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Calgary · Single Family · under $625,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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147 Templewood Drive NE
Welcome to 147 Templewood Drive NE, an exceptional opportunity in the heart of Temple, one of NE Calgary's most sought-after and well-connected communities. This beautifully maintained 4-level split is the perfect choice for first-time buyers looking to offset their mortgage, or investors seeking strong, immediate rental returns.Incredible Income Potential:The fully Registered Legal Basement Suite (City of Calgary) generates $1,300–$1,500/month in rental income — putting money back in your pocket from day one. With a separate private entrance, two spacious bedrooms, a full kitchen with dining area, and a large recreation room, this suite is move-in ready for tenants. Let your investment work for you.Main Living Levels:The bright, open-concept main floor features durable laminate flooring and a generous living area ideal for entertaining. The upgraded kitchen impresses with granite countertops and a full stainless steel appliance package. Upstairs offers three well-sized bedrooms, including a primary suite with a private 2-piece ensuite, plus a 4-piece shared bathroom — plenty of room for a growing family.Exterior & Garage:Enjoy great curb appeal, a fully fenced backyard perfect for kids or pets, and a detached double garage accessible from the paved back lane — a rare and valuable feature.Prime Location Highlights:?? Transit: 2-minute walk to public transportation — commuting made easy?? Shopping: Steps from local plazas, restaurants, and everyday amenities?? Schools: Surrounded by quality schools — ideal for familiesThis is a turn-key, income-generating property at an unbeatable price. Whether you're stepping into homeownership for the first time or growing your investment portfolio, this one checks every box.?? Book your private showing today — opportunities like this don't last! (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
-1.20%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,571
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 Jul 3, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
Madani Halal Meat & Grocery
5008 Whitehorn Dr NE, Calgary, AB T1Y 1V1, Canada
4.8★ · 19 reviews
600 m away
straight-line
Alnoor Halal Meat & Grocery
5075 Falconridge Blvd NE Unit 842, Calgary, AB T3J 3K9, Canada
3.7★ · 118 reviews
850 m away
straight-line
1.3 km away
straight-line
2.8 km away
straight-line
2.8 km away
straight-line
Anatolia Turkish Restaurant – Calgary NE (Main Location)
1440 52 St NE, Calgary, AB T2A 4T8, Canada
4.3★ · 1,844 reviews
3.0 km away
straight-line
Imam Azam Islamic Centre
4821 Westwinds Dr NE Unit #8, Calgary, AB T3J 4L4, Canada
4.8★ · 75 reviews
1.1 km away
straight-line
Ismaili Community Centre And Jamatkhana - Calgary Westwinds
4669 Westwinds Dr NE, Calgary, AB T3J 4L2, Canada
4.8★ · 89 reviews
1.2 km away
straight-line
Baitun-Nur Mosque Ahmadiyya Muslim Jamaat
4353 54 Ave NE, Calgary, AB T3J 4L3, Canada
4.7★ · 562 reviews
1.6 km away
straight-line
Chris Akkerman School | Calgary Board of Education
5004 Marbank Dr NE, Calgary, AB T2A 3J6, Canada
3.0 km away
straight-line
4589 Marbank Dr NE, Calgary, AB T2A 3V8, Canada
3.2 km away
straight-line
Ted Harrison School | CBE
215 Taravista Way NE, Calgary, AB T3J 4L1
3.6 km away
straight-line
Rundle LRT Station (NB 36 ST NE @ 24 AV NE)
Calgary, AB T1Y 4M7, Canada
3.8★ · 59 reviews
2.5 km away
straight-line
Marlborough LRT Station (EB Marlborough DR)
Calgary, AB T2A 5M2, Canada
3.6★ · 21 reviews
3.8 km away
straight-line
NB Marlborough Station
Calgary, AB T2A 4W3, Canada
3.8★ · 44 reviews
3.9 km away
straight-line