123 Millbank Road Sw, Calgary, Alberta

$1,200,000

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0.11

Acres

About 123 Millbank Road Sw

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.

Features of 123 Millbank Road Sw

MLS® # A2311352
Price $1,200,000
Acres 0.11
Year Built 1991
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 123 Millbank Road Sw
Subdivision Millrise
City Calgary
County Calgary
Province Alberta
Postal Code T2Y 2Y9

Amenities

Parking Spaces 12
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s)
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Lot Description Corner Lot, Landscaped, Near Public Transit, Near Shopping Center, No Back Lane, Steep Slope, Street Lighting
Roof Asphalt Shingle
Construction Stucco, Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed May 13th, 2026
Days on Market 65
Zoning R-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRoyal LePage Benchmark

Listing Map

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