$2,398,000
Newmarket
194 Sherwood Place, Newmarket (Central Newmarket), Ontario, L3Y8E5
This 4-bedroom, 4-bathroom home in Newmarket is for sale offering roughly 4,250 sq ft of space. It has been on the market 4 days, fresher than the Newmarket average of 70 days.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 4 days on market, against an average age of 70 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.
This 4-bed single family in Newmarket (Central Newmarket) has been listed for 4 days, which is 66 days fresher than the city average of 70. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,398,000, about 25.8× the local median household income of $93,000.
Carrying it typically needs a household income of about $468,413 (20% down, 25-yr amortization, stress-tested) — roughly 404% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3Y)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.