256 Banner Lane, King, ON L7B 1H2
King City, King · Near Keele St./King Rd. · View map
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 4
- Basement
- Finished, Walk-Up
- Lot size
- 123.6 x 253.8 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Stone
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 6
- Total parking
- 8
- Parking features
- Private
Taxes & other
- Property taxes
- $8,193/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- TBA
- Cross street
- Keele St./King Rd.
- Neighbourhood
- King City
More
- Price per sq ft
- ~$1,875 (at 1,300 sq ft)
- Listed
- Sep 8, 2026 · 36 days ago
- MLS® number
- N13751358
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The home and its surroundings
- Carpet Free
- In-Law Capability
- Patio
- Landscaped
- Privacy
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
256 Banner Lane, King, ON L7B 1H2
King City, King · Near Keele St./King Rd.
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Listing history for 256 Banner Lane
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 256 Banner Lane
Answers come straight from this home’s MLS® listing.
How much is 256 Banner Lane listed for, and what would it cost each month?
256 Banner Lane is listed for $2,438,000. With 20% down ($487,600), the mortgage payment would be roughly $9,834 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $10,517 a month, all in. That figure is an illustration, not a quote.
Is 256 Banner Lane freehold or a condo, and is there a monthly fee?
256 Banner Lane is a bungalow in King City, King. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 256 Banner Lane have?
256 Banner Lane has 2 bedrooms and 2 bathrooms.
Does 256 Banner Lane have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 6 spaces. In total the listing counts 8 parking spaces.
Does 256 Banner Lane have a finished basement?
The listing describes the basement as finished, walk-up. Finished basement space is usually not counted in the square footage shown.
What style of home is 256 Banner Lane?
256 Banner Lane is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 256 Banner Lane, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 123.6 x 253.8 ft.
How is 256 Banner Lane heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 256 Banner Lane?
Property taxes are $8,193 a year (2026), or about $683 a month.
Where is 256 Banner Lane?
256 Banner Lane is in the King City community of King. The nearest main intersection is Keele St./King Rd.. The postal code is L7B 1H2.
How long has 256 Banner Lane been on the market?
256 Banner Lane was listed on September 8, 2026. It has been on the market for 36 days. It is an active listing (MLS® N13751358). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 256 Banner Lane asking?
Similar bungalow-style homes for sale nearby right now include 194 Martin Street at $2,599,000 (3 bed), 287 Burns Boulevard at $2,750,000 (3+1 bed) and 2 Kingswood Drive at $2,975,000 (8+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 256 Banner Lane sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 256 Banner Lane?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near King City, picked by style, size and price.
Bungalow$2,599,000194 Martin Street, King3 bed · 1 bath · King CityCourtesy of: INTERCITY REALTY INC.View home →
Bungalow$2,750,000287 Burns Boulevard, King3+1 bed · 4 bath · King CityCourtesy of: CENTURY 21 HERITAGE GROUP LTD.View home →
Bungalow$2,975,0002 Kingswood Drive, King8+1 bed · 9 bath · King CityCourtesy of: RE/MAX WEST REALTY INC.View home →Courtesy of: RE/MAX HALLMARK YORK GROUP REALTY LTD.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.