193 Sherwood Place, Newmarket, ON
Central Newmarket, Newmarket · MLS® N13786946
About this home
In short
- Welcome to 193 Sherwood Place, an extraordinary custom-built home nestled on one of Newmarket's most coveted streets.
- Enjoy summer days beside the in-ground saltwater pool, or unwind in the spillover spa or private sauna, all surrounded by lush landscaping that provides beauty and...
- Adding exceptional versatility, the fully self-contained lower-level apartment features a separate entrance, full-sized kitchen, spacious living and dining areas, and...
Welcome to 193 Sherwood Place, an extraordinary custom-built home nestled on one of Newmarket's most coveted streets. Just steps from the boutiques, restaurants, and charm of historic Main Street, this remarkable property offers a rare combination of walkable convenience and exceptional privacy, feeling worlds away from the bustle of everyday life. Meticulously maintained and thoughtfully curated throughout, the home showcases timeless design and superior craftsmanship. At its heart is a stunning custom Bloomsbury Fine Cabinetry kitchen, designed for both everyday living and elegant entertaining. The same level of quality continues throughout the home's beautifully appointed bathrooms and living spaces, where classic architectural details create a warm and sophisticated atmosphere. Set on a breathtaking property framed by rows of hydrangeas and mature trees, the outdoor setting rivals that of a luxury resort. Enjoy summer days beside the in-ground saltwater pool, or unwind in the spillover spa or private sauna, all surrounded by lush landscaping that provides beauty and privacy in equal measure. Adding exceptional versatility, the fully self-contained lower-level apartment features a separate entrance, full-sized kitchen, spacious living and dining areas, and two bedrooms, making it ideal for multigenerational living, extended family, guests, or income potential. A rare offering where timeless elegance, exceptional craftsmanship, and an unmatched location come together in one of Newmarket's most prestigious neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13786946
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 6 (2 half)
- Size
- 3500-5000 sq ft
- Lot
- 31.86 × 106.33 ft
- Cross streets
- Lorne & Park
- Parking
- 2 garage · 8 parking (attached)
- Driveway
- Private Triple
- Basement
- Separate Entrance, Apartment, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground, Salt
- Property tax
- $10,771 / 2025
- Days on market
- 34
- Listing brokerage
- ROYAL LEPAGE RCR REALTY
Rooms
b/i dishwasher · tile floor · combined w/laundry
marble floor · double doors · curved stairs
window · hardwood floor · semi ensuite
hardwood floor · w/o to deck · double doors
access to garage · side door · closet
hardwood floor · crown moulding · french doors
pantry · b/i fridge · centre island
semi ensuite · bow window · hardwood floor
laminate · walk-in closet(s) · above grade window
6 pc ensuite · gas fireplace · walk-in closet(s)
above grade window · laminate
laminate · fireplace · above grade window
electric fireplace · crown moulding · picture window
double closet · hardwood floor · picture window
bow window · double closet · hardwood floor
brick fireplace · french doors · hardwood floor
hardwood floor · fireplace · vaulted ceiling(s)
2 pc bath · sauna
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $686/sqft; this home lists at $659/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Central Newmarket, Newmarket, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,239,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,385
- Property tax
- $898
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,282
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $56,473
- Estimated closing costs
- $56,473
Plus your down payment of $559,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $743,094
- Principal paid down
- $273,677
- Interest paid
- $469,417
- Balance remaining
- $1,966,243
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE RCR REALTY. MLS®/PropTx.