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123 Millbank Road SW, Calgary

$50/sq ft/yr

About this property

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.

Essential information

MLS® number
A2311394
Status
Active
Lease rate
$50/sq ft/yr
Property type
Commercial
Type
Retail
Transaction
For Lease
Restrictions
See Remarks
Building area
2,565 sq ft
Lot size
4,898 sq ft
Year built
1991
Structure
Low Rise (2-4 stories)
Listing brokerage
Royal LePage Benchmark
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Vinyl Plank
Features
Ceiling Fan(s)
Included
Fridge, electric stove, hood fan, dishwasher, washer, dryer, all window coverings

Exterior and construction

Construction
Stucco, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Corner Lot, Landscaped, Near Public Transit, Near Shopping Center, No Back Lane, Steep Slope, Street Lighting
Frontage
32.62M 107`0"
Zoning
R-CG

Parking

Total parking
12

Commercial

Retail area
2,375 sq ft

Community

City
Calgary
Province
AB
Postal code
T2Y 2Y9

Where it is

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Approximate location, plotted from the listing’s own coordinates.

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What this space costs per month

Commercial rent is quoted per square foot per year. This turns it into the cheque you actually write — and adds the operating costs, which are quoted separately and routinely add a third again.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The space

$
sq ft

On top of the rent

$

Taken from the listing description. Please confirm it with the listing brokerage before you rely on it — what operating costs include varies by lease.

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An estimate from the figures above, not a quote and not financial advice. Confirm the rent, the operating costs and what is included with the listing brokerage before you rely on any of it — GST, utilities and tenant improvements are not in here. Nothing typed is sent anywhere or saved.

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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