197 Sherwood Place, Newmarket, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $5,700,000 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.
- 5 Bedrooms and 7 Bathrooms with 2 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 11.9 x 90.89 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 13.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Built-In Oven, Countertop Range
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 197 Sherwood Place, a one-of-a-kind luxury residence offering exceptional craftsmanship, privacy, and smart design on a professionally landscaped lot just minutes from downtown Newmarket. Clad in all-natural Quebec sandstone, this architectural gem features a private triple driveway and a four-car tandem garage with built-in storage solutions. Step inside to a grand front foyer with marble and metal inlay tile and an arched cathedral ceiling. Exquisite millwork, designer lighting, and wide-plank white oak floors elevate every corner of this home. The main level includes a spacious mudroom with heated floors and five custom coat closets, as well as a guest suite with its own walk-in closet and 4-piece ensuite. Designed for entertaining, the gourmet kitchen boasts double islands, quartz counters, custom cabinetry with frosted glass, a full pantry, servery, and premium Thermador appliances including a 6-burner range, dual wall ovens, integrated fridge/freezer, and dishwasher. A striking white oak floating staircase with skylight leads to the second floor, where youll find a full laundry room and three additional bedrooms - each with their own walk-in closet and private ensuite. The serene primary suite offers a private deck and a large walk-in with built-ins, a spa-like ensuite with steam dual rain shower, heated floors, a soaker tub, and a separate water closet. The lower level features a 4000 sq ft walk-out basement with radiant heated white oak flooring, floor-to-ceiling windows, a built-in sauna with sound and lighting, a full gym with glass walls, a second kitchen and dining area, and sliding doors to a covered patio. Smart home touches include a full Sonos speaker system, motion-activated baseboard lighting, central vacuum, dual-zone HVAC, hot water on demand, steam humidifier, and a commercial-grade water tank. This is luxury redefined - private, spacious, and meticulously curated for comfort, wellness, and entertaining.
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Key Features
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Additional Details
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Cul de Sac/Dead End
Interior Features
- Auto Garage Door Remote
- Built-In Oven
- Countertop Range
- Central Vacuum
- Carpet Free
- Guest Accommodations
- Sauna
- Steam Room
- Sump Pump
- Water Treatment
- Storage
Security Features
- Alarm System
- Smoke Detector
- Carbon Monoxide Detectors
- Security System
Community Features
None listed
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Frequently Asked Questions about 197 Sherwood Place, Newmarket, ON
Q.What is the asking price for 197 Sherwood Place, Newmarket, ON ?
The current listing price for 197 Sherwood Place, Newmarket, ON in Central Newmarket, Newmarket is $5,700,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 7 bathrooms across approximately 5000 + sqft.
Q.What property type and architectural style is 197 Sherwood Place, Newmarket, ON ?
197 Sherwood Place, Newmarket, ON is a Detached (2-Storey) featuring a Finished with Walk-Out basement.
Q.What key property features does 197 Sherwood Place, Newmarket, ON offer?
Key property features include: Cul de Sac/Dead End.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Built-In Oven, Countertop Range, Central Vacuum, Carpet Free, Guest Accommodations, Sauna, Steam Room, Sump Pump, Water Treatment, Storage.
Q.What security features are installed at 197 Sherwood Place, Newmarket, ON ?
Security features include: Alarm System, Smoke Detector, Carbon Monoxide Detectors, Security System.
Q.Is parking available at this property?
Yes, this property offers parking space for 13.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 197 Sherwood Place, Newmarket, ON L3Y 8E5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $5,700,000 in Newmarket, the legal minimum down payment is $1,140,000 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 $128,975 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 $128,975.
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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.