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Home›Search›248 MILLVIEW SQ SW

248 MILLVIEW SQ SW

MILLRISE

$776,500

Current assessed value

Property

Property Details

Building Type

Detached

Year Built

2000

Land Size (sq ft)

4,410

Assessment Value & Trend

History of assessed value for this property

$776,500

Permits & Renovations

2 permits on record

DateTypeEst. costStatusDescription
Nov 29, 2004Building$12,247CompletedBasement Dev
Nov 3, 2000Building$147,756CompletedSFD,FIREPLACE,GARAGE,DECK,PORCH,
Total estimated spend(2 permits)$160,003

Basement & Legal Suite

Is Finished

Yes

Is Legal Suite

No

Community context

Low Competition

There are 33 registered legal suites in MILLRISE. Competition for basement rentals in this community is low.

With low competition in the area, legalizing a basement suite on this property could be a worthwhile investment. Renter demand may exceed available legal units.

Rental opportunity

As of Aug 3, 2026

Active rents in MILLRISE from RentFaster. Median rents below combine all bedroom sizes for each dwelling type.

Overall

$1,995

13 listings

Median apartment

$2,100

7 listings

Median townhouse

$1,950

1 listing

Median house

$2,475

2 listings

Median basement

$1,199

3 listings

Bedroom breakdown for this parcel type and basement suites. Click a listing count to open the ads.

House rents by bedrooms

Monthly asking rents for house listings in MILLRISE.

3 bed

Min

$2,450

Max

$2,450

Median

$2,450

Avg

$2,450

4+ bed

Min

$2,500

Max

$2,500

Median

$2,500

Avg

$2,500

Basement suite rents by bedrooms

This property has a finished or legal basement. Monthly asking rents for basement listings in MILLRISE.

1 bed

Min

$900

Max

$1,199

Median

$1,050

Avg

$1,050

2 bed

Min

$1,295

Max

$1,295

Median

$1,295

Avg

$1,295

Proximity to Amenities

Nearest LRT

1.7 km

Fish Creek-Lacombe LRT Station WB

Bus Stop 1

210 m

SB Millrise DR @ Millview RD SW

Bus Stop 2

230 m

NB Millrise DR @ Millcrest WY SW

Bus Stop 3

300 m

NB Millrise DR @ Shawnessy BV SW

Downtown

14.2 km

Central Memorial Park

Fitness

1.4 km

F45 Training Shawnessy

fitness

Costco

4.2 km

Costco

Costco

Grocery

2.5 km

Safeway

Safeway

Home Improvement

2.5 km

Canadian Tire

Canadian Tire

Elementary

580 m

Our Lady of Peace Elementary Junior High School

The Calgary Roman Catholic Separate School Division

Junior High

580 m

Our Lady of Peace Elementary Junior High School

The Calgary Roman Catholic Separate School Division

Senior High

3.0 km

Bishop O'Byrne High School

The Calgary Roman Catholic Separate School Division

Environmental Factors

Flood zones, emergency-service noise, shelter proximity, and hail exposure for this property and its community.

Flood Hazard

Calgary 1:100 year regulatory map

1.4 km

to nearest zone / facility

Normal River Channel

 

Hail Hazard Risk

Historical storm exposure

Low

community historical rating

MILLRISE

 

Emergency Noise

Hospitals, fire & EMS stations

1.9 km

to nearest zone / facility

Station 37

Fire station

Emergency Shelter

Permanent Calgary shelter sites

13.9 km

to nearest zone / facility

Alpha House

 

Proximity to emergency shelters may correlate with higher foot traffic. This is a lifestyle indicator, not a crime or safety score.

Nearby assessed values

See how this property compares to neighbours on the same block and in the wider surrounding area.

This property

$776,500

Lowest nearby

$664,000

249 MILLVIEW SQ SW

Average nearby

$735,000

Highest nearby

$855,000

260 MILLVIEW SQ SW

Based on 10 residential properties within 50 m · 2026 assessment roll.

This property is assessed above the nearby average.

Location

Community Overview

Community Name

MILLRISE

Total Properties

3,234

Population

6,655

Crime Rate Trend

Reported incidents in 2018–2025

57 incidents in 2025 · Crime down 37% from 2018

Income

Median income

Compared to Calgary average where available

Household

$98,000

Calgary avg: $98,000

Individual

$44,400

Calgary avg: $44,400

Male individual

$49,600

Calgary avg: $50,400

Female individual

$40,400

Calgary avg: $39,600

Housing

Owners vs renters

% of households by tenure vs Calgary

Housing affordability

% of households by shelter cost burden vs Calgary

Diversity

Immigration status

% of population by immigration status vs Calgary

Religious affiliation

% of population by religion vs Calgary

Education

Education levels

% of population aged 15+ by credential vs Calgary

Languages

Top mother tongues

First language learned at home

RankThis communityCalgary average
1Tagalog (Pilipino, Filipino)Punjabi (Panjabi)
2SpanishTagalog (Pilipino, Filipino)
3MandarinYue (Cantonese)
4RussianMandarin
5RomanianSpanish

Immigration

Top countries of birth

Where immigrants in this community were born

RankThis communityCalgary average
1PhilippinesPhilippines
2IndiaIndia
3United KingdomChina
4ChinaUnited Kingdom
5Other places of birth in AsiaPakistan

View full community profile

See all remaining demographics, housing, transportation, and employment details for MILLRISE.

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