Home ›Listings ›King ›N12832422

42 Banner Lane King ON

📍 King, Ontario L7B 1K2

$1,799,000

Active
5BEDS
3BATHS
6PARKING
2KITCHENS
71.36×197.59LOT (FT)

📋 Listing Highlights

StatusActive
MLS®N12832422
ListedMar 2, 2026
Days on Market—
Property TypeResidential Freehold
StyleDetached
Cross StreetKing Rd/Banner Lane
Possession60-90
Virtual TourView Tour →

📝 Listing 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!

🏠 Property Details

Property TypeResidential Freehold
StyleDetached
Bedrooms5
Bathrooms3
Kitchens2

📐 Lot & Land

Lot Width71.36 ft
Lot Depth197.59 ft
Cross StreetKing Rd/Banner Lane

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementFinished
GarageAttached
Garage Spaces2
Parking6
ConstructionBrick
RoofShingles

💰 Financial

List Price$1,799,000
Annual Taxes$8,272 (2025)
Possession60-90

🧮 Mortgage Calculator

$359,800
Est. Monthly Payment
$8,838/mo
Principal: $1,439,200 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by RE/MAX REALTRON REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #N12832422 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.