42 Durham St S, Madoc, K0K 2K0

Listing Overview

Description

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.

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On Market

Investment

Property Type

$6,397 / Year

Est. Taxes

Retail

Style

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Business Type

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Franchise