193 Sherwood Place, Newmarket, ON

$2,799,900
MLS#:N13561274
7 beds
6 baths
3500-5000 sqft
8.0 parking
Residential Freehold
193 Sherwood Place, Newmarket, ON L3Y 8E5

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,799,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 7 Bedrooms and 6 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 31.86 x 106.33 ft lot
  • Features a separate entrance, apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, In-Law Suite, Sauna
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 193 Sherwood Place, an extraordinary residence nestled on one of Newmarket's most coveted streets. Just steps from the boutiques, restaurants, and charm of historic Main Street, this remarkable property offers a rare combination of walkable convenience and exceptional privacy, feeling worlds away from the bustle of everyday life. Meticulously maintained and thoughtfully curated throughout, the home showcases timeless design and superior craftsmanship. At its heart is a stunning custom Bloomsbury Fine Cabinetry kitchen, designed for both everyday living and elegant entertaining. The same level of quality continues throughout the home's beautifully appointed bathrooms and living spaces, where classic architectural details create a warm and sophisticated atmosphere. Set on a breathtaking property framed by rows of hydrangeas and mature trees, the outdoor setting rivals that of a luxury resort. Enjoy summer days beside the in-ground saltwater pool, or unwind in the spillover spa or private sauna, all surrounded by lush landscaping that provides beauty and privacy in equal measure. Adding exceptional versatility, the fully self-contained lower-level apartment features a separate entrance, full-sized kitchen, spacious living and dining areas, and two bedrooms, making it ideal for multigenerational living, extended family, guests, or income potential. A rare offering where timeless elegance, exceptional craftsmanship, and an unmatched location come together in one of Newmarket's most prestigious neighbourhoods.

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Property Summary

This detached home located at 193 Sherwood Place, Newmarket is currently for sale and has been available on SousaSells for 23 days. This property is listed at $2,799,900 with an estimated mortgage of $9,320* per month. It has 7 beds, 6 bathrooms, and is 3500-5000 square feet. 193 Sherwood Place, Newmarket is in the Central Newmarket neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 7 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 7 spacious bedroom layout offering versatile living space
  • 6 well-appointed bathrooms
  • 3500-5000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Central Newmarket, Newmarket.

Target Buyer Match

Key Features

Bedrooms
7
Bathrooms
6
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementSeparate Entrance, Apartment, Finished
Lot Size31.86 × 106.33 Feet
CountyYork
Annual Tax$10,771.12
Legal DescriptionPCL 14-1 SEC 65M2723; LT 14 PL 65M2723; S/T RIGHTS LT572084, ; NEWMARKET

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Cul de Sac/Dead End
  • Fenced Yard
  • Hospital
  • Park
  • Wooded/Treed

Interior Features

  • Central Vacuum
  • In-Law Suite
  • Sauna
  • In-Law Capability

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 193 Sherwood Place, Newmarket, ON

Q.What is the asking price for 193 Sherwood Place, Newmarket, ON ?

The current listing price for 193 Sherwood Place, Newmarket, ON in Central Newmarket, Newmarket is $2,799,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 7 bedrooms and 6 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 193 Sherwood Place, Newmarket, ON ?

193 Sherwood Place, Newmarket, ON is a Detached (2-Storey) featuring a Separate Entrance, Apartment, Finished basement.

Q.What key property features does 193 Sherwood Place, Newmarket, ON offer?

Key property features include: Cul de Sac/Dead End, Fenced Yard, Hospital, Park, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Central Vacuum, In-Law Suite, Sauna, In-Law Capability.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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193 Sherwood Place, Newmarket, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 193 Sherwood Place, Newmarket, ON L3Y 8E5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

Configure Loan Settings

Interest Rate4.00%
Down Payment$839,970 (30.0%)
* Minimum Canadian down payment required for this price is $559,980.
Amortization Period30 Years
Estimated Monthly Payment$9,320Based on a loan of $1,959,930 over 30 years.
Purchase Price$2,799,900
Loan Amount$1,959,930
Provincial Land Transfer Tax:$56,473
Total Estimated Closing Taxes:$56,473

About Purchasing a Home in Newmarket, ON

For a property listed at $2,799,900 in Newmarket, the legal minimum down payment is $559,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $56,473 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $56,473.

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Central Newmarket, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,152,701

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Central Newmarket, Newmarket

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Central Newmarket, Newmarket Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.