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You can make anywhere from a few hundred to a few thousand dollars per month. Can I use Canva elements, fonts, or images free or pro on my templates? Yep, you can! But just as a good practice, I prefer to use only free elements and free fonts in my templates. That way, even if a buyer doesn't have Canva pro, they're still able to use the templates with a free Canva account. If you use pro elements, to use them, but they won't be able to download the design without upgrading to Canva Pro—creating additional cost on their end. Is it legal to sell Canva templates? Absolutely.
Just make sure that the templates you're selling are, in fact, designed by you, and not an photo editing servies edited version of someone else's template, or any of Canva's templates from their template library marketplace. What other legal matters should I be aware of? The same as running any business. I can't give those advice here because business rules and legal matters vary from state to state in the US and then country to country. Do you need to pay taxes.

Find out income thresholds to see if you need to. Do you need to collect sales taxes? Find out if digital goods are tax collectible or not from your local government website. Do you need to register as a business or can you pay taxes as self employed? Those are also things you have to find out from your local government. Who buys Canva templates? Anyone who has a business or uses social media is a potential customer.
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