Skip To Content

123 Millbank Road SW

Calgary, AB T2Y 2Y9
  • $1,200,000
  • STATUS: Active
  • ID#: A2311352
$1,200,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
Built:
1991
Area:

Description

RARE DAYCARE opportunity to purchase or lease a strategically positioned childcare conversion property in the established and family-oriented community of Millrise. This property has received DISCRETIONARY DEVELOPMENT PERMIT approval for a Child Care Service accommodating up to 30 children, conditional upon completion of required building code, municipal, and licensing improvements. This fully developed HILLSIDE BUNGALOW, currently being run as a dayhome, offers over 2,378 SF of functional interior space ideally suited for daycare operations or long-term owner-user investment. The proposed layout includes multiple childcare activity areas, outdoor play space, staff room, universal washroom accessibility, and dedicated pick-up/drop-off functionality. Fully outfitted kitchen with recent upgrades of air conditioning (2025), water softener (2025), new windows & doors (2022), and new roof (2024). Providing an excellent foundation for future improvements and operational customization. The large CORNER LOT features an expansive rear yard, side yard, existing fencing, widened driveway access with ample parking. Convenient proximity to surrounding schools, residential density, major commuter routes, and three nearby LRT stations including Fish Creek–Lacombe, Shawnessy, and Bridlewood. With daycare demand continuing to outpace supply across Calgary, properties with active discretionary approvals are increasingly difficult to secure. This offering presents a unique opportunity to significantly reduce entitlement timelines while positioning your business or investment portfolio within a high-demand childcare market. Ideal for daycare operators, investors, or owner-users seeking a near ready childcare opportunity in a mature southwest Calgary community.

Monthly Payment Calculator

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2026-08-10T00:29:55.937.
www.albertarewts.com/homes/176507948
Print Image

123 Millbank Road SW Calgary, AB T2Y 2Y9

  • Price: $1,200,000
  • Status: Active
  • On Site: Days
  • ID#: A2311352
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1991
Built
Neighbourhood:
Millrise
Area:
Calgary
Property Description
RARE DAYCARE opportunity to purchase or lease a strategically positioned childcare conversion property in the established and family-oriented community of Millrise. This property has received DISCRETIONARY DEVELOPMENT PERMIT approval for a Child Care Service accommodating up to 30 children, conditional upon completion of required building code, municipal, and licensing improvements. This fully developed HILLSIDE BUNGALOW, currently being run as a dayhome, offers over 2,378 SF of functional interior space ideally suited for daycare operations or long-term owner-user investment. The proposed layout includes multiple childcare activity areas, outdoor play space, staff room, universal washroom accessibility, and dedicated pick-up/drop-off functionality. Fully outfitted kitchen with recent upgrades of air conditioning (2025), water softener (2025), new windows & doors (2022), and new roof (2024). Providing an excellent foundation for future improvements and operational customization. The large CORNER LOT features an expansive rear yard, side yard, existing fencing, widened driveway access with ample parking. Convenient proximity to surrounding schools, residential density, major commuter routes, and three nearby LRT stations including Fish Creek–Lacombe, Shawnessy, and Bridlewood. With daycare demand continuing to outpace supply across Calgary, properties with active discretionary approvals are increasingly difficult to secure. This offering presents a unique opportunity to significantly reduce entitlement timelines while positioning your business or investment portfolio within a high-demand childcare market. Ideal for daycare operators, investors, or owner-users seeking a near ready childcare opportunity in a mature southwest Calgary community.
Exterior Features

Construction Materials StuccoWood Frame Fencing Fenced Foundation Details Poured Concrete Frontage Length 32.62M 107`0" Garage YN No Parking Total 12 Roof Asphalt Shingle Structure Type Low Rise (2-4 stories)

Interior Features

Building Area Total SF 2565.00 Cooling Central Air Ensuite YN No Flooring Vinyl Plank Furnished Unfurnished Heating Forced AirNatural Gas Interior Features Ceiling Fan(s)

Property Features

Access To Property Accessible to Major Traffic RouteDirect AccessMajor Shopping NearbyPaved RoadPublicPublic Transportation NearbyTwo-Way Access Additional Parcels YN No Association2 YN No Building Area Total 2565.00 Business Yn No Inclusions Fridgeelectric stovehood fandishwasherwasherdryerall window coverings Lot Features Corner LotLandscapedNear Public TransitNear Shopping CenterNo Back LaneSteep SlopeStreet Lighting Property Sub Type Retail Title Land Fee Simple Township 22 Transaction Type For Sale Zoning R-CG

Listing provided courtesy of Royal LePage Benchmark. © 2026 Pillar 9™. All Rights Reserved.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2026-08-10T00:29:55.937.
 
https://bt-photos.global.ssl.fastly.net/calgary/orig_boomver_2_A2311352-2.jpg https://bt-photos.global.ssl.fastly.net/calgary/orig_boomver_2_A2311352-2.jpg https://bt-photos.global.ssl.fastly.net/calgary/orig_boomver_2_A2311352-2.jpg
Logo
Real Estate World: Trusted Services | LPT Realty
250 2 St SW #1000
Calgary AB, T2P 0C1