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$1,200,000
56 Days On Site

123 Millbank Road SW
Calgary, AB T2Y 2Y9

For Sale|Retail|Active
0
Beds
0
Total Baths
2,565
SqFt
$468
/SqFt
1991
Built
Subdivision:
Millrise
County:
Calgary

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403-775-6950
123 Millbank Road SW123 Millbank Road SW123 Millbank Road SW123 Millbank Road SW
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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.

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Listing Snapshot
Price 
$1,200,000
Days On Site 
56 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,565 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1991
MLS® Number 
A2311352
Status 
Active
Property Tax 
$4,068
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.11
Parking 
Additional Parking
Parking Spaces 
12
Property Sub Type 
Retail
SqFt Total 
2565
Zoning 
R-CG
Interior Features
Cooling 
Central Air
Flooring 
Vinyl
Furnished 
Unfurnished
Heating 
Forced AirNatural Gas
Interior 
Ceiling Fan(s)Storage
Laundry Features 
Laundry Room
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Exterior Features
Construction Details 
StuccoFrame
Fencing 
Fenced
Frontage 
32.62M 107`0"
Lot Features 
Corner LotLandscapedNear Public TransitSteep SlopeSloped
Roof 
ShingleAsphalt
Community Features
Township 
22
Listing courtesy of Maxine Morrison of Royal LePage Benchmark

Listing information is provided by Participants of the Alberta One Realty Listing Services (Pillar 9). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Alberta One Realty Listing Services (Pillar 9)
Last checked 2026-07-10 02:58 AM UTC

Neighborhood & Commute
Source: Walkscore
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