What they're asking vs what we value it at — with the area benchmark for context.
Benchmark $1,495,000
Typical low · $1,420,000Typical high · $1,569,000
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 1-storey detached homes in King City (TRREB HPI, June 2026), a market reference — not this home's exact value.
About this home
Welcome to 256 Banner Lane in the heart of King City- Don't miss this exceptional opportunity to own a rare premium lot, just over half an acre, located in a transitioning estate neighbourhood and surrounded by multi-million dollar homes. Build your custom dream home or enjoy this cozy residence which has been beautifully renovated and boasts a stunning kitchen equipped with stainless steel built in appliances, a grand island with Calcutta marble counters, crown mouldings, 5" engineered hardwood, 8" trim, frameless glass shower with double vanity & quartz countertop and a finished basement with expansive recreation space, laundry & two dressing rooms. Ideally located near the King City GO Station, 30 mins to Pearson and GTA, Top Tier Private Schools Parks, and major highways. Walk to Restaurants and amenities. Move in, renovate, or build your dream estate. This is a rare offering with exceptional future potential.
Property details
Listed on
July 30, 2026
Days on market
0 days
Property tax
$8,192.71 (2026)
Lot
123.58 × 253.77 Feet
Style
Bungalow
Heating
Forced Air
Cooling
Central Air
MLS®
N13619654
Full details
Parking
GarageAttached
Total parking8
Parking featuresPrivate
Room dimensions
Room
Level
Dimensions
Features
Kitchen
Main
6.53 × 3.84 Meters
Marble Counter, Stainless Steel Appl, Centre Island
Family Room
Main
5.09 × 4.88 Meters
Moulded Ceiling, Picture Window
Primary Bedroom
Main
3.84 × 3.84 Meters
5 Pc Ensuite
Bedroom 2
Main
3.84 × 3.79 Meters
—
Sitting
Main
3.2 × 3 Meters
W/O To Yard
Recreation
Basement
13.84 × 3.63 Meters
—
Property & sold history
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See this home's sale & listing history
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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$50,975
Legal · title · inspection$2,800
Closing costs$53,775
Down payment$516,000
Total cash to close$569,775
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.
Neighbourhood market
The King City market
How homes are selling here right now — sold data for July 2026.
+ 24 photos
