Active Listing

123 Millbank Road SW

123 Millbank Road SW, Calgary

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$50Price
2,565Sq Ft

Exceptional DAYCARE opportunity to LEASE (NNN) or purchase a strategically located daycare conversion property in the established SW community of Millrise.

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Exceptional DAYCARE opportunity to LEASE (NNN) or purchase a strategically located daycare conversion property in the established SW community of Millrise. Received discretionary DEVELOPMENT PERMIT APPROVAL for a Child Care Service for up to 30 children, conditional upon completion of required building code, municipal, and licensing improvements. This fully developed hillside bungalow, currently a dayhome, offers over 2,375 SF of functional space ideal for childcare operations, including multiple activity rooms, outdoor play area, dedicated pick-up/drop-off access, and convenient connectivity to Fish Creek–Lacombe, Shawnessy, and Bridlewood LRT stations. Includes a fully outfitted kitchen, air conditioning (2025), water softener (2025), new windows & doors (2022), and new roof (2024). The approved daycare plans include outdoor play areas, staff space, universal washroom accessibility, and operational layouts designed for childcare functionality. GC quote is available upon conditional offers. All required permitted use improvements will be responsibly of the tenant. BASE RENT is $50psf PLUS OPERATING COSTS and UTILITIES. An outstanding opportunity for experienced daycare operators seeking a well-located property with development permit approvals already in place, helping reduce entitlement timelines and accelerate opening potential.

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Ceiling Fan(s)

Specifications

Property Details

Property TypeCommercial
Property SubtypeRetail
StructureLow Rise (2-4 stories)
Transaction TypeFor Lease
Living Area2,565 sq ft
Building Area2,565 sq ft
Lot Size4,898 sq ft
Lot Acres0.1100
Year Built1991
Parking Total12
HeatingForced Air,Natural Gas
CoolingCentral Air
FlooringVinyl Plank
Interior FeaturesCeiling Fan(s)
RoofAsphalt Shingle
ConstructionStucco,Wood Frame
FoundationPoured Concrete
FencingFenced
Lot FeaturesCorner Lot,Landscaped,Near Public Transit,Near Shopping Center,No Back Lane,Steep Slope,Street Lighting
Floor LocationGround
Annual Taxes$4,068 (2026)
ZoningR-CG
PossessionNegotiable
Occupant TypeOwner
Title / LandFee Simple
InclusionsFridge, electric stove, hood fan, dishwasher, washer, dryer, all window coverings
Days on Market7
ListedMay 13, 2026
NeighbourhoodMillrise
DistrictCAL Zone S
MLS NumberA2311394
The Location

Millrise

123 Millbank Road SW, Calgary, Alberta, T2Y 2Y9

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Royal LePage Benchmark.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2026 are $4,068. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2311394. Listed May 13, 2026. Listed by Royal LePage Benchmark.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: June 9, 2026.