Different URL depending on taxonomy?

Is it possible to create a custom post type with 2 custom taxonomies that will have different URL depending on the taxonomy?

Let’s say I have created “custom_post” and assigned it to both taxonomies:

This is the structure I would love to have:

And then connect these to the custom template page-taxonomy_one.php & page-taxonomy_two.php depending on that URL to display a different layout.

So main question will be IS this possible? If yes, how 🙂