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For saleMLS® N14107526

256 Banner Lane, King, ON L7B 1H2

King City · L7B 1H2

$2,399,000

$2,181 / sq ft

1 weeks on market

Bedrooms
2
Bathrooms
2
Interior
1,100 sf
Parking
8
Lot
123.58 × 253.77 ft

What's special

  • Attached garage
  • Central air
  • Finished basement
  • Carpet free
  • In-law capability

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About this property

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.

Rooms

6 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain6.52 × 3.83 m21.4 × 12.6 ftMarble Counter · Stainless Steel Appl · Centre Island
Family RoomMain5.09 × 4.87 m16.7 × 16.0 ftMoulded Ceiling · Picture Window
Primary BedroomMain3.83 × 3.83 m12.6 × 12.6 ft5 Pc Ensuite
Bedroom 2Main3.83 × 3.78 m12.6 × 12.4 ft—
SittingMain3.20 × 2.99 m10.5 × 9.8 ftW/O To Yard
RecreationBasement13.84 × 3.63 m45.4 × 11.9 ft—

Features

  • Carpet Free
  • In-Law Capability

Property details

Property

Property type
detached
Bedrooms
2
Bathrooms
2
Interior size
1,100 sq ft
Lot size
123.58 × 253.77 ft
Possession
TBA

Interior

Basement
Finished, Walk-Up
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
North

Exterior & services

Construction
Brick, Stone
Garage
Attached
Parking spaces
8
Sewer
Sewer

Costs

List price
$2,399,000
Property taxes
$8,193 / year (2026)
Price per sq ft
$2,181

Listing

MLS® number
N14107526
Status
For sale
Listed
October 22, 2026
Days on market
13
Last updated
October 31, 2026
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 32% of comparable detached listings in King City are asking less.

$1.83MMedian $2.80M$7.65M
This home
$2,181 / sq ft
Comparable median
$968 / sq ft

Based on 63 comparable active detached listings in King City. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $479,800
$479,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$10,611.59
Property tax (est.)
$682.73
Estimated monthly
$11,294

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$46,450
Total due on closing
$46,450

An estimate on the asking price of $2,399,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,399,000

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Comparable sales nearby

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