AS OF May 20, 2025

$2,195,000Asking Price

42 Banner Lane, King, ON L7B 1K2

King City, King

Detached
5
Bedrooms
3
Baths
6
Parking
Days on Market

Highly sought-after area of King City on an expansive pie-shaped lot, approximately 200 feet deep with a 135-foot-wide rear yard. A rare find surrounded by MANY new $$$MULTI-MILLION dollar$$$ ESTATE HOMES.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!

Highly sought-after area of King City on an expansive pie-shaped lot, approximately 200 feet deep with a 135-foot-wide rear yard. A rare find surrounded by MANY new $$$MULTI-MILLION dollar$$$ ESTATE HOMES.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 Info

  • Backsplit Detached
  • 4-Car Driveway
  • 2-Car Attached Garage
  • King Rd/Banner Lane
  • 2500-3000 Approximate Sq Feet
  • Finished Basement
  • 2 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 71.36 x 197.59 Feet
  • Brick Exterior
  • Taxes were $8,025 in 2024
  • Possession: 60/ 90/ tba

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #N11993419
  • RE/MAX REALTRON REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 8.60' x 11.71' Ceramic Floor, Eat-in Kitchen, Window
2 Breakfast Main 11.81' x 11.71' Ceramic Floor
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom on Upper
Washroom1 5-Piece Bathroom on Upper

Who lives here?

King City, King is a north GTA neighbourhood notable for its university grads and education, law & public sector professionals. It has a higher than average population of immigrants, particularly those from Italy, and Italian speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, youth aged 15 to 19 and adults aged 25 to 49.

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BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

1.3

kids per family
in the neighbourhood.

King  (1.3)
Gta  (1.3)

Singles

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35% of residents are
single and loving it.

35% singles

King (36%)
Gta (45%)

Renters

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12% of residents
are renters.

12% renters

King (13%)
Gta (33%)

Education

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45% of residents are
university grads.

45% university grads

King (38%)
Gta (44%)

Income

Average Household Income

$203K

is the average household
income in the neighbourhood.

King  ($205K)
Gta  ($135K)

Professions

Professions

Management 13%
Business 13%
Sales 12%
Government 9%
Trades 6%

Immigrants

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29% of residents were
born outside of Canada.

29% immigrants

King (26%)
Gta (45%)

Birthplace - All

Italy was once home to 5.3% of immigrants.
Iran 1.8%
India 1.7%
China 1.3%
UK 1.2%

5.3% from Italy
All-time

Birthplace - Recent

India was once home to 0.5% of immigrants.
Iran 0.5%
Lebanon 0.5%
China 0.4%
Hong Kong 0.4%

0.5% from India
Recent

Foreign Languages

Foreign Languages

Italian 11%
Russian 4%
Mandarin 2%
Persian 2%
Spanish 1%

Religions

Religions

Christian 85%
Muslim 2%
Jewish 1%
Hindu 1%