42 Durham St S, Centre Hastings, Madoc, Ontario
$2,950,000
New
MLS® Number: X12935090
1 / 5
Key Facts
Bathrooms
0
Square Feet
6695
Property Type
Investment
Style
Retail
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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.
Listing History
| Date | Price | Status |
|---|---|---|
| 19 days ago | $2,950,000 | New |
| about 2 months ago | $3,125,000 | Ter |
| about 2 months ago | $3,125,000 | Ter |
| almost 2 years ago | $599,900 | Sld |
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