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147 Templewood Drive NE
Beds
5
Baths
3 full + 1 half
Sqft
1,114
Year
1978
Type
Single Family
On market
60d
ATTENTION INVESTORS & FAMILIES! | REGISTERED LEGAL BASEMENT SUITE | DETACHED DOUBLE GARAGEHUGE PRICE ADJUSTMENT: Welcome to 147 Templewood Drive NE, a rare find in the heart of the highly sought-after community of Temple. This meticulously maintained 4-level split offers the perfect blend of modern comfort and incredible income potential, making it an ideal choice for savvy homeowners looking for a mortgage helper or investors seeking a high-yield property.The Main Levels:The bright, open-concept main floor features durable laminate flooring and a spacious living room perfect for entertaining. The kitchen is a chef’s delight, upgraded with sleek granite countertops and a stainless steel appliance package.Upstairs, you will find three generous bedrooms, including a primary suite complete with its own private 2-piece ensuite. An additional 4-piece shared bathroom services the upper level, providing plenty of space for a growing family.Registered Legal Suite:The lower levels host a fully Registered Legal Suite with the City of Calgary, boasting a separate entrance for maximum privacy. This suite is bright and spacious, featuring two large bedrooms, a full kitchen with a dining area, and a massive recreation room. Whether you use this to offset your mortgage or as a multi-generational living space, the value here is undeniable.Exterior & Location:The exterior of the home offers excellent curb appeal and a fully fenced backyard for kids or pets. Car enthusiasts and hobbyists will love the detached double garage with convenient access from the paved back lane.Location Highlights:Transit: Just a 2-minute walk to public transit.Shopping: Steps away from local shopping plazas and amenities.Schools: Surrounded by desirable schools, making the morning commute a breeze.Don’t miss this turn-key opportunity in one of NE Calgary’s most convenient locations. Book your private showing today! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.92 Ft x 8.17 Ft | |
| Bedroom | 14.75 Ft x 12.42 Ft | |
| 4pc Bathroom | 9.58 Ft x 4.83 Ft | |
| Laundry room | 9.50 Ft x 5.00 Ft | |
| Recreational, Games room | 10.92 Ft x 18.75 Ft | |
| Other | 8.75 Ft x 18.67 Ft | |
| Furnace | 14.83 Ft x 6.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.25 Ft x 16.00 Ft | |
| Dining room | 12.08 Ft x 10.83 Ft | |
| Kitchen | 12.08 Ft x 8.83 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.17 Ft x 5.00 Ft | |
| 4pc Bathroom | 9.08 Ft x 4.92 Ft | |
| Bedroom | 13.25 Ft x 7.92 Ft | |
| Bedroom | 9.92 Ft x 9.00 Ft | |
| Primary Bedroom | 13.83 Ft x 14.00 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
-1.17%
Cap rate
4.63%
GRM
13.9
Break-even rent
$3,723
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.