123 Millbank Road Southwest
Millrise, Calgary, Alberta T2Y2Y9
$1,200,000
Listed by Royal LePage Benchmark
MLS® A2311352

- Living area
- 2,565 sq ft
- Type
- Retail
- Built
- 1991
About this property
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. (id:67740)
Property details
Building
| Structure | Retail |
|---|---|
| Property type | Retail |
| Ownership | Freehold |
| Year built | 1991 |
| Construction | Wood frame |
| Foundation | Poured Concrete |
Interior
| Above grade finished area | 2,565 square feet |
|---|---|
| Flooring | Vinyl Plank |
| Heating | Forced air, Natural gas |
| Cooling | Central air conditioning |
| Security | Smoke Detectors |
Lot & exterior
| Lot size | 455.04 square meters |
|---|---|
| Lot dimensions | 455.04 |
| Exterior | Stucco |
| Fencing | Fence |
| Zoning description | R-CG |
Parking
| Parking spaces | 12 |
|---|
Fees & taxes
| Annual property taxes | $4,068 |
|---|---|
| Tax year | 2026 |
| Lease frequency | Yearly |
Location
Map location is approximate. Open larger map
Listing brokerage: Royal LePage Benchmark
Listing data last updated November 6, 2026 6:34 am.
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