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Investment signal

$259,900

207, 48 Panatella Road NW

Beds

2

Baths

2

Sqft

Year

2011

About this home

Discover the beautiful Milano complex in the sought-after NW community of Panorama Hills. This well-maintained unit offers over 750 sq ft of living space, featuring 2 bedrooms, 2 full bathrooms, and a secure underground parking stall. Step inside to an inviting open-concept layout highlighted by stylish laminate flooring. Large west-facing windows fill the space with natural light, creating a warm and welcoming atmosphere. The modern kitchen showcases dark wood cabinetry, granite countertops, a convenient island with breakfast bar, and stainless-steel appliances, perfect for both everyday living and entertaining. The spacious living room opens onto a private balcony, ideal for enjoying your morning coffee or unwinding in the evening. Both bedrooms are generously sized with large windows, including the primary suite, which features a walk-through closet with organizers and a 4-piece ensuite. A second full bathroom and in-suite laundry add to the home’s functionality and comfort. This unit also includes titled, secure underground parking and an assigned storage locker. Ideally located close to shopping, restaurants, schools, parks, playgrounds, and public transit, this home offers both convenience and lifestyle. Whether you're looking for a place to call home or a smart investment opportunity, this property delivers. Book your private showing today! (id:65958)

Subtype
Single Family
MLS#
A2302195
Area
CALGARY_OTHER
Positive cash flow ~$5/mo at these assumptions

Cash on cash

0.13%

Cap rate

5.91%

GRM

11.4

Break-even rent

$1,894

Financing

Down payment$51,980
Loan amount$207,920
Mortgage$1,276/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$119
Insurance$80
Maintenance$217
CapEx reserve$108
Vacancy loss$95

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

What daily life looks like from this address. Tap a category to add or remove it.

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  • 🛒 Grocery

    Safeway Beacon Heights Shopping Centre

    1818 Centre a St NE #20, Calgary, AB T2P2S6, Canada

    11.0 km

    ~18 min drive

  • 🥩 Halal grocery

    Spice7 Fresh Produce and Grocery Store

    40 Country Hills Landing NW Unit 108, Calgary, AB T3K 5P4, Canada

    2.8 km

    ~5 min drive

  • 🕌 Mosque

    Sayyidah Zahrah Islamic Centre

    38 Kincora Rise NW, Calgary, AB T3R 0G6, Canada

    2.9 km

    ~5 min drive

  • 🌳 Park

    Canoe Park

    122 Douglas Park Close SE, Calgary, AB T2Z 2B2, Canada

    25.8 km

    ~41 min drive

  • 🏫 Elementary

    Panorama Hills School | Calgary Board of Education

    1057 Panorama Hills Dr NW, Calgary, AB T3K 0S4, Canada

    1.1 km

    ~2 min drive

  • 🚉 Transit

    Dalhousie LRT Station NB

    Calgary, AB T3A 2Z7, Canada

    8.4 km

    ~13 min drive

Mortgage estimate

Estimated $1,276/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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