42 Durham Street

FOR SALE
$2,950,000
42 Durham Street, Centre Hastings
42 Durham Street
42 Durham Street
42 Durham Street
42 Durham Street
Commercial Retail
CATEGORY
6,695 Sq Ft
RETAIL AREA
X12935092
MLSID
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Property Description
Incredible cap rate and a 15-year corporate lease with Dollarama. Extensively renovated building comprising 6,695 SF, fully upgraded to the tenant's prototype standards, with the store opening in October 2025. National tenant and publicly traded, Dollarama operates over 1,700 locations across Canada. Located in the heart of downtown Madoc along the primary commercial corridor. This asset offers investors a secure and passive income stream underpinned by one of Canada's top-performing retailers. The property also includes a separately leased three-bedroom apartment at the rear, providing supplementary income.
Property Details
Address
42 Durham Street
Postal Code
K0K 2K0
Property Type
Commercial Retail, Commercial Retail
Use
Retail
Zoning
C1
Lot Size
66' x 170'
Retail Area
6,695 Sq Ft
Taxes
$6,397 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
Outside/Surface
Listing contracted with Lennard Commercial Realty
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