256 Banner Lane, King, ON L7B 1H2

For Sale 41 days on Market MLS® N13751358

Asking Price

$2,438,000

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Overview

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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.

Bedrooms

Bathrooms

2.0

Area

1,300 sqft

Lot Size

0.7 acres

Type

Detached

Property Details

Year BuiltNot Disclosed

CityKing

Postal CodeL7B1H2

Lot Dimensions123.58 × 253.77 ft

Parking8 spaces

Interior Features

Heat: Forced Air

Heat Source: Gas

Cooling: Central Air

Style: Bungalow

Exterior & Land

Sewer: Sewer

Construction: Brick, Stone

Roof: Asphalt Shingle

Utilities & Services

Heat SourceGas

Water SourceNot specified

SewerSewer

Financial Information

List Price$2,438,000

Annual Taxes$8,193 (2026)

Days on Market41

MLS® N13751358 • Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

256 Banner Lane, King, ON L7B 1H2

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Purchase Calculator

Home Price

$2,438,000.00

Location

Down Payment

$511,980.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

256 Banner Lane, King, ON L7B 1H2

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Aman Toor

RE/MAX Realty Specialists Inc.

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Aman Toor

Rural & Agricultural Property Specialist — RE/MAX

With over 10 years navigating Ontario's farm and acreage market, Aman brings real data, deep county knowledge, and no-nonsense negotiation to every deal. From 5-acre hobby farms to 500-acre agricultural estates — he's done it all across Dufferin, Simcoe, Grey, Caledon, and beyond.

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