August 11, 2025 / By: Mainstreet Equity Corp

Mainstreet Delivers 15th Straight Quarter of Double-Digit Growth

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Mainstreet has once again outperformed in a challenging market, posting our 15th consecutive quarter of double-digit year-over-year growth. With $815 million in trigger-ready liquidity, we are positioned to convert today’s uncertainty into tomorrow’s opportunity.

“Despite persistent uncertainty — from global trade disruptions to changing policies — Mainstreet has continued to perform and grow.”
Bob Dhillon, Founder & CEO

Key Q3 2025 highlights

✔️ NOI up 16 % to $47.0 million
✔️ FFO up 10 % to $24.3 million after tax (17 % before tax)
✔️ Rental revenue up 10 % to $69.7 million
✔️ Operating margin climbed to 67.5 % (67.9 % on same-asset basis)
✔️ Liquidity: $815 million available for counter-cyclical acquisitions
✔️ YTD Acquisition: 387 units for $49 million
✔️ Average mid-market rent: $1,250, serving the broadest segment of Canadian renters

“While we kept our powder relatively dry in the first two quarters, Mainstreet is ready to unleash $815 million of liquidity to drive the next wave of counter-cyclical growth going into 2026.”
Bob Dhillon, Founder & CEO

We remain committed to supplying quality, affordable homes across Western Canada and to delivering non-dilutive growth for shareholders.

🔍 Q3 2025 Investor Resources

Thank you for your continued support. With Q3 2025 behind us, we remain focused on creating value, optimizing our portfolio, and delivering excellence.

If you have any questions or would like to discuss these strategies further, feel free to reach out.

Warm regards,

Mainstreet Equity Corp.