194 Sherwood Place, Newmarket, ON L3Y 8E5

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.

Property facts & features

Days on market

Not reported

Property type

Detached

MLS® number

N14138522

Source status

New

Bedrooms

4

Bathrooms

4

Neighbourhood

Not provided

Postal code

L3Y 8E5

Kitchens

1

Kitchens above grade

1

Family room / den

Yes

Interior size (reported range)

3500-5000 (units not reported)

Lot size

.50-1.99 acres (reported range)

Lot depth

397.41 ft

Garage parking spaces

Not reported

Total parking spaces

6

Occupancy

Owner

Possession type

Flexible

Garage

Attached

Annual property tax

12982

Basement

Unfinished, Walk-Out

Laundry

Not provided

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

Exterior features

Backs On Green Belt, Deck, Privacy

MLS entry age (not confirmed DOM)

0 days

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Utilities & included services

Reported utility services

Not reported

Water source

Water System

Sewer

Sewer

Heating system

Forced Air

Heating fuel

Gas

Cooling

Central Air

Included in rent

Not reported

Included in maintenance

Not reported

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Bedrooms above grade

4

Rooms above grade

12

Rooms below grade

2

Den / family room reported

Yes

Reported counts are shown independently. Room dimensions have not been inferred from these counts.

Ask the listing brokerage for floor plans and measured room layouts.

Listing dates & price record

Asking amount

$2,398,000

1. Nov 2, 2026

   Original MLS entry

   Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

Plan your monthly ownership costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

Region / county

YORK

Municipality

NEWMARKET

MLS® community

Central Newmarket

Commute estimates are not connected. Optional map overlays remain off.