Re-listed 2 days ago

197 Sherwood Pl, Newmarket, Ontario L3Y 8E5

Detached
5
7
~5000 + sqft
$•••,•••
$5,250,000
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Detached
5
7
~5000 + sqft

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Highlights

Estimated ValueNot available

Price/Sqft$525/sqft

Est. Mortgage$22,547/mo

Tax Amount (2024)$21,182/yr

Days On Market2 days

Total Days On Market25 days


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

Style2-Storey
ViewCreek/Stream, Trees/Woods
Age of property6-15
SqFt~5000 + SqFt
Lot Size-
Parking Spaces13
MLS ®NumberN12227051
Community NameNeighborhood of Newmarket
Data SourceTRREB
Listing byROYAL LEPAGE RCR REALTY

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Fireplace
Basement: Fin W/O

Main Floor

Foyer

4.55 x 2.44

Double Doors / Marble Floor / Cathedral Ceiling

Office

3.68 x 4.82

Built-In Speakers / Walk-Out / French Doors

Dining

3.7 x 5.85

Crown Moulding / Cathedral Ceiling / French Doors

Living

5.97 x 5.88

hardwood floor / Gas Fireplace / Window Flr to Ceil


Parking

Garage spaces 4

Garage type Attached

Other parking spaces 9

Total parking spaces 13


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
2 days on market
history photo preview50
Listing by trreb®
Property listed by ROYAL LEPAGE RCR REALTY, Brokerage

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Market Data - Neighborhood of Newmarket

Geo Zone Map ThumbnailNeighborhood of Newmarket

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2024

16 days

2023

11 days

2022

13 days

New Listings

Past 30 days

182 listings

Compared to

2024

142 listings

2023

120 listings

2022

144 listings

Units sold

Past 30 days

54 units

Compared to

2024

56 units

2023

79 units

2022

74 units

Median Sold Price

Past 30 days

$1,167,500

Compared to

2024

$1,220,000

2023

$1,360,800

2022

$1,275,000


Population and Demographics

Overview

Total population 83920
Average household income $141,299

Age (%)

0 to 19
23%
50 to 64
23%
35 to 49
21%
20 to 34
18%
65 and plus
16%

Household composition (%)

Single family
75%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Iranian Persian
5%
Mandarin
5%
Others
4%
Russian
3%
Yue (Cantonese)
3%
Spanish
1%
Italian
1%

House tenancy (%)

Owners
75%
Renters
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget