$1,200,000.00 2,565 Sq.ft

123 Millbank Road SW, Calgary. T2Y 2Y9

Description

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:Commercial
Status:Active
MLS #:A2311352
City:Calgary
Neighbourhood:Millrise
Province:Alberta
Building/Unit Size: 2,565 sq.ft
Land Size:0.11 Acre
Listing Price:$1,200,000.00
Lease Rate: $50.00 Annually
Business Type:
Property Subtype:Retail
Transaction Type:For Sale
Land Use Code:R-CG
Listing Contract Date:2026-05-13

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Royal LePage Benchmark" listing brokerage.

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