194 Sherwood Place, Newmarket, ON

$2,568,000
MLS#:N13495698
4 beds
4 baths
3500-5000 sqft
6.0 parking
Residential Freehold
Loading property media...
Added:Jun 26, 2026(64 days ago)
Updated:Aug 25, 2026(4 days ago)
Last Checked:11 minutes ago

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 $2,568,000 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

Description

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.The expansive basement presents outstanding potential for future customization, with rough-ins already in place for a bathroom and a fireplace, making it easy to create additional living or entertaining space tailored to your lifestyle.A home of this calibre, offering timeless design, thoughtful future potential, exceptional privacy, and an unbeatable location, is rarely available.

Upcoming Open Houses

Saturday, August 29, 20262:00 PM - 4:00 PMPublic
Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 194 Sherwood Place, Newmarket is currently for sale and has been available on SousaSells for 64 days. This property is listed at $2,568,000 with an estimated mortgage of $8,548* per month. It has 4 beds, 4 bathrooms, and is 3500-5000 square feet. 194 Sherwood Place, Newmarket is in the Central Newmarket neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •4 well-appointed bathrooms
  • •3500-5000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Central Newmarket, Newmarket.

Target Buyer Match

Key Features

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

Additional Details

StatusActive
AddedJun 26, 2026 (64 days ago)
UpdatedAug 25, 2026 (4 days ago)
Last Checked11 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementUnfinished, Walk-Out
Lot Size110.09 Ă— 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 Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Greenbelt/Conservation
  • Hospital
  • Park
  • Public Transit
  • School
  • Cul de Sac/Dead End

Interior Features

  • Built-In Oven
  • Countertop Range
  • Water Softener
  • Water Treatment
  • Central Vacuum
  • Garburator
  • In-Law Capability
  • Rough-In Bath
  • Separate Heating Controls
  • Sump Pump
  • Water Heater

Security Features

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

Community Features

None listed

Frequently Asked Questions about 194 Sherwood Place, Newmarket, ON

Q.What is the asking price for 194 Sherwood Place, Newmarket, ON ?

The current listing price for 194 Sherwood Place, Newmarket, ON in Central Newmarket, Newmarket is $2,568,000.

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

This property features 4 bedrooms and 4 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 194 Sherwood Place, Newmarket, ON ?

194 Sherwood Place, Newmarket, ON is a Detached (2-Storey) featuring a Unfinished, Walk-Out basement.

Q.What key property features does 194 Sherwood Place, Newmarket, ON offer?

Key property features include: Greenbelt/Conservation, Hospital, Park, Public Transit, School, Cul de Sac/Dead End.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Countertop Range, Water Softener, Water Treatment, Central Vacuum, Garburator, In-Law Capability, Rough-In Bath, Separate Heating Controls, Sump Pump, Water Heater.

Q.What security features are installed at 194 Sherwood Place, Newmarket, ON ?

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

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

Open Tour in New Tab

Location

Initializing map...
194 Sherwood Place, Newmarket, ON

Google Street View

Open in Google Maps
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
â–Ľ 4.2%

Improving vs previous year

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

Formula: (Annual Occurrences / Population) Ă— 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.

Loading local market trends...

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
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

Configure Loan Settings

Interest Rate4.00%
Down Payment$770,400 (30.0%)
* Minimum Canadian down payment required for this price is $513,600.
Amortization Period30 Years
Estimated Monthly Payment$8,548Based on a loan of $1,797,600 over 30 years.
Purchase Price$2,568,000
Loan Amount$1,797,600
Provincial Land Transfer Tax:$50,675
Total Estimated Closing Taxes:$50,675

About Purchasing a Home in Newmarket, ON

For a property listed at $2,568,000 in Newmarket, the legal minimum down payment is $513,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $50,675 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $50,675.

Similar Listings in Central Newmarket, Newmarket

Explore all Just Listed Homes in Newmarket →

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?

Generate a full market evaluation or explore city guides using the sidebar links.

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.

Similar Active Listings in Newmarket

Compare prices, square footage, and school zones for similar Residential Freehold nearby

All Newmarket Homes
Residential Freehold for sale - 6 Bed, 5 Bath Home at 1004 Portminster Court Newmarket ON listed at $1,968,000 (MLS# N13722986)
Open House
$1,968,000
6bd
5ba
1kt
Residential Freehold

1004 Portminster Court, Newmarket

đź“…Open House:Aug 30 2:00 PM
Aug 28, 2026
DOM: 2

Life is a Walk in the Park here in Prestigious Stonehaven Estates. Tucked away on a quiet Cul-de-Sac...

MLS#: N13722986
For Sale
Residential Freehold for sale - 4 Bed, 3 Bath Home at 756 Kingsmere Avenue Newmarket ON listed at $1,949,000 (MLS# N13708404)
Added 6 days ago
$1,949,000
4bd
3ba
1kt
Residential Freehold

756 Kingsmere Avenue, Newmarket

Aug 23, 2026
DOM: 7

Set in one of Newmarket's most established and desirable family neighborhood, with convenient access...

MLS#: N13708404
For Sale
Residential Freehold for sale - 5 Bed, 4 Bath Home at 653 Exceller Circle Newmarket ON listed at $2,099,000 (MLS# N13682486)
Added 12 days ago
$2,099,000
5bd
4ba
1kt
Residential Freehold

653 Exceller Circle, Newmarket

Aug 17, 2026
DOM: 13

Welcome to 653 Exceller Circle, an exceptional executive residence nestled on one of Stonehaven's mo...

MLS#: N13682486
For Sale
Residential Freehold for sale - 6 Bed, 5 Bath Home at 193 Beechwood Crescent Newmarket ON listed at $2,790,000 (MLS# N13682148)
Open House
$2,790,000
6bd
5ba
2kt
Residential Freehold

193 Beechwood Crescent, Newmarket

đź“…Open House:Aug 30 2:00 PM
Aug 17, 2026
DOM: 13

Welcome to this brand-new modern custom home in Newmarket, thoughtfully designed with high-end finis...

MLS#: N13682148
For Sale