$2,438,000
Est. payment $10,795/moCalculate yours
256 Banner Lane, King, ON L7B 1H2
King City, King, ON L7B 1H2
- 2 Beds
- 2 Baths
- 2 Garage
- 1,100 Sq Ft
Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD. MLS® N13751358
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
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Finished, Walk-Up
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 123.58 x 253.77 Feet
- Parking
- Attached garage · 8 total
Financial
- Property Taxes
- $8,193 (2026)
Location
- Neighbourhood
- King City
- Cross Street
- Keele St./King Rd.
- Direction Faces
- North
Listing
- MLS® Number
- N13751358
- Days on Market
- 40
- Listed On
- 2026-09-08
- Possession
- TBA
- Listed By
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Rooms
Features
Interior
- Carpet Free
- In-Law Capability
Pool
- None
- Included
- Built-in Stainless Steel Fridge/Freezer Combo, Built-in Microwave & Oven, Built-in Dishwasher, Gas Cooktop, Washer & Dryer, Garage Door Opener & 2 Remotes, Central Air Conditioner
Mortgage calculator
Estimated mortgage payment
$10,795 per month
- Principal and interest
- $10,795
- Property tax
- $683
- Condo fees
- $0
- Estimated monthly cost
- $11,478
Your mortgage
- Mortgage amount
- $1,950,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,288,081
Cash to close
- Down payment
- $487,600
- Land transfer tax
- $47,425
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $535,025
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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