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194 Sherwood Place

Central Newmarket, Newmarket, ON
$2,198,000
4Bd
4Ba
4,250+sqft
6Parking
110.09 x 397.41 ftlot
$517/sqft
DetachedMLS# N13431506Listed 2026-06-114 DOM
Cooling
Central Air
Basement
Unfinished

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, 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. A home of this calibre-offering timeless design, privacy, and an exceptional location-is rarely available.

Cul-de-sacFireplace

Rooms

Main Floor
Living Room5.24 × 5.67 m
Office4.46 × 3.73 m
Great Room8.09 × 4.99 m
Breakfast3.61 × 6.29 m
Kitchen4.78 × 4.90 m
Laundry1.60 × 2.72 m
Dining Room5.29 × 5.67 m
Second Floor
Primary Bedroom5.61 × 6.51 m
Sitting5.28 × 4.15 m
Bedroom 25.29 × 3.98 m
Bedroom 35.24 × 4.11 m
Bedroom 44.45 × 4.77 m
Basement
Recreation22.67 × 13.47 m
Cold Room/Cantina1.97 × 1.42 m

Features

  • Built-In Oven
  • Countertop Range
  • Water Softener
  • Water Treatment
  • Backs On Green Belt
  • Deck
  • Unfinished
  • Walk-Out
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$12,982

Estimated Rental Income

Entire property$4,000 – $6,500/mo
Basement apartment$1,800 – $2,500/mo
Rental yield2.2% – 3.5%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Newmarket

Days on market4 days
Buyer's MarketSeller's Market

Based on active listings in Newmarket. Data updates daily.

Demographics — Newmarket

Population
87,942
Avg Household Income
$118,000
Age Distribution
0-19
22%
20-34
17%
35-49
20%
50-64
22%
65+
19%
Ownership
76% own · 24% rent
EnglishFrenchFarsiRussianMandarin

Our estimate for this home

Priced 32.3% below estimate
Estimated range
$3.00M$3.49M
Mid-point $3.25M · ~$764/sqft
How this listing compares
$3.00MList · $2.20M$3.49M
Medium confidence·Based on 16 central newmarket comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$2,198,000
194 Sherwood Place, Newmarket
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