Address
42 Banner Lane, King, ON
Price
$ 1,799,000
Property Attributes
  • MLS#N12832422
  • TypeSingle Family
  • Listing Status New
  • CityKing
  • AreaKing City
  • NeighbourhoodKing City
  • Postal CodeL7B 1K2
  • StyleBacksplit 5
  • Taxes$ 8272
  • Price$ 1,799,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2500
Data Source:
RE/MAX REALTRON REALTY INC., BROKERAGE)
Property Description

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!

Price History
3/2/2026 Listed $1,799,000

General Features

Sewer Sewer
Cooling Central Air
Roof Shingles
Water Municipal
Architectural Style Backsplit 5
Pool Features None
Construction Materials Brick
Heater Type Forced Air
Parking Spaces 4
Property Subtype Detached
Tax Year 2025
Lot Depth 197.59
County York
New Construction No
Property Type Residential Freehold
HOA No
Attached Garage No
Facing Direction West
Garage Y/N Yes
Status New
City King
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 8272.0
Virtual Tour https://www.winsold.com/tour/390741/branded/5589
Standard Status Active
Occupancy Type Owner
Legal Description PCL 7-1 SEC M1565; LT 7 PL M1565 ; S/T LT11006 KING

Interior Features

Interior Amenities Other
Basement Finished
Heat Source Gas
Laundry Level Lower Level
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 5
Elevator? No
Total Baths 3
Bedrooms 5
Living Area Range 2500-3000

Exterior Features

Parking Features Private Double
Total Parking 6.0
Garage Type Attached
Foundation Details Block
Spa No
Lot Size Source GeoWarehouse
Waterfront Y/N No
Covered Spaces 2.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in L7B 1K2

Price
AVG $1.8M
$1.8M
Taxes
AVG $8,272
$8,272
Visits
AVG 471
13
Data Provided by Inside Real Estate®