For Sale

197 Sherwood Place, Newmarket, Ontario L3Y 8E5

$3,998,000

197 Sherwood Place, Newmarket, Ontario L3Y 8E5 is For Sale and has a listing price of 3,998,000. The property is located in the Newmarket neighbourhood . It's been on the website for 1 Day.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 7
    Bathrooms
  • Parking
  • MLS ID: N12738104
  • Office Name KELLER WILLIAMS REFERRED URBAN REALTY
Property Description

This exceptional custom-built luxury residence set on over an acre of private land is just minutes from downtown Newmarket.Finished in all-natural Quebec sandstone, this architectural home features a private triple driveway and rare four-car tandem garage with custom built-in storage. The grand foyer showcases marble and metal inlay flooring with soaring arched cathedral ceilings. Wide-plank white oak floors, bespoke millwork, and designer lighting flow throughout. The main level offers a heated mudroom with five custom coat closets and a private guest suite with walk-in closet and 4-piece ensuite. The chef’s kitchen is designed for entertaining, featuring dual islands, quartz countertops, custom cabinetry with frosted glass accents, pantry and servery, and premium Thermador appliances including a six-burner range, dual wall ovens, and integrated fridge and freezer. Walk out to a covered loggia with ceiling fans and outdoor TV for year-round enjoyment. Upstairs includes a full laundry room and four spacious bedrooms, each with a walk-in closet and private ensuite. The primary retreat offers a private deck, custom walk-in closet, and spa-inspired ensuite with heated floors, steam dual rain shower, and soaker tub. The walk-out lower level features radiant heated floors, floor-to-ceiling windows, sauna, glass-enclosed gym, second kitchen and dining area, and access to a covered patio. Smart home features include Sonos speakers, motion lighting, central vacuum, dual-zone HVAC, hot water on demand, and steam humidifier.

Property Details
  • Bedrooms: 5
  • MLS ID: N12738104
  • Bathrooms: 7
  • Price: $3,998,000
  • Lot Depth: 296.23
  • Transaction Types: For Sale
  • Ref ID: N12738104
  • View: Lake View, Mountain View, Valley View
  • Year Built: N/A
  • Approx Sqft: 5000 +
  • Dir / Cross St: Lorne Ave and Eagle St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
01/29/2026 N12738104 $3,998,000 For Sale - -
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
  • $1,190,321 Average List Price
    based on 1 year
  • 408 New Listings
    based on 30 days
  • 41 Median Days on Market
    based on 1 year
  • List vs. Selling Price 129.12 % Up
  • Sold (12mo) 756
  • Rented (12mo) 719

  • 1 Month Change -
  • 3 Month Change +110.1%
  • 6 Month Change +288.3%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Central Vac Y
  • Garage Type Attached
  • Parking Spaces: 5
  • Exterior Stone
  • Kitchen 2
  • Fireplace Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 6
  • Washrooms Type 4 # Pcs: 4
  • Washrooms Type 5 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Washrooms Type 5: 3
  • Taxes: $21,764
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flex
  • Listing Entry Date: 29/01/2026 13:53:29
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