Re-listed 15 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

Property Estimate

Days on market15 days

Total days on market
37 days

Estimated valueNot available

Price/Sqft$525/sqft

Monthly cost

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+57

Properties sold*

$1.3M

Median sold price*

*Based on last 30 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

Bsmt Floor

Den

5.16 x 3.5

hardwood floor / Heated Floor / Built-In Speakers

Family

8.34 x 7.66

hardwood floor / Stone Fireplace / Walk-Out

Rec

12.36 x 13.79

Heated Floor / hardwood floor / Sauna

Exercise

5.16 x 6.92

hardwood floor / Glass Doors / Mirrored Walls


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
$•••,•••
15 days on market
history photo preview50
Listing by trreb®

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

19 days

Compared to

2024

19 days

2023

10 days

2022

15 days

New Listings

Past 30 days

156 listings

Compared to

2024

119 listings

2023

136 listings

2022

125 listings

Units sold

Past 30 days

50 units

Compared to

2024

57 units

2023

56 units

2022

60 units

Median Sold Price

Past 30 days

$1,151,000

Compared to

2024

$1,285,000

2023

$1,327,500

2022

$1,265,000


Population and Demographics

Overview

Total population 83920
Average household income $141,299

Age (%)

0 to 19
23%
20 to 34
18%
35 to 49
21%
50 to 64
23%
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