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Listed 1 month ago

194 Sherwood Place

Central Newmarket, Newmarket

$2,568,000

Detached|2-Storey
4 | 4 | 6
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.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.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$12,982
Lot Size110.09 ft x 397.41 ft
mls© NumberN13495698
Listed ByKELLER WILLIAMS REFERRED URBAN REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,144
Property tax
$1,082
Heat allowance
$150
Housing costs
$14,376 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $513,600
25-yr amortization

Income needed

$442,000

gross annual household income

Payment at 4%
$10,807 / mo
Cash down
$513,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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