For Sale

197 Sherwood Place, Newmarket, Ontario L3Y 8E5

$4,990,000

197 Sherwood Place, Newmarket, Ontario L3Y 8E5 is For Sale and has a listing price of 4,990,000. The property is located in the Newmarket neighbourhood . It's been on the website for 86 Days.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 7
    Bathrooms
  • Tandem
    Parking
  • MLS ID: N12227051
  • Office Name ROYAL LEPAGE RCR REALTY
Property 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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: N12227051
  • Price: $4,990,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 90.87
  • Ref ID: N12227051
  • Approx Sqft: 5000 +
  • Dir / Cross St: Park and Lorne
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 6-15
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
06/17/2025 N12227051 $4,990,000 For Sale - -
05/27/2025 N12176926 $5,700,000 For Sale 06/16/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Newmarket
  • $1,224,824 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 62 Median Days on Market
    based on 1 year
  • List vs. Selling Price 99 % Up
  • Sold (12mo) 496
  • Rented (12mo) 426

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 76 Walk Score
    Very Walkable
  • 45 Transit Score
    Some Transit
  • 70 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Central Vac Y
  • Garage Type Attached
  • Parking Spaces: 9
  • Exterior Stone
  • Kitchen 2
  • Fireplace Y
  • Parking Tandem
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 6
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 5 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 3
  • Washrooms Type 5: 1
  • Taxes: $21,182
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 17/06/2025 18:21:52
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