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512 Panatella Square NW
Beds
4
Baths
4 full + 1 half
Sqft
1,477
Year
2010
Type
Single Family
On market
62d
Welcome Home. We are pleased to present you with this beautifully maintained and fully developed two storey walkout home in the highly sought-after community of Panorama Hills. Offering the perfect blend of space, functionality, and an unbeatable location backing onto green space. The main floor is designed for both everyday living and entertaining, featuring a bright and open concept with rich hardwood flooring and large windows that fill the home with natural light. You will love the spacious kitchen offering granite countertops, extended-height cabinetry, stainless steel appliances, a good sized corner pantry, and a large island that seamlessly connects to the dining and living areas. The cozy gas fireplace anchors the living room, creating a warm and inviting space to relax. Upstairs, you’ll find three good sized bedrooms, giving everyone their own space. The primary suite offers plenty of room for a king-sized bed and hosts a large walk-in closet and a private 3-piece ensuite. A full main bathroom completes the upper level. The fully developed walkout basement (with permits) adds incredible versatility to the home, offering a spacious rec room, a fourth bedroom, another full bathroom, as well as dedicated laundry area, and additional space perfect for a home office, gym, or flex room—ideal for growing families or guests. You will love the spacious backyard that backs out onto a beautiful green space and park, providing both privacy and the perfect setting for kids to play or for relaxing outdoors. Located in the vibrant community of Panorama Hills, you’ll enjoy access to excellent schools, parks, walking paths, and the Panorama Hills Community Centre. With close proximity to shopping, restaurants, movie theatres, Vivo Recreation Centre, and easy access to Stoney Trail, Deerfoot Trail, and the airport, this home offers exceptional convenience in a family-friendly neighbourhood. This is the perfect place to call home. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.92 Ft x 5.42 Ft | |
| Bedroom | 13.83 Ft x 8.75 Ft | |
| Family room | 10.92 Ft x 9.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.58 Ft x 5.33 Ft | |
| Dining room | 12.75 Ft x 7.17 Ft | |
| Kitchen | 12.58 Ft x 12.50 Ft | |
| Living room | 17.08 Ft x 12.25 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.25 Ft x 7.25 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.00 Ft | |
| Bedroom | 12.17 Ft x 10.00 Ft | |
| Bedroom | 12.00 Ft x 9.25 Ft | |
| Primary Bedroom | 13.67 Ft x 11.75 Ft | |
| Other | 6.58 Ft x 7.58 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
-1.10%
Cap rate
4.64%
GRM
13.9
Break-even rent
$3,845
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 9, 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.