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Home · Buy · King · 42 Banner Lane, King, ON L7B 1K2
42 Banner Lane, King, ON L7B 1K2
42 Banner Lane, King, ON L7B 1K2
42 Banner Lane, King, ON L7B 1K2
42 Banner Lane, King, ON L7B 1K2
42 Banner Lane, King, ON L7B 1K2+ 18 photos
For Sale · Detached

42 Banner Lane, King, ON L7B 1K2

King · King City
◷198 days on market
Backsplit 5Finished basementAttached · 2-car garage · 4 driveway · 6 total garageWest exposure
▶ Virtual Tour
5
Beds
3
Baths
6
Parking
2500-3000
Sq ft
—
Built
The honest picture
List price
$1,799,000
★ Renavu Estimate
$1,709,000
★★★★★★★★★★Lower confidence
Comparable sales vary too widely to call a direction
Asking $1,799,000 · recent comparable sales here vary too widely to quote a range · homes here sell at about 95% of ask (17 recent sales). Our estimate weighs both.
Benchmark $2,048,000
Typical low · $1,945,000Typical high · $2,150,000
List price Renavu Estimate Benchmark Typical range
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales (TRREB) and the area benchmark — not an appraisal. The benchmark is the typical price for detached homes in King City (TRREB HPI, August 2026), a market reference — not this home's exact value.

About this home

  • 5 bedrooms and 3 bathrooms in a backsplit layout
  • 2,500–3,000 sq ft with 6 parking spaces
  • Pie-shaped lot approximately 200 feet deep with 135-foot-wide rear yard
  • 2 kitchens, wet bar, and cold room
  • Fenced backyard with vegetable garden, fruit trees, perennial plantings, and garden shed
  • Located near public transit, community center, hiking trails, and schools

Key points summarised from the listing description.

Property details

Listed on
March 2, 2026
Days on market
198 days
Property tax
$8,272 (2025)
Lot
71.36 × 197.59 Feet
Style
Backsplit 5
Heating
Forced Air
Cooling
Central Air
MLS®
N12832422

Full details

Parking
GarageAttached
Driveway4
Garage spaces2
Total parking6
Parking featuresPrivate Double

Room dimensions

RoomLevelDimensionsFeatures
Living RoomMain4.37 × 4.6Hardwood Floor, Crown Moulding, Window
Dining RoomMain4.37 × 3.5Hardwood Floor, Crown Moulding, Window
KitchenMain2.62 × 3.57Ceramic Floor, Eat-in Kitchen, Window
BreakfastMain3.6 × 3.57Ceramic Floor
Primary BedroomUpper4.17 × 4.85Hardwood Floor, Walk-In Closet(s), 3 Pc Ensuite
Bedroom 2Upper3.86 × 3.14Hardwood Floor, Closet, Window
Bedroom 3Upper3.69 × 3.16Hardwood Floor, Closet, Window
Bedroom 4In Between3.68 × 3.09Hardwood Floor, Closet, Window
SittingIn Between3.62 × 3.88Parquet, Fireplace, Window
Family RoomIn Between6.57 × 3.89Parquet, W/O To Garden
Bedroom 5In Between3.6 × 3.8Ceramic Floor, Window
RecreationBasement6.7 × 4.56Ceramic Floor, Wet Bar, Window
KitchenBasement6.7 × 3.61—

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
March 2, 2026—$1,799,000For SaleN12832422
🔒

Earlier listings and sold prices for this address are protected under TRREB rules — a free account unlocks them.

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$32,455
Legal · title · inspection$2,800
Closing costs$35,255
Down payment$359,800
Total cash to close$395,055
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$1,799,000
MLS® N12832422 · Listed by RE/MAX REALTRON REALTY INC.
▶ Virtual Tour
Homes in King City are selling at 95% of asking.

That's from 17 recent sales nearby. Want to know what it means for yours?

Get my King City valuation
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006

Price and status changes on this home only. No newsletter, and no call unless you ask for one. Unsubscribe from any email. The Renavu Team, Royal LePage Ignite Realty, Brokerage.

One team. No spam. We reach out once — when you ask.

Listing courtesy of RE/MAX REALTRON REALTY INC.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated September 16, 2026.

$1,799,000

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) through PropTx and is deemed reliable but is not guaranteed accurate by PropTx. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. IDX information is for consumers' personal, non-commercial use.

Neighbourhood market

The King City market

How homes are selling here right now — sold data for August 2026.

Buyer's marketAll home types in King City · 28 sales over 3 months
Buyer'sBalancedSeller's

Homes in King City are taking around 50 days to sell, and going for about 96.7% of asking. There is usually room to negotiate.

Median sold · King City
$1,730,000
▼ 28.5% year over year
Homes sold · this month
7
77 days on market avg
Sold vs asking
97.7%
under asking — room to negotiate
Detached median · King
$2,130,000
See the full King market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

Similar homes for sale

Comparable homes on the market near King · King City — same kind of property, similar size and price.

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6 Nicort Road, King, ON L7B 1L4For sale: $2,498,000
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See everything for sale nearby

Comparables

Homes near 42 Banner Lane, King, ON L7B 1K2
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
🔒

3 sold homes nearby

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