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$50
A2311394 MLS® #
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.

123 Millbank Road Sw, Calgary

Courtesy of Royal LePage Benchmark.
$1,200,000
A2311352 MLS® #
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.

123 Millbank Road Sw, Calgary

Courtesy of Royal LePage Benchmark.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. 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. Used under license. Data last updated: .