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116 Panora Close NW
MAIN FLOOR PRIMARY BEDROOM WITH ENSUITE!! RARELY DO HOMES LIKE THIS HIT THE MARKET!! Welcome to this beautifully maintained family home located on a QUIET street in the highly desirable community of Panorama Hills. Offering over 2,312 SQ.FT. OF DEVELOPED LIVING SPACE, 4 BEDROOMS, 3.5 BATHROOMS, A FULLY FINISHED BASEMENT, DOUBLE DETACHED GARAGE AND A RARE MAIN FLOOR PRIMARY SUITE, this is a property that truly stands out from the competition.From the moment you arrive, you will appreciate the pride of ownership throughout. Step inside to a bright and welcoming main floor featuring large windows, a spacious living room and a cozy gas fireplace that creates the perfect place to relax with family and friends.The kitchen is both functional and inviting, offering plenty of cabinetry, ample counter space, a large centre island with seating and an adjoining dining area surrounded by windows that flood the space with natural light.What truly sets this home apart is the RARE MAIN FLOOR PRIMARY BEDROOM complete with its own private ensuite bathroom and walk-in closet. Whether you are looking for convenient one-level living, have multi-generational family needs, or simply appreciate a unique and functional floor plan, this is a feature you will absolutely love.Head upstairs where you will find two additional spacious bedrooms, a full bathroom and a bright BONUS ROOM that offers incredible flexibility. This space is perfect for family movie nights, a kids' playroom, home office, gaming area or an additional family room.The fully finished basement provides even more living space and features a massive recreation room, 4th bedroom with WALK IN closet, full bathroom, laundry area and additional storage. Whether you need space for teenagers, guests, a home gym or a media room, this basement delivers.Outside, the low-maintenance backyard offers plenty of space to enjoy summer evenings, entertain guests or simply relax while the kids play. The double detached garage provid es secure parking and additional storage while the wide back lane offers easy access.Located just minutes from schools, parks, pathways, the Gates of Panorama Hills shopping, restaurants, VIVO Recreation Centre, public transit and major roadways including Stoney Trail, this home offers exceptional convenience in one of Northwest Calgary's most sought-after communities.Homes with a MAIN FLOOR PRIMARY SUITE, BONUS ROOM & FULLY FINISHED BASEMENT are HARD TO FIND. Don't miss your opportunity to own this incredible home in Panorama Hills! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.25 Ft x 7.17 Ft | |
| Bedroom | 16.58 Ft x 10.75 Ft | |
| Laundry room | 9.92 Ft x 7.25 Ft | |
| Recreational, Games room | 23.00 Ft x 13.17 Ft | |
| Storage | 5.33 Ft x 10.75 Ft | |
| Furnace | 10.08 Ft x 8.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.67 Ft x 4.33 Ft | |
| 4pc Bathroom | 6.00 Ft x 8.67 Ft | |
| Dining room | 10.92 Ft x 9.92 Ft | |
| Kitchen | 14.17 Ft x 16.25 Ft | |
| Living room | 14.42 Ft x 17.00 Ft | |
| Primary Bedroom | 16.33 Ft x 11.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.75 Ft x 6.75 Ft | |
| Bedroom | 13.75 Ft x 9.42 Ft | |
| Bedroom | 12.33 Ft x 9.50 Ft | |
| Family room | 12.00 Ft x 12.00 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.05%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,019
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 17, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
10.2 km away
Hazrat Bilal Islamic Center
11.2 km away
Al Madinah Islamic Centre
11.7 km away
Al-Hedaya Islamic Centre
11.8 km away
12.1 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
12.3 km away
Halal grocery
Shaheen Grocery, Bakery & Halal Meat
12.9 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.