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.
4 bedrooms, 3 bathrooms, about 3,500 sq ft, works out to roughly $685 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 194 Sherwood Pl
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Unfinished, Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Unfinished · Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
194 Sherwood Pl Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14138522$2,398,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 194 Sherwood Pl Compares to the Newmarket Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$11,781
/mo
based on the purchase price of $2,398,000
$479,600 cash
$1,918,400 financed
$1,615,796 total interest
Principal54%$1,918,400
Interest46%$1,615,796
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Newmarket
Other 4–5 bed homes for sale in Newmarket around $2.4M.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio97.9%On average, homes sold below asking.
Active listings361Homes for sale here right now.
Median vs prior 90 days+1.1%Compared with May 6 – Aug 4, 2026: prices up.
Based on 393 sales from Aug 4 – Nov 2, 2026 (265 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 194 Sherwood Pl
How much is 194 Sherwood Pl listed for?
194 Sherwood Pl is listed at $2,398,000 (MLS® N14138522). Summitly updates the price as soon as the MLS® record changes.
Is $2,398,000 a good price for 194 Sherwood Pl?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Newmarket. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 194 Sherwood Pl changed?
No — 194 Sherwood Pl is still listed at its original asking price of $2,398,000.
How many bedrooms and bathrooms does 194 Sherwood Pl have?
194 Sherwood Pl has 4 bedrooms and 3 bathrooms, with about 3,500–5,000 square feet of living space. It is a detached home in Newmarket.
How much would the monthly mortgage be on 194 Sherwood Pl?
About $11,781 a month — principal and interest on $2,398,000 with 20% down ($479,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 194 Sherwood Pl compare with other homes in Newmarket?
Its asking price of $2,398,000 is about 152% above the median sold price in Newmarket over the last 90 days, $950,000, across 393 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 194 Sherwood Pl been sold before?
Summitly has no earlier MLS® sale or lease of 194 Sherwood Pl on record from the last two years. Older records aren't shown under TRREB rules.
Where is 194 Sherwood Pl?
194 Sherwood Pl is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 194 Sherwood Pl been on the market?
194 Sherwood Pl was listed today (November 2, 2026).
What is the price per square foot of 194 Sherwood Pl?
About $480 to $685 per square foot: the asking price of $2,398,000 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 194 Sherwood Pl have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 194 Sherwood Pl have a basement, and is it finished?
The listing describes the basement as: Unfinished, Walk-Out.
