Property Details

123 Millbank Road SW
Calgary (A2311352)

$1,200,000
2,565 ft²
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Interest Rate
Loan Amount
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* Amounts are estimates only. Final payment amounts may vary.

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.

Property details

Basic Info

MLS® #
A2311352
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Millrise
Price
$1,200,000
Sale/Lease:
For Sale
Size:
2,565 sq.ft.
Year Built:
1991 (35 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Fenced
Basement:
No
Features:
Ceiling Fan(s)
Inclusions:
Fridge, electric stove, hood fan, dishwasher, washer, dryer, all window coverings
Furnished:
Unfurnished

Lot / Land Info

Lot Size:
0 acres
Lot Features:
Corner Lot, Landscaped, Near Public Transit, Near Shopping Center, No Back Lane, Steep Slope, Street Lighting
Legal Land Desc:
33-22-1-W5
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Stucco,Wood Frame
Floors:
Vinyl Plank
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
Central Air

Listing Info

Possession:
Negotiable
Days on Market:
44
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Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

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