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$1,799,000
For SaleListed 187 days agoVirtual Tour

42 Banner Lane, King, ON L7B 1K2

King City
5
3
2,500–3,000 ft²
Detached6 Parking71.36 × 197.59 ft Lot
Listed by RE/MAX REALTRON REALTY INC.

Assigned school

75% EQAO

King City Public School

Childcare

6 centres

0.3 km closest

Development

5 shown

Active applications within 800 m

Block profile

80% owners

$124k median

Small-area Census counts are randomly rounded by Statistics Canada.

Explore this address →

Property Information

Property TypeDetached
Lot Size71.36 × 197.59 ft
BasementFinished
Parking6 parking spaces · Private Double · Attached
Property taxes$8,272/yr (2025)
Days on Market187 Days
Listed DateMar 2, 2026
MLS® NumberN12832422

Monthly Cost

Description

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!

Listing History

Event
Date
Price
Listed
Mar 2, 2026
$1,799,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

Map showing 42 Banner Lane, King, ON L7B 1K2 inside the King City Public School attendance boundaryView on Map

School Catchments

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

All King school catchments

Licensed Childcare Nearby

6 licensed centres nearby · closest 326 m

Licensed Child Care Centre
King City Montessori School
2194 King Road, King City
0.3 km
Full day
Operator: Enza Fiore
Licence #0004779·Child Care Centre
Licensed Child Care Centre
Le Club Child Care - King City
25 King Boulevard, King City
0.5 km
Before & after school
Operator: Le Club Child Care Program
Licence #0005186·Child Care Centre
Licensed Child Care Centre
Kidz World Child Care Centre
13097 Keele Street, King City
0.5 km
Full day · Half day
Operator: 804762 Ontario Limited
Licence #0000461·Child Care Centre
Licensed Child Care Centre
King City Nursery School - Half Day
2-50 Elizabeth Grove, King City
0.6 km
Half day
Operator: King City Nursery School
Licence #06328·Child Care Centre
Licensed Child Care Centre
Maple Preschool - Keele St.
13121 Keele St., King City
0.6 km
Full day · Half day · Before & after school
Operator: Maple Preschool Inc.
Licence #58898·Child Care Centre
Licensed Child Care Centre
Upper Canada Child Care At Holy Name Ces
65 Spring Hill Drive, King City
1.1 km
Before & after school
Operator: Upper Canada Creative Child Care Centres Of Ontario
Licence #0006342·Child Care Centre

What’s changing nearby

Nearest 5 within 800m

Proposed and recently approved developments near this home, largest first.

All development in this area

Approximate distance based on the municipality’s mapped application location.

Source: The Regional Municipality of York open data, adapted by DistrictIQ. York Region Open Data Licence.

Area Checks

  • Inside Ontario's Greenbelt plan area — Oak Ridges Moraine Conservation Plan

    Greenbelt policy limits new development — confirm permitted uses before planning a build or severance.

    Source: Ontario GeoHub — Greenbelt Designation · as of Sep 2026

  • Inside the Oak Ridges Moraine plan area — Settlement Area

    Moraine conservation policy constrains development — confirm this parcel's land-use designation.

    Source: Ontario GeoHub — Oak Ridges Moraine Land Use Designation · as of Sep 2026

Also checked, nothing flagged at this location: flood hazard mapping, conservation-regulated areas, provincially significant wetlands, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.

About King City

View King City on Market

Who lives here

A snapshot of this home’s immediate area — the census dissemination area it sits in.

80%
Homeowners
80%
Households with kids
$124,000
Median income
39
Median age
More about this area
3.1
Avg. household size
33%
University degree
29%
Newcomers (immigrants)
Age profile393 residents
Under 2026%
20–3420%
35–6444%
65+10%

StatCan 2021 Census · this home’s dissemination area (DA 35190786). Values are randomly rounded by Statistics Canada for privacy.

Homes for sale nearby

DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Aug 1, 2026
Data sources & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

DistrictIQ Inc., Brokerage · © 2026 DistrictIQ Inc.

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