42 Banner Lane
King (King City), ON L7B 1K2
- 5Bedrooms
- 3Bathrooms
- 2Garage
- 2500–3000Sq Ft
- $8,272Tax
- 71×198 ftLot Size
Estimated Value:$1,888,950See Free Estimate Report
Sale & Price History for 42 Banner Lane, King, King City
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 42 Banner Lane, King, King City
Summarized Description
- Expansive pie-shaped lot in prestigious King City
- Ideal for building a dream home
- Backsplit 5 layout with 4 bedrooms and 3 bathrooms
- Two kitchens and a wet bar for multi-generational living
- Beautifully fenced backyard with gardens and fruit trees
- Close to public transit and community amenities
- Surrounded by multi-million-dollar estates
- Prime opportunity for builders and renovators
Exceptional Opportunity in Kings Prestigious Neighborhood, Highly sought-after area of King City on an expansive pie-shaped lot, approximately 200 feet deep with a 135-foot-wide rear yard. Surrounded by multi-million-dollar estates, this expansive and private parcel offers the perfect canvas to build your dream home in a serene and established enclave. This large Backsplit 5 features 4 bedrooms and 3 bathrooms, offering a spacious layout perfect for a growing family. Just steps from public transit, the community center, scenic hiking trails, and top private and public schools, this home provides both convenience and tranquility. With 2 kitchens, a wet bar, and a huge cold room, this home is ideal for multi-generational living. The beautifully fenced backyard boasts a vegetable garden, fruit trees, and a variety of perennial flowers and shrubs, along with a garden shed for additional storage. This is a prime opportunity for builders looking to renovate or build on this oversized lot in a prestigious neighborhood. Don't miss out on this exceptional property!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,272
- Land Transfer Tax Fee
- $32,455
- Basement Type
- Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Other
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Backsplit 5
Construction
- Exterior Finish
- Brick
- Roof
- Shingles
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 71.36 ft
- Lot Depth
- 197.59 ft
- Lot Shape
- Pie
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 5
- Washrooms
- 3
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Living Room—Main level, Hardwood Floor, Crown Moulding, Window
- Dining Room—Main level, Hardwood Floor, Crown Moulding, Window
- Kitchen—Main level, Ceramic Floor, Eat-in Kitchen, Window
- Breakfast—Main level, Ceramic Floor
- Primary Bedroom—Upper level, Hardwood Floor, Walk-In Closet(s), 3 Pc Ensuite
- Bedroom 2—Upper level, Hardwood Floor, Closet, Window
- Bedroom 3—Upper level, Hardwood Floor, Closet, Window
- Bedroom 4—In Between level, Hardwood Floor, Closet, Window
- Sitting—In Between level, Parquet, Fireplace, Window
- Family Room—In Between level, Parquet, W/O To Garden
- Bedroom 5—In Between level, Ceramic Floor, Window
- Recreation—Basement level, Ceramic Floor, Wet Bar, Window
- Kitchen—Basement level
Washrooms
- 3-piece, Main
- 3-piece, Upper
- 5-piece, Upper
- Municipality
- King
- Neighbourhood
- King City
- Main cross streets
- King Rd/Banner Lane
- Directions
- KING RD/BANNER
- MLS® number
- N12832422
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-03-02
- Updated on
- 2026-09-21
- Days on market
- 230 days
- Possession type
- 60-89 days
- Co-op commission
- 2.5
- Seller
- Listed by
- RE/MAX REALTRON REALTY INC.
Home Market Value
Current home valuation for 42 Banner Lane, King, King City, King, ON. Listed for $1,799,000
HOMEH Estimate
$1,888,950
Estimated Sales Range
$1,613,803 - $2,072,135
HOMEH Estimate for 42 Banner Lane, King, King City
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$359,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,439,200 | $1,349,250 | $1,259,300 | $1,169,350 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,027monthly | $6,588monthly | $6,149monthly | $5,709monthly |
Land Transfer Tax
$32,455
$32,455
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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