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229 Panamount Road NW
Beds
4
Baths
4 full + 1 half
Sqft
2,050
Year
2007
Type
Single Family
On market
41d
Welcome to this beautifully maintained, fully developed family home in the highly sought-after community of Panorama Hills. Move-in ready and offering over three levels of functional living space, this home features 4 bedrooms and 3 full bathrooms—perfect for growing families. The insulated and drywalled double attached garage provides excellent space for vehicles and storage. Step inside to an impressive open-to-above foyer and gleaming hardwood floors throughout the main level. The front flex room is ideal as a home office, den, or sitting area. The spacious kitchen is equipped with stainless steel appliances, a gas stove, ample cabinetry, and a convenient computer nook for homework or home organization. The inviting great room offers a cozy corner gas fireplace and built-in shelving, creating the perfect gathering space. Upstairs, the open staircase leads to a large bonus room ideal for entertainment, a media room, or play area. A skylight fills the hallway with natural light, while built-in bookshelves add charm and function. The primary suite features a walk-in closet and 4-piece ensuite, with two additional bedrooms and another full bath completing the upper level. The finished basement adds even more living space with a 4th bedroom, full bathroom, recreation area, laundry room with storage, and cold room. Additional upgrades include newer hot water tank, water softener, and radon mitigation system with radon pump. Outside, enjoy the fenced, low-maintenance backyard—perfect for kids and pets. Ideally located minutes from ridge pathways, parks, schools, shopping, restaurants, and amenities including Superstore, Save-On-Foods, Home Depot, and Vivo Recreation Centre. This is an exceptional opportunity to own a fantastic home in one of NW Calgary’s most desirable communities. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.83 Ft x 10.25 Ft | |
| Bedroom | 9.92 Ft x 13.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 10.17 Ft x 13.17 Ft | |
| Kitchen | 13.08 Ft x 9.42 Ft | |
| Family room | 18.25 Ft x 13.67 Ft | |
| Living room | 14.33 Ft x 14.92 Ft | |
| 2pc Bathroom | 6.08 Ft x 5.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Other | 6.33 Ft x 4.75 Ft | |
| 4pc Bathroom | 8.50 Ft x 9.25 Ft | |
| Primary Bedroom | 14.83 Ft x 12.00 Ft | |
| 4pc Bathroom | 7.50 Ft x 4.92 Ft | |
| Bedroom | 11.67 Ft x 8.92 Ft | |
| Bedroom | 11.33 Ft x 8.83 Ft | |
| Bonus Room | 17.58 Ft x 11.58 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
-0.91%
Cap rate
4.68%
GRM
13.9
Break-even rent
$4,748
Financing
Operating expenses (monthly)
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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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 8, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.