119 Banner Lane

King City, King, L7B 1G9
FOR SALE
$5,488,000
119 Banner Lane, King
119 Banner Lane
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5 + 1
BEDROOMS
8
BATHROOMS
1
KITCHENS
10 + 4
ROOMS
N9367139
MLSID
Contact Us
Property Description
Welcome To 119 Banner Lane. This Showstopper Is The Builders Own Home. Situated In One Of The Most Desired Pockets In All Of York Region. It Boasts Approx 6200 Sqft Above Grade Living Space, Plus An Additional Approx 2400 Sqft Of Basement Living Space. Relish The Grandiose 11 Ft Main Floor Ceilings, Along With 5 Spacious Bedrooms, 2 Of Which Are Primary Bedrooms, Each Accompanied With Their Own Meticulously Crafted Ensuites. This Home Has Its Own Elevator, Theatre Room And Gym, Oversized Skylight, And A 3 Car Garage Boasting 14 Foot Ceilings, Custom Cabinetry, And An Epoxy Floor. Luxury Living At Its Finest!! Make It Yours!!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-19 2024-09-25 68 $5,698,000 - Terminated
2022-09-09 2022-09-13 4 $1,750,000 $1,700,000 Sold
Extras
2 Built In Wine Fridges, 6 Electric Fireplaces, Custom Built In Cabinetry Throughout The Home And Garage, Heated Basement Floors Throughout, Heated Floors in Both Primary Bedroom Ensuites
Nearby Intersections
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
80' x 145'
Lot Irregularities
Irregular
Fronting
East
Basement
Finished, Walk-Up
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
StudyMain15.49' x 16.83'B/I Bookcase, Crown Moulding, Glass Doors
LivingMain15.09' x 15.42'Hardwood Floor, Pot Lights, Large Window
DiningMain13.25' x 18.18'Hardwood Floor, Electric Fireplace, Pot Lights
KitchenMain23.65' x 23.65'Centre Island, Quartz Counter, W/O To Porch
FamilyMain14.67' x 22.51'Crown Moulding, Electric Fireplace, Built-In Speakers
Prim Bdrm2nd22.97' x 24.61'Vaulted Ceiling, 7 Pc Ensuite, W/O To Balcony
2nd Br2nd20.24' x 21.49'Vaulted Ceiling, 6 Pc Ensuite, Electric Fireplace
3rd Br2nd13.85' x 16.67'Vaulted Ceiling, 4 Pc Ensuite, B/I Desk
4th Br2nd14.76' x 15.32'Vaulted Ceiling, 4 Pc Ensuite, W/I Closet
5th Br2nd11.81' x 13.12'Hardwood Floor, 4 Pc Ensuite, W/I Closet
RecBsmt13.78' x 44.42'Wet Bar, Electric Fireplace, Walk-Up
BrBsmt14.44' x 14.83'Heated Floor, 4 Pc Ensuite, Window
King Market Statistics
King Price Trend
119 Banner Lane is a 5-bedroom 8-bathroom home listed for sale at $5,488,000, which is $2,206,750 (67.3%) higher than the average sold price of $3,281,250 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in King declined by $401,250 (10.9%) compared to the previous 30 day period (September 21 - October 20) and up $881,250 (36.7%) from the same time one year ago.
Inventory Change
There were 5 5-bedroom homes listed in King over the last 30 days (October 21 - November 19), which is down 72.2% compared with the previous 30 day period (September 21 - October 20) and down 61.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in King typically sold ($585,750) (17.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $319,250 decrease compared to the previous 30 day period (September 21 - October 20) and ($598,000) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in King over the last 30 days (October 21 - November 19) stood at 80.0%, up from 11.1% over the previous 30 days (September 21 - October 20) and up from 7.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 8-bathroom home in King stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Vision Realty Inc.
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