42 Banner Lane, King, ON L7B 1K2
King, ON L7B 1K2
Quick cost estimateKnown monthly subtotal$9,059.79 / monthLand transfer tax $32,455One-time estimate
Quick cost estimate
$9,059.79 / monthKnown monthly subtotal
- Mortgage principal & interest
- $8,370.46
- Property tax / month
- $689.33
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $32,455
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $32,455
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
Exceptional Opportunity in Kings Prestigious Neighborhood, Highly sought-after area of King City on an expansive pie-shaped lot, approximately 200 feet deep with a 135-foot-wide rear yard. Surrounded by multi-million-dollar estates, this expansive and private parcel offers the perfect canvas to build your dream home in a serene and established enclave. 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!
Home details
- Days on market
- Not reported
- Property type
- Detached
- MLS® number
- N12832422
- Source status
- New
- Bedrooms
- 5
- Bathrooms
- 3
- Postal code
- L7B 1K2
- Kitchens
- 2
- Kitchens above grade
- 1
- Kitchens below grade
- 1
- Family room / den
- Yes
- Interior size (reported range)
- 2500-3000
- Lot depth
- 197.59 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 6
- Occupancy
- Owner
- Possession type
- 60-89 days
- Garage
- Attached
- Annual property tax
- 8272
- Basement
- Finished
- Interior features
- Other
- Architectural style
- Backsplit 5
- Parking features
- Private Double
- Pool features
- None
- Fireplace
- Yes
- Waterfront
- No
- Garage available
- Yes
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- Central Air
- Sewer
- Sewer
- Direction facing
- West
- Construction materials
- Brick
- Roof
- Shingles
- Foundation
- Block
- MLS entry age (not confirmed DOM)
- 249 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Sewer
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- Central Air
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 5
- Rooms above grade
- 9
- Rooms below grade
- 3
- Den / family room reported
- Yes
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $1,799,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
Explore sold records with approved VOW access →Nearby homes sold near 42 Banner Lane, King, ON L7B 1K2, King
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
Filter the records displayed below.
Nearby publicly funded schools
Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.
School year 2024-2025 · Preliminary · publisher extract 2026-09-14.
King City Secondary School ↗
Secondary · 9-12 · English · Public
School board: York Region DSB ↗
2001 King Rd, King City
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 9 Mathematics (at provincial standard)
- 54%
- Grade 10 OSSLT (first-attempt pass)
- 87%
King City Public School ↗
Elementary · JK-8 · English · Public
School board: York Region DSB ↗
25 King Blvd, King City
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 84%
- Grade 3 Writing (at provincial standard)
- 72%
- Grade 3 Mathematics (at provincial standard)
- 88%
- Grade 6 Reading (at provincial standard)
- 75%
- Grade 6 Writing (at provincial standard)
- 86%
- Grade 6 Mathematics (at provincial standard)
- 43%
Holy Name Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
65 Spring Hill Drive, King City
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 65%
- Grade 3 Writing (at provincial standard)
- 49%
- Grade 3 Mathematics (at provincial standard)
- 48%
- Grade 6 Reading (at provincial standard)
- 90%
- Grade 6 Writing (at provincial standard)
- 92%
- Grade 6 Mathematics (at provincial standard)
- 58%
Father Frederick McGinn Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
61 Brockdale St, Richmond Hill
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 83%
- Grade 3 Writing (at provincial standard)
- 83%
- Grade 3 Mathematics (at provincial standard)
- 71%
- Grade 6 Reading (at provincial standard)
- 90%
- Grade 6 Writing (at provincial standard)
- 88%
- Grade 6 Mathematics (at provincial standard)
- 63%
Windham Ridge Public School ↗
Elementary · 1-8 · English · Public
School board: York Region DSB ↗
32 Red Cardinal Trail, Richmond Hill
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Mathematics (at provincial standard)
- 84%
- Grade 6 Reading (at provincial standard)
- 96%
- Grade 6 Writing (at provincial standard)
- 96%
- Grade 6 Mathematics (at provincial standard)
- 77%
Kettle Lakes Public School ↗
Elementary · JK-8 · English · Public
School board: York Region DSB ↗
62 Kingshill Rd, Richmond Hill
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 84%
- Grade 3 Writing (at provincial standard)
- 86%
- Grade 3 Mathematics (at provincial standard)
- 74%
- Grade 6 Reading (at provincial standard)
- 91%
- Grade 6 Writing (at provincial standard)
- 89%
- Grade 6 Mathematics (at provincial standard)
- 71%
St Raphael the Archangel Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
131 Ravineview Drive, Maple
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 73%
- Grade 3 Writing (at provincial standard)
- 67%
- Grade 3 Mathematics (at provincial standard)
- 60%
- Grade 6 Reading (at provincial standard)
- 80%
- Grade 6 Writing (at provincial standard)
- 86%
- Grade 6 Mathematics (at provincial standard)
- 44%
Beynon Fields Public School ↗
Elementary · JK-8 · English · Public
School board: York Region DSB ↗
258 Selwyn Rd, Richmond Hill
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Mathematics (at provincial standard)
- 85%
- Grade 6 Reading (at provincial standard)
- 98%
- Grade 6 Writing (at provincial standard)
- 100%
- Grade 6 Mathematics (at provincial standard)
- 89%
Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.
Filter the records displayed below.
Transit near this property
Published transit locations. Distances are straight-line estimates, not walking routes or travel times.
Rail & subway · within 5 km
- King City GOGO Transit · Train1.0 km
Bus & streetcar · within 2 km
- Keele St. @ Burton Grove (King City GO)GO Transit · Bus924 m
- Keele St. @ Station Rd. (King City GO)GO Transit · Bus981 m
Sources & service information
These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.
- GO Transit source · feed 2026-10-28 to 2026-11-27 · checked 2026-11-02 14:57:59 UTC · Licence · Agency website
Filter the records displayed below.
Nearby amenities
Mapped places within 2.0 km. Distances are straight-line estimates to map points or area centres.
Groceries
- Coppa's Fresh MarketMapped area centre1.4 km
Pharmacies
- Shoppers Drug MartMapped area centre201 m
- 1.2 km
Parks
- King City Lions ParkMapped area centre319 m
- Kettle Lake ParkMapped area centre1.1 km
- Salamander ParkMapped area centre1.1 km
Fitness centres
- Core Athletic ClubsMapped area centre1.5 km
Libraries
- King Township Public Library - King City BranchMapped area centre496 m
Cafés
- 520 m
- 1.0 km
- 1.3 km
Restaurants
- 182 m
- Rockford's Bar & GrillMapped area centre188 m
- LocaleMapped area centre471 m
Clinics
- 1.2 km
© OpenStreetMap contributors · ODbL · Download this open dataset
Coverage & map information
Map snapshot: 2026-11-02T15:25:06Z. This is a rectangular GTA-area extract with partial regional coverage. Data may be incomplete near its edges. Places and categories are community mapped; opening status, entrances and service availability are not verified. Matching point/area entries with the same name within 25 metres are paired for display using the point location; the downloadable dataset retains every original map record. Other duplicates may remain. No walking routes, travel times or walking score are inferred.
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Similar homes for sale in King
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Are the measurements and features independently verified?
Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
Can I see sold prices for nearby properties?
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
42 Banner Lane, King, ON L7B 1K2, King is listed for sale as a Detached. The listing reports 5 bedrooms, 3 bathrooms, reported interior area of 2500-3000 (units not reported), kitchens reported as 2, parking spaces reported as 6. Asking price: $1,799,000. Occupancy is reported as Owner. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® N12832422.
The Ministry’s school dataset lists King City Secondary School approximately 405 m from the property’s mapped location. The published GO Transit feed includes King City GO, approximately 1.0 km away. OpenStreetMap shows nearby mapped places including King City Lions Park (319 m) and Coppa's Fresh Market (1.4 km).
Local context
The Ministry’s school dataset lists King City Secondary School approximately 405 m from the property’s mapped location.
The published GO Transit feed includes King City GO, approximately 1.0 km away.
OpenStreetMap shows nearby mapped places including King City Lions Park (319 m) and Coppa's Fresh Market (1.4 km).
Sources & distance notes
Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: RE/MAX REALTRON REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® N12832422. Information deemed reliable but not guaranteed.