42 Durham Street South

FOR SALE: New Dollarama | 15 Year Lease

Lennard Commercial Realty, Brokerage (“the Advisor”) has been retained on an exclusive basis by the 

Vendor to offer for sale a 100% freehold interest in a newly renovated retail property located at  

42 Durham Street South, Madoc, Ontario (the “Property”).

This offering represents a core long-term investment opportunity secured by a brand-new 15-year 

corporate lease with Dollarama L.P., one of Canada’s most recognized and resilient discount retailers. 

Dollarama has demonstrated exceptional growth and stability in recent years, continuing to outperform 

the broader retail sector as value-oriented shopping remains in strong demand amid a challenging 

economic environment.

The Property comprises a 6,695 square foot Dollarama store and a separately leased three-bedroom 

residential unit at the rear of the building. The site is situated on a 0.26-acre lot and was extensively 

upgraded and modernized in 2025 to meet Dollarama’s latest prototype standards.

With minimal landlord responsibilities, a national covenant, and a newly completed renovation, this 

asset offers investors a secure and passive income stream underpinned by one of Canada’s  

top-performing retailers