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$2.20M · 4 bed Detached · Central Newmarket, Newmarket | MyPropertyScout

$2,198,000

194 Sherwood Place

44OwnerOccupied

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$2,198,000

DOM14days

194 Sherwood Place

Newmarket · Ontario L3Y 8E5

MLS® N13431506 · Central Newmarket · L3Y 8E5

44OwnerOccupied3500-5000 ft²Detached2-car Attached14d$517/ft²Lot 110.1 x 397.4 ft.50-1.99 ac$12,982 tax/yr

14 days on market

About this home

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, cafés, theatre, parks, trails, and top-rated schools are all within w…

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Property details

MLS#: N13431506
Status: Buy Now
Beds: 4
Baths: 4 full, 0 half
Size: 3500-5000
Style: 2-Storey
Type: Detached
Year built: —

Roof: Asphalt Shingle
Foundation: Concrete
Property features: Greenbelt/Conservation, Hospital, Library, Park, Public Transit, School

View: Creek/Stream, Forest

Garage: 2-car Attached
Garage spaces: 2
Parking: 6 total
Lot: 110.09 × 397.41
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick, Stone · Backs On Green Belt, Deck
Fronting on: South
Cross street: Lorne Ave and Eagle St
Basement: Unfinished, Walk-Out
Stories: —
Utilities: —
Laundry: —
Interior: Built-In Oven, Countertop Range, Water Softener, Water Treatment
Parking features: Private

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: KELLER WILLIAMS REFERRED URBAN REALTY

Source: TRREB/PROPTX · MLS® N13431506

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$2.20M

194 Sherwood Place · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $2,198,000✓ $12,982 tax✓ Gas✓ 3500-5000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$15,815/mo

incl. closing costs (yr 1)

Annual total

$189,779

year 1

Mortgage only

$8,339/mo

principal + interest

Beyond mortgage

$3,566/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$439,600

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$1,082/mo

Utilities

Hydro / electricity$298/mo

≈ $0.07/ft² × ~4,250 ft² · ON avg ~$298/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$21,980/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$41,425

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)53% $100,062/yr

Property taxes29% $54,407/yr

Utilities3% $6,630/yr

Insurance & security1% $1,600/yr

Maintenance12% $21,980/yr

Closing costs3% $5,100/yr

Mortgage is 53% of your true cost of ownership. The other 47% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$100,062	$8,339/mo
Government & taxes
Property tax	$12,982	$1,082/mo
Land transfer tax(closing)	$41,425	$3,452/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$3,570	$298/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$21,980	$1,832/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$189,779	$15,815/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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194 Sherwood Place

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs