42 Banner Lane
42 Banner Lane
$1,799,000
153 days on market
About This Listing
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!
| Monthly Mortgage (P&I) | $7,838 |
| Property Tax (MLS) | $689 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $8,527 |
Down payment: $359,800 (20.0%) · Mortgage: $1,439,200
Property tax uses MLS annual tax of $8,272/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX REALTRON REALTY INC.
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Data last updated: August 23, 2026 at 04:26 a.m.