There are multiple listings for this address:
123 Millbank Road SW
Calgary, AB, T2Y 2Y9
$1,200,000
Beds
0 Baths
SqFt
0.11 Acres
Add
MLS #A2311352 image #0
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 &#38' 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.

Property Details

Price:
$1,200,000
MLS #:
A2311352
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Retail
Subdivision:
Millrise
Listed Date:
May 13, 2026
Lot Size:
4,898 sqft / 0.11 acres (approx)
Year Built:
1991
MillriseCorner Lot,landscaped,near Public Transit,near Shopping Center,no Back Lane,steep Slope,street Lighting

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Schools

Interior

Exterior

Lot Features
Corner Lot, Landscaped, Near Public Transit, Near Shopping Center, No Back Lane, Steep Slope, Street Lighting
Parking Total
12
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Commercial in Calgary as of May 23, 2026
730
Commercial Listed
128
Avg DOM
$727,226
Avg List Price

Property Summary

    Located in the Millrise subdivision, 123 Millbank Road SW Calgary AB is a Commercial for sale in Calgary, AB, T2Y 2Y9. It is listed for $1,200,000 To schedule a showing of MLS#a2311352 at 123 Millbank Road SW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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123 Millbank Road SW
Calgary, AB
123 Millbank Road SW
Calgary, AB, T2Y 2Y9
$50
Beds
0 Baths
SqFt
0.11 Acres
Add
MLS #A2311394 image #0
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 &#38' 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.

Property Details

Price:
$50
MLS #:
A2311394
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Retail
Subdivision:
Millrise
Listed Date:
May 13, 2026
Lot Size:
4,898 sqft / 0.11 acres (approx)
Year Built:
1991
MillriseCorner Lot,landscaped,near Public Transit,near Shopping Center,no Back Lane,steep Slope,street Lighting

Ask a Question

See this Listing

Send
  

Schools

Interior

Exterior

Lot Features
Corner Lot, Landscaped, Near Public Transit, Near Shopping Center, No Back Lane, Steep Slope, Street Lighting
Parking Total
12
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Commercial in Calgary as of May 23, 2026
730
Commercial Listed
128
Avg DOM
$727,226
Avg List Price

Property Summary

    Located in the Millrise subdivision, 123 Millbank Road SW Calgary AB is a Commercial for sale in Calgary, AB, T2Y 2Y9. It is listed for $50 To schedule a showing of MLS#a2311394 at 123 Millbank Road SW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

Similar Listings Nearby

broker reciprocity
MLS# A2311095broker reciprocity
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Calgary, AB

$45

2.6 miles away