Re-listed 5 days ago

42 Banner Lane, King, Ontario L7B 1K2

Detached
5
3
~2500-3000 sqft
$•••,•••
$1,888,000
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$18,880Cashback
Detached
5
3
~2500-3000 sqft

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Highlights

Property Estimate

Days on market5 days

Total days on market
202 days

Estimated valueNot available

Price/Sqft$692/sqft

Monthly cost

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CMA Subject Property

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+22

Properties sold*

$1.9M

Median sold price*

*Based on last 30 days

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!


Property Details

StyleBacksplit 5
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size14,100 SqFt(197.59 x 71.36)
Parking Spaces6
MLS ®NumberN12399632
Community NameNeighborhood of King
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished

Main Floor

Living

4.37 x 4.6

hardwood floor / Crown Moulding / Window

Dining

4.37 x 3.5

hardwood floor / Crown Moulding / Window

Kitchen

2.62 x 3.57

Ceramic Floor / Eat-In Kitchen / Window

Breakfast

3.6 x 3.57

Ceramic Floor


Features

Lot size: 14,100 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Market Data - Neighborhood of King

Geo Zone Map ThumbnailNeighborhood of King

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

46 days

Compared to

2024

39 days

2023

24 days

2022

26 days

New Listings

Past 30 days

61 listings

Compared to

2024

59 listings

2023

58 listings

2022

67 listings

Units sold

Past 30 days

13 units

Compared to

2024

22 units

2023

18 units

2022

23 units

Median Sold Price

Past 30 days

$2,245,000

Compared to

2024

$1,920,000

2023

$1,900,000

2022

$2,150,000


Population and Demographics

Overview

Total population 33063
Average household income $204,022

Age (%)

0 to 19
25%
20 to 34
16%
35 to 49
20%
50 to 64
24%
65 and plus
15%

Household composition (%)

Single family
81%
Single person
16%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
72%
Italian
9%
Others
6%
Russian
3%
Mandarin
3%
Iranian Persian
2%
Spanish
1%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget