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.
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.
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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.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
Growing families needing multi-bedroom flexibility and space in Central Newmarket, Newmarket.
None listed
The current listing price for 194 Sherwood Place, Newmarket, ON in Central Newmarket, Newmarket is $2,568,000.
This property features 4 bedrooms and 4 bathrooms across approximately 3500-5000 sqft.
194 Sherwood Place, Newmarket, ON is a Detached (2-Storey) featuring a Unfinished, Walk-Out basement.
Key property features include: Greenbelt/Conservation, Hospital, Park, Public Transit, School, Cul de Sac/Dead End.
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.
Security features include: Carbon Monoxide Detectors, Monitored, Security System, Smoke Detector.
Yes, this property offers parking space for 6.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
Central Newmarket, Newmarket
24 assaults (109.1/100k)
13 B&E (59.1/100k)
18 thefts (81.8/100k)
Improving vs previous year
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.
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.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 194 Sherwood Place, Newmarket, ON L3Y 8E5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
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.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.
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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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