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For saleNew listingMLS® N14138522

194 Sherwood Place, Newmarket, ON L3Y 8E5

Central Newmarket · L3Y 8E5

$2,398,000

$685 / sq ft

3 days on market

Bedrooms
4
Bathrooms
4
Interior
3,500 sf
Parking
6
Lot
110.09 × 397.41 ft

What's special

  • Attached garage
  • Central air
  • Walk-out basement
  • 3 fireplaces
  • Built-in oven
  • Countertop range
  • Water softener
  • Water treatment

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About this property

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, cafes, 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.

Rooms

14 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain5.24 × 5.67 m17.2 × 18.6 ftFireplace · Overlooks Frontyard · Broadloom
OfficeMain4.46 × 3.73 m14.6 × 12.2 ftBow Window · French Doors · Hardwood Floor
Great RoomMain8.09 × 4.99 m26.5 × 16.4 ftW/O To Deck · Fireplace · Hardwood Floor
BreakfastMain3.61 × 6.29 m11.8 × 20.6 ftCombined w/Kitchen · Bow Window · Tile Floor
KitchenMain4.78 × 4.90 m15.7 × 16.1 ftStainless Steel Appl · Family Size Kitchen · Overlooks Backyard
LaundryMain1.60 × 2.72 m5.2 × 8.9 ftAccess To Garage · Laundry Sink · Tile Floor
Dining RoomMain5.29 × 5.67 m17.4 × 18.6 ftFormal Rm · Crown Moulding · Overlooks Frontyard
Primary BedroomSecond5.61 × 6.51 m18.4 × 21.4 ft6 Pc Ensuite · W/O To Balcony · Walk-In Closet(s)
SittingSecond5.28 × 4.15 m17.3 × 13.6 ftCombined w/Br · Sunken Room · Broadloom
Bedroom 2Second5.29 × 3.98 m17.4 × 13.1 ftLarge Closet · Large Window · Vaulted Ceiling(s)
Bedroom 3Second5.24 × 4.11 m17.2 × 13.5 ftVaulted Ceiling(s) · Walk-In Closet(s) · Semi Ensuite
Bedroom 4Second4.45 × 4.77 m14.6 × 15.6 ftSemi Ensuite · Bow Window · Broadloom
RecreationBasement22.67 × 13.47 m74.4 × 44.2 ftOpen Concept · W/O To Yard
Cold Room/CantinaBasement1.97 × 1.42 m6.5 × 4.7 ft—

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

Property details

Property

Property type
detached
Bedrooms
4
Bathrooms
4
Interior size
3,500 sq ft
Lot size
110.09 × 397.41 ft
Possession
Flex

Interior

Basement
Unfinished, Walk-Out
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
3
Exposure
South

Exterior & services

Construction
Brick, Stone
Garage
Attached
Parking spaces
6
Water
Water System
Sewer
Sewer

Costs

List price
$2,398,000
Property taxes
$12,982 / year (2025)
Price per sq ft
$685
Rental items
Hot water tank

Listing

MLS® number
N14138522
Status
For sale
Listed
November 2, 2026
Days on market
3
Last updated
November 2, 2026
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 90% of comparable detached listings in Central Newmarket are asking less.

$799KMedian $999K$1.65M
This home
$685 / sq ft
Comparable median
$833 / sq ft

Based on 31 comparable active detached listings in Central Newmarket. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $479,600
$479,600
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$10,607.16
Property tax (est.)
$1,081.83
Estimated monthly
$11,689

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$46,425
Total due on closing
$46,425

An estimate on the asking price of $2,398,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,398,000

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