Listed for:Listed Sep 8, 2026
$2,438,000

256 Banner Lane

King (King City), ON L7B 1H2

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 256 Banner Lane, King, King City

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 256 Banner Lane, King, King City

Summarized Description

  • Rare premium lot over half an acre.
  • Beautifully renovated with high-end finishes.
  • Stunning kitchen with marble counters.
  • Finished basement with recreation space.
  • Located near top schools and amenities.
  • Exceptional potential for custom builds.
  • Surrounded by multi-million dollar homes.
  • Move-in ready with renovation options.

Welcome to 256 Banner Lane in the heart of King City- Don't miss this exceptional opportunity to own a rare premium lot, just over half an acre, located in a transitioning estate neighbourhood and surrounded by multi-million dollar homes. Build your custom dream home or enjoy this cozy residence which has been beautifully renovated and boasts a stunning kitchen equipped with stainless steel built in appliances, a grand island with Calcutta marble counters, crown mouldings, 5" engineered hardwood, 8" trim, frameless glass shower with double vanity & quartz countertop and a finished basement with expansive recreation space, laundry & two dressing rooms. Ideally located near the King City GO Station, 30 mins to Pearson and GTA, Top Tier Private Schools Parks, and major highways. Walk to Restaurants and amenities. Move in, renovate, or build your dream estate. This is a rare offering with exceptional future potential.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,193
Land Transfer Tax Fee
$47,425

Basement Type
Finished, Walk-Up

Interior Features

Interior Extras
Carpet Free, In-Law Capability
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Patio, Landscaped, Privacy
Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick, Stone
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
123.58 ft
Lot Depth
253.77 ft

Inclusions

Inclusions
Built-in Stainless Steel Fridge/Freezer Combo, Built-in Microwave & Oven, Built-in Dishwasher, Gas Cooktop, Washer & Dryer, Garage Door Opener & 2 Remotes, Central Air Conditioner

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
6
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Sitting—
    Main level, W/O To Yard
  • Bedroom 2—
    Main level
  • Recreation—
    Basement level
  • Family Room—
    Main level, Moulded Ceiling, Picture Window
  • Primary Bedroom—
    Main level, 5 Pc Ensuite
  • Kitchen—
    Main level, Marble Counter, Stainless Steel Appl, Centre Island

Washrooms

  • 5-piece, Main
  • 3-piece, Basement

Municipality
King
Neighbourhood
King City
Main cross streets
Keele St./King Rd.
Directions
Highway 400 North, exit right onto King Rd., make a right on Banner Lane

MLS® number
N13751358
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-08
Updated on
2026-09-08
Days on market
38 days
Possession type
Flexible
Co-op commission
2.5% plus hst
Seller
Listed by
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Home Market Value

Current home valuation for 256 Banner Lane, King, King City, King, ON. Listed for $2,438,000

HOMEH Estimate

?

$1,823,985

Estimated Sales Range

?

$1,565,973 - $2,433,788

HOMEH Estimate for 256 Banner Lane, King, King City

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,823,985Low confidence
Based on 4 comparable properties
+ $614,015 (34%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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King, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$487,600

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
$
%
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%
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+CMHC insurance
$0$0$0$0
=Total mortgage
$1,950,400$1,828,500$1,706,600$1,584,700
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$9,523monthly$8,928monthly$8,332monthly$7,737monthly
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Land Transfer Tax

Provincial

$47,425

Total Land Transfer Tax

$47,425

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