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42 Durham St 6,695 SF Retail Building Madoc, ON K0K 2K0 $3,125,000 CAD ($466.77 CAD/SF)
EXECUTIVE SUMMARY
Extensively renovated retail building comprising a 6,695 SF Dollarama store, fully upgraded in 2025 to the tenant's newest prototype standards. Brand-new 15-year corporate lease with Dollarama L.P., with the store opening in October 2025. National covenant with roughly 1,700 stores across Canada. Located in the heart of downtown Madoc along the primary commercial corridor. The property also includes a separately leased three-bedroom apartment at the rear, providing supplementary income (representing approx. 3.50% of base rental income). Strong long-term investment supported by a top national discount retailer with a proven track record of resilience and market performance in challenging economic conditions. This asset offers investors a secure and passive income stream underpinned by one of Canada's top-performing retailers.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,695 SF
Building Class
C
Year Built/Renovated
1990/2025
Price
$3,125,000 CAD
Price Per SF
$466.77 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.59
Lot Size
0.26 AC
Zoning
C1 - Commercial
NEARBY MAJOR RETAILERS
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42 Durham St
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