In 1930, a plot next to the school was bought and was transformed into a playground. At the same time, at the southern part of the playground a swimming pool was constructed with the help of benefactor Peter Crete. Crete was a fabulously rich Roman Catholic Armenian Merchant with huge interests in real estate and a pioneer in the coal mining industry in Raniganj, West Bengal, India. Besides his huge donations for the benefit of the Calcutta Armenian Community, Peter Crete bought the San Lazaro Islands, Venice, Italy which became the foremost institute of Armenian culture, and is the Monastery of the Mekhitarist monks of San Lazaro. The swimming pool donated by Peter Crete still exists and is used by both boys and girls of the College.
On 22nd October 2016 the Armenian College and Philanthropic Academy celebrated the inauguration of its newly renovated swimming pool.
There was an atmosphere of joy and happiness created in the school. This ceremony was even more enjoyable when we received the Members of the Armenian Church committee Mrs. Suzan Ruben, Mr. Sunil Sobti, Mr. Peter Hayrapet and others. The opening ceremony was initiated by Very Rev. Father Movses Sargsyan whose hard work and blessings are encouraging the students and even having a great role in the development of the College.