Data was last updated 2026-05-15 at 15:20:07 GMT
$1,200,000

123 Millbank Road SW   Calgary, Alberta

MLS®: A2311352
URL:    
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.

Listing Information

Prop. Type:
Retail (Commercial)
Status:
Active
City:
Calgary
Neighbourhood:
Millrise
Area:
Calgary
Province:
Alberta
MLS® Number:
A2311352
Listing Price:
$1,200,000

General Information

Year Built:
1991

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Location


Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
11, 5080 - 12A STREET S.E., Calgary, Alberta
Office: 403-478-1400
Mobile: 403-478-1400
Fax: 403-592-9201
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.