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Home Communities Millrise 123 Millbank Road SW
$50 Active
123 Millbank Road SW · Calgary · T2Y 2Y9
bd ba 2,565 sqft Built 1991
MLS® A2311394 · Listed May 13, 2026
Listed by Royal LePage Benchmark — Maxine Morrison
By the numbers

How this listing measures up

$/sqft
vs Millrise median -100% community avg $540K
Sqft per bedroom
Year built 1991
Annual taxes $4,068 2026
Millrise avg DOM 39d
$/sqft distribution

Where this listing sits in Millrise

Of 20 active residential listings in Millrise, this property at $0/sqft sits in the $0–50 range.
$0–$50/sqft · 0 listings $50–$100/sqft · 0 listings $100–$150/sqft · 0 listings $150–$200/sqft · 0 listings $200–$250/sqft · 1 listing $250–$300/sqft · 1 listing $300–$350/sqft · 5 listings $350–$400/sqft · 7 listings $400–$450/sqft · 4 listings $450–$500/sqft · 1 listing $500–$550/sqft · 0 listings $550–$600/sqft · 0 listings $600–$650/sqft · 1 listing $0 $100 $200 $300 $400 $500 $600 $650 This · $0
Other active listings This listing's price range This listing

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.

Property details

HeatingForced Air,Natural Gas
CoolingCentral Air
FlooringVinyl Plank
Interior featuresCeiling Fan(s)
InclusionsFridge, electric stove, hood fan, dishwasher, washer, dryer, all window coverings
Lot size4898.00 sqft
Frontage107.03 ft
Lot featuresCorner Lot,Landscaped,Near Public Transit,Near Shopping Center,No Back Lane,Steep Slope,Street Lighting
FencingFenced
Year built1991
Construction materialsStucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking total12
Annual taxes$4,068
Tax year2026
PossessionNegotiable
ZoningR-CG
TitleFee Simple
RestrictionsSee Remarks
NeighbourhoodMillrise
List AORCalgary

Location

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About Millrise

AI-generated summary

Millrise is a quiet, established suburban community in southwest Calgary known for its family-friendly streets, mature landscaping, and relaxed residential atmosphere.

Adjacent to Fish Creek Provincial Park, one of Canada's largest urban parks
Millrise CTrain station provides direct LRT service to downtown
Established in the early 1990s as part of southwest Calgary's expansion
Housing
Housing stock is primarily single-family detached homes and townhouses built largely in the 1990s, with some semi-detached and low-rise condo options.
Transit
Millrise is served by the Millrise CTrain station on the Somerset-Bridlewood line, offering convenient LRT access to downtown Calgary.
Amenities
Residents enjoy nearby shopping at Shawnessy Town Centre, Fish Creek Provincial Park for outdoor recreation, and a variety of restaurants and services along Macleod Trail.
Who lives here
The community attracts families, long-term homeowners, and commuters who value quick transit access and proximity to Fish Creek Park.
Full Millrise community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Royal LePage Benchmark — Maxine Morrison.