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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® N13636888For SaleDetached

236 Banner Lane

King City, King, Ontario L7B 1H2

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236 Banner Lane, King, photo 1
Asking$7,688,000
Bedrooms
4+1
Bathrooms
9
Size
5,000 +sq ft
Lot
0.50 – 1.99 acres
Tax a year
$24,1732025 tax year
Parking
133 attached
Days on market
Members

The brief

About 236 Banner Lane

236 Banner Lane is a 4+1-bedroom, 9-bathroom detached house in King City, King, listed for sale at an asking price of $7,688,000 (MLS® N13636888).

236 Banner Lane Is The Epitome Of Luxury Living In Prestigious King City. Situated On An Oversized 100 X 220 Ft Lot Offering Just Over Half An Acre, This Custom Built And Professionally Designed By U31 Estate Offers 6,900 Sq.Ft Above Grade And Showcases Unmatched Craftsmanship, Luxury Finishes, And Meticulous Attention To Detail Throughout. This Exceptional 4+1 Bedroom, 9 Bathroom Home Features A Stunning Stone Exterior, Fully Landscaped Gated Heated Driveway, Heated Garage, Smart Home Technology, Automatic Blinds, And Resort Style Backyard Complete With Extensive Hard & Softscaping And An Oversized Built In Pool. The Main Floor Features Hardwood Flooring, Porcelain Tiles, Wainscotting, Pot Lights, Built In Speakers, Oversized Windows Offering Incredible Natural Light, Formal Living And Dining Rooms, Sitting Room, Billiards Room, And A Spacious Family Room Combined With The Breakfast Area, Both With Walkouts To The Expansive Deck Overlooking The Private Oasis Like Backyard. The Chef's Kitchen Features Top Of The Line Stainless Steel Appliances, Centre Island, Pot Lights, And Not One But Two Large Pantries. All Upper Level Bedrooms Feature Walk In Closets And Their Own Private Ensuites, Along With Hardwood Flooring And Pot Lights Throughout. Convenient Upper Level Laundry With Built In Cabinetry Adds Everyday Functionality. The Finished Basement Offers An Expansive Open Concept Recreation Area With Wet Bar & Centre Island, Theatre Room, Gym Complete With Full Bath And Sauna, Plus An Additional Bedroom With Walk In Closet And 3 Piece Ensuite, Perfect For Nanny Or In Law Quarters. The Backyard Is Truly The Showstopper Featuring An Oversized Deck With Built In BBQ And Pizza Oven, Oversized Pool, Mature Trees Lining The Rear Of The Property Offering Ultimate Privacy, And A Convenient 2 Piece Pool Bath. Luxury Living Meets Resort Style Comfort At This Exceptional King City Estate.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$24,173 / 2025
MLS® number
N13636888
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
5000 + sqft
Lot Size
100.12 x 220.19 ft
Listed on
Parking
3 Attached, 13 Parking
Listing brokerage: SALERNO REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
King City
Municipality
King

Building

Size
5000 + sqft
Construction
Brick

Inside

Bedrooms
4+1
Bathrooms
9
Bathroom Details
2 × 2pc, 2 × 5pc, 2 × 3pc, 3 × 4pc
Basement Type
Finished
Kitchens
1

Parking

Driveway
Private
Garage Type
Attached
Garage
3
Additional Parking
10
Total Parking
13

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
100.12 ft
Depth
220.19 ft
Lot Size
100.12 x 220.19 ft

Additional

Fireplace
Yes
Pool
Inground
Den
Yes
Family room
Yes
Extras
Built In Stainless Steel Fridge, Built In Stainless Steel Ovens, Built In Stainless Steel Microwave, Built In Stainless Steel Dishwasher, Built In Gas Stove & Hood Fan, Washer & Dryer, Beverage Fridge, Built In Speakers, Built In BBQ & Pizza Oven

Rooms

RoomSizeFeaturesLevel
2nd Br4.79 × 3.95 m3 Pc Ensuite, W/I Closet, hardwood floorUpper
Breakfast5.0 × 6.58 mCoffered Ceiling, W/O To Deck, 2 Way FireplaceMain
Rec11.32 × 11.74 mWet Bar, Pot Lights, Open ConceptLower
Dining5.55 × 4.51 mhardwood floor, Pot Lights, Built-In SpeakersMain
Br2.82 × 4.16 m2 Pc Bath, W/I Closet, Pot LightsLower
Kitchen7.52 × 6.41 mCentre Island, Stainless Steel Appl, Built-In SpeakersMain
Games5.01 × 6.19 mhardwood floor, Pot Lights, Crown MouldingMain
Exercise6.12 × 5.44 m5 Pc Ensuite, Built-In Speakers, Pot LightsLower
Media/Ent5.44 × 6.11 mBroadloom, Pot Lights, Built-In SpeakersLower
Primary4.78 × 5.04 m5 Pc Ensuite, W/I Closet, WainscotingUpper
3rd Br4.38 × 6.19 m4 Pc Ensuite, W/I Closet, hardwood floorUpper
4th Br4.87 × 4.78 m3 Pc Ensuite, W/I Closet, hardwood floorUpper
Sitting5.72 × 6.19 mhardwood floor, Pot Lights, Built-In SpeakersMain
Family9.16 × 6.19 mhardwood floor, Fireplace, Built-In SpeakersMain
Laundry2.71 × 3.6 mB/I Closet, Pot Lights, Laundry SinkUpper
Living6.28 × 5.15 mFireplace, W/O To Deck, hardwood floorMain

Listing history

Buy/sell history for 236 Banner Lane, King, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$7,688,000N/AFor SaleN13636888

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $1,537,600

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$1,537,600
Total mortgage amount
$6,150,400
Total interest payment
$4,372,100
Total purchase cost
$12,060,100
Mortgage payment
$35,075/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$37,089
−$37,089per month
  • Rent $0
  • Shortfall $37,089

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$178,675
Total land transfer tax
$178,675
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$174,675
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $7,688,000
$142,200
Ontario total
$178,675

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
22,045 sq ft2,048 m²
Street frontage
100.12 ft30.5 m
Depth
220.19 ft67.1 m
100.12 × 220.19 ftBANNER LANE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mInside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Settlement Area)Nearest rail line: 700 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Hydro One Networks Inc.Wired internet 50/10 Mbps or faster is listed at a household 80 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity1

  • Inside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Settlement Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address

Province of Ontario open data

Around the home1

  • Nearest rail line: 700 m700 m

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Hydro One Networks Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Vianet. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Detached homes for sale in King City right now

For sale now
64
Median asking price
$2.77M

Middle half: $2.2M to $4.04M

New in 7 days
4

21 in 28 days

Price cuts
13%

8 listings

This home is asking 177% above the median, higher than three quarters of them.

See all homes in King City

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
King City GOGO Transit train: Barrie800 m

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
King City Public SchoolYork Region DSBPublic · grades JK–8800 m68%Grade 6 average
Holy Name Catholic Elementary SchoolYork CDSBCatholic · grades JK–81 km80%Grade 6 average
Father Frederick McGinn Catholic Elementary SchoolYork CDSBCatholic · grades JK–83.5 km80%Grade 6 average
Académie de la MoraineConseil scolaire ViamondeFrench-language public · grades JK–65.8 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
King City Secondary SchoolYork Region DSBPublic · grades 9–12 · French Immersion600 m54%Grade 9 math
ÉSC RenaissanceConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–124.7 km87%Grade 9 math
St Theresa of Lisieux Catholic High SchoolYork CDSBCatholic · grades 9–125.4 km91%Grade 9 math
Cardinal Carter Catholic Secondary SchoolYork CDSBCatholic · grades 9–125.9 km69%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Email Kassaundra Dobson, Broker of Record