place, Newmarket, ON offer?

Key property features include: Cul de Sac/Dead End.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Built-In Oven, Countertop Range, Central Vacuum, Carpet Free, Guest Accommodations, Sauna, Steam Room, Sump Pump, Water Treatment, Storage.

Q.What security features are installed at 197 Sherwood Place, Newmarket, ON ?

Security features include: Alarm System, Smoke Detector, Carbon Monoxide Detectors, Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 13.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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197 Sherwood Place, Newmarket, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Central Newmarket, Newmarket

SAFETY RATING9.1 / 10
Low Incident Area
Total Annual Incidents68 incidents / yr
Average Per Month5.7 incidents / mo
Population Benchmark22,000 residents
Personal Safety
Very Low

24 assaults (109.1/100k)

Property Security
Low

13 B&E (59.1/100k)

Auto Theft Risk
Moderate

18 thefts (81.8/100k)

1-Year Trend
▼ 4.2%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Property History

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No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 197 Sherwood Place, Newmarket, ON L3Y 8E5

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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.

Market Trend
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Central Newmarket, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,152,701

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%

Best Schools in Central Newmarket, Newmarket

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

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
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Central Newmarket, Newmarket Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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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.

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