Welcome to a rare find that beautifully blends spacious family living with impressive income potential. This thoughtfully updated home boasts nearly 3,000 sq ft of developed space, making it the perfect choice for multi-generational families, savvy investors, or anyone seeking flexible living options. Currently generating $2,000/month in rental income from 3 rented rooms, this home is already working for you!
Inside, you'll find 6 large bedrooms, 3 full bathrooms, and soaring high ceilings that create a light and open atmosphere throughout. The heart of the home features a stunning solarium—a bright, sun-soaked retreat that opens to the spacious, private backyard, ideal for relaxing or entertaining. There is also plenty of room in the big backyard for a potential second suite, offering even more income-generating opportunities or additional living space.
Downstairs, a fully self-contained walkout basement offers its own private entrance, complete with separate laundry, a full bathroom, and a well-equipped kitchen featuring modern white counters and a stylish smart white backsplash. Perfect for extended family, tenants, or an independent illegal-suite setup.
You’ll appreciate the attention to detail in the $100,000 worth of renovations over the past five years, including a 7-foot treated fence that enhances both privacy and curb appeal. This corner lot offers abundant parking for up to 8 vehicles, making it convenient for multiple tenants or larger families. For hobbyists or storage lovers, the insulated 22' x 24' garage offers ample room for vehicles, tools, and workspace.
Located close to parks, schools, shopping, and public transportation, this home checks all the boxes for location, lifestyle, and long-term value.
Address
56 Templewood Road NE
List Price
$699,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
4 Level Split
Area
Calgary NE
Sub-Area
Temple
Bedrooms
6
Bathrooms
3
Floor Area
1,554 Sq. Ft.
Lot Size
6146 Sq. Ft.
Year Built
1979
MLS® Number
A2204285
Listing Brokerage
eXp Realty
Basement Area
Separate/Exterior Entry, Full, Suite
Postal Code
T1Y 4G9
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Few Trees, Garden, Schools Nearby, Shopping Nearby, Park, Playground, See Remarks