For saleMLS® N14138522

194 Sherwood Place, Newmarket, ON L3Y 8E5

Central Newmarket, Newmarket · Near Lorne Ave and Eagle St · View map

$2,398,000
4Beds
4Baths
3500–5000Sq ft
Detached homeType
Attached · 2 spacesGarage
6 totalParking
Unfinished, Walk-OutBasement
$12,982/yrTaxes
$2,398,000
FreeholdNo monthly condo fee
Attached garage6 parking spaces in total
Walk-out basementIts own way outside
Lot 110.1 x 397.4 ftThe land comes with the home
Trees/woods viewFrom the listing
Central airCool all summer

About this home

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.

The home

Type
Detached home
Style
2-Storey
Square footage
3500-5000 sq ft
Bedrooms
4
Bathrooms
4
Kitchens
1
Rooms
12
Basement
Unfinished, Walk-Out
Lot size
110.1 x 397.4 ft
Faces
South
View
Creek/Stream, Forest, Trees/Woods

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Carbon Monoxide Detectors, Monitored, Security System, Smoke Detector
Exterior
Brick, Stone

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes
Central vacuum
Yes

Garage & parking

Garage
Attached
Garage spaces
2
Driveway spaces
4
Total parking
6
Parking features
Private

Taxes & other

Property taxes
$12,982/yr
Tax year
2025
Occupancy
Owner
Possession
Flex
Cross street
Lorne Ave and Eagle St
Neighbourhood
Central Newmarket

More

Price per sq ft
~$564 (at 4,250 sq ft)
MLS® number
N14138522

The home and its surroundings

  • 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
  • Greenbelt/Conservation
  • Hospital
  • Park
  • Public Transit
  • School
  • Cul de Sac/Dead End
  • Backs On Green Belt
  • Deck
  • Privacy
Want to know something that isn’t listed?
Estimated monthly cost$10,755per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    194 Sherwood Place, Newmarket, ON L3Y 8E5

    Central Newmarket, Newmarket · Near Lorne Ave and Eagle St

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    Sold history

    Listing history for 194 Sherwood Place

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 194 Sherwood Place

    Answers come straight from this home’s MLS® listing.

    How much is 194 Sherwood Place listed for, and what would it cost each month?

    194 Sherwood Place is listed for $2,398,000. With 20% down ($479,600), the mortgage payment would be roughly $9,673 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $10,755 a month, all in. That figure is an illustration, not a quote.

    Is 194 Sherwood Place freehold or a condo, and is there a monthly fee?

    194 Sherwood Place is a detached home in Central Newmarket, Newmarket. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 194 Sherwood Place have?

    194 Sherwood Place has 4 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.

    Does 194 Sherwood Place have a garage and parking?

    Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 4 spaces. In total the listing counts 6 parking spaces.

    Does 194 Sherwood Place have a finished basement?

    The listing describes the basement as unfinished, walk-out. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 194 Sherwood Place?

    194 Sherwood Place is a detached home. A detached home stands on its own lot with no shared walls.

    How big is 194 Sherwood Place, and what is the lot size?

    The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 110.1 x 397.4 ft.

    How is 194 Sherwood Place heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 194 Sherwood Place?

    Property taxes are $12,982 a year (2025), or about $1,082 a month.

    Where is 194 Sherwood Place?

    194 Sherwood Place is in the Central Newmarket community of Newmarket. The nearest main intersection is Lorne Ave and Eagle St. The postal code is L3Y 8E5.

    Is 194 Sherwood Place still for sale?

    Yes. It is an active listing (MLS® N14138522). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 194 Sherwood Place asking?

    Similar properties for sale nearby right now include 193 Sherwood Place at $2,799,900 (5+2 bed), 299 Second Street at $2,599,000 (4 bed) and 193 Beechwood Crescent at $2,700,000 (4+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 194 Sherwood Place sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 194 Sherwood Place?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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