For SaleDetached · 2-StoreyMLS® #N14138522 · TRREB MLS®
194 Sherwood Pl, Newmarket, Ontario
Central Newmarket, Newmarket, Ontario L3Y 8E5
- Bedrooms
- 4
- Lot Size
- 110.09 x 397.41 ft
- Bathrooms
- 4
- Type
- Detached
- Basement
- Unfinished
$2,398,000
Estimated market value
About 194 Sherwood Pl
194 Sherwood Pl is a 4-bedroom, 4-bathroom detached house in Central Newmarket, Newmarket, listed for sale at an asking price of $2,398,000 (MLS® N14138522).
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.
Insights
Condition Score
Good6 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$8,423/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 21 detached homes with 4 bedrooms for lease in Newmarket right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $12,982 / 2025
- MLS® number
- N14138522
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 110.09 x 397.41 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Listing history
Buy/sell history for 194 Sherwood Pl, Newmarket, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $2,398,000 | — | For Sale | N14138522 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Central Newmarket
- Municipality
- Newmarket
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 6pc 2nd, 2 × 4pc 2nd
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 110.09 ft
- Depth
- 397.41 ft
- Lot Size
- 110.09 x 397.41 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Electric light fixtures, (unless otherwise stated), window coverings. Fridge, gas cook top, 2 built in ovens, built in microwave, 2 dishwashers, clothes washer and dryer. Reverse Osmosis. Water softener. 2 Furnaces and 2 Air conditioners (< 4 yrs old). Smart thermostat (2) and external sensors (8). 1 Ring door bell camera. Security system (including 2 key pads, motion sensors) buyer will have to set up their own account. Mirrored closets in basement and primary bedroom. Silk curtains in great room.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 5.67 × 5.24 m | Fireplace, O/Looks Frontyard, Broadloom | Main |
| Office | 3.73 × 4.46 m | Bow Window, French Doors, hardwood floor | Main |
| Great Rm | 4.99 × 8.09 m | W/O To Deck, Fireplace, hardwood floor | Main |
| Breakfast | 6.29 × 3.61 m | Combined W/Kitchen, Bow Window, Tile Floor | Main |
| Kitchen | 4.9 × 4.78 m | Stainless Steel Appl, Family Size Kitchen, O/Looks Backyard | Main |
| Laundry | 2.72 × 1.6 m | Access To Garage, Laundry Sink, Tile Floor | Main |
| Dining | 5.67 × 5.29 m | Formal Rm, Crown Moulding, O/Looks Frontyard | Main |
| Primary | 6.51 × 5.61 m | 6 Pc Ensuite, W/O To Balcony, W/I Closet | 2nd |
| Sitting | 4.15 × 5.28 m | Combined W/Br, Sunken Room, Broadloom | 2nd |
| 2nd Br | 3.98 × 5.29 m | Large Closet, Large Window, Vaulted Ceiling | 2nd |
| 3rd Br | 4.11 × 5.24 m | Vaulted Ceiling, W/I Closet, Semi Ensuite | 2nd |
| 4th Br | 4.77 × 4.45 m | Semi Ensuite, Bow Window, Broadloom | 2nd |
| Rec | 13.47 × 22.67 m | Open Concept, W/O To Yard | Bsmt |
| Cold/Cant | 1.42 × 1.97 m | — | Bsmt |
Map and tour
Detached homes for sale in Central Newmarket right now
- For sale now
- 35
- Median asking price
- $999K
Middle half: $850K to $1.22M
This home is asking 140% above the median, higher than three quarters of them.
See all homes in Central NewmarketAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $46,425
- Total land transfer tax
- $46,425
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $42,425
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,398,000
- $9,950
- Ontario total
- $46,425
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 3 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 4 m.250 m
- Groundwater recorded about 2.8 m below ground nearbyThe middle water level in the well records within 500 m (50 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.At the address
- Nearest airport: 4.5 km4.5 km
Province of Ontario open data
Around the home2
- Nearest rail line: 980 m980 m
- A trail or path within 1 km1 km
Province of Ontario open data · Provincial and municipal trail maps
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is G.F. THOMPSON COMPANY LIMITED, 1.8 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Newmarket-Tay Power Distribution Ltd.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, RuralNet, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Lake Simcoe Region Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Stuart Scott Public SchoolYork Region DSB | Public · grades JK–8 | 350 m | 65%Grade 6 average |
| Rogers Public SchoolYork Region DSB | Public · grades JK–8 | 550 m | 91%Grade 6 average |
| St Paul Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 1.1 km | 87%Grade 6 average |
| ÉÉC Saint-JeanConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.9 km | 90%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Dr John M Denison Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.2 km | 47%Grade 9 math |
| Sacred Heart Catholic High SchoolYork CDSB | Catholic · grades 9–12 | 2.2 km | 62%Grade 9 math |
| Huron Heights Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.3 km | 46%Grade 9 math |
| Sir William Mulock Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.3 km | 59%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Davis Dr / Longford Dr | YRT bus rapid transit: Viva Yellow | 800 m |
| Davis Dr / Main St | YRT bus rapid transit: Viva Yellow | 1 km |
| Yonge St / Eagle St | YRT bus rapid transit: Viva Blue | 1.1 km |
| Yonge / Davis | YRT bus rapid transit: Viva Blue | 1.1 km |
| Newmarket GO | GO Transit train: Barrie | 1.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Lot
- Lot area
- 43,751 sq ft4,065 m²
- Street frontage
- 110.09 ft33.6 m
- Depth
- 397.41 ft121.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $479,600
- Total mortgage amount
- $1,918,400
- Total interest payment
- $1,363,900
- Total purchase cost
- $3,761,900
- Mortgage payment
- $10,941/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
82%Monthly carrying cost
$12,023- Rent $3,600
- Shortfall $8,423
Rental income opens at $3,600, the median asking rent of 21 comparable homes for lease in Newmarket. Type over it with the rent you expect. This is a planning tool, not advice.
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