42 Durham Street
Centre Hastings, ON
6,695 sqft • Commercial Retail • 280 days on market
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.
Listing Details
- Taxes (2025)
- $6,397
- Listed
- November 20, 2025
Price History
Listing history
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Property
- Lot Size
- 65.72 x 169.93 Feet
Location & Legal
- Cross Street
- Durham St S/ St Lawrence St W
- Zoning
- C1
- Parcel Number
- 401900107
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Community
Postal area K0K
- Population
- 115,850
- Private dwellings
- 53,153
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Centre Hastings · last 12 months
- Median sold price
- $487,500
- Homes sold
- 86
- Median days on market
- 36
- Sale-to-list price
- 95.5%
Based on 86 recorded sales of commercial properties in Centre Hastings over the last 12 months.
Listed by
LENNARD COMMERCIAL REALTY
Location
Commercial figures
- Building area
- 6,695 sq ft
- Price per sq ft
- $466.77
- Annual property tax
- $6,397
- Tax per sq ft
- $0.96
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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