July 27, 2021
Mainstreet continued to see improvement across all key metrics in Q3 2021, achieving our second consecutive quarter of double-digit growth in funds from operations ("FFO") and a steady increase in...
2000-2021
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Stock Chart
Market Summary
Press Release
May 27, 2021
Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX: MEQ) today announced that the Toronto Stock Exchange ("TSX") has accepted its notice of intention to make a normal course issuer...
May 10, 2021
Even under immensely challenging operating conditions in Q2 2021, Mainstreet managed to achieve growth across all of our key metrics. Funds from operations ("FFO") increased 11% compared with last...
Property Portfolio
The entirety of Mainstreet's portfolio is Western Canada based. With large holdings in the major centres of Edmonton and Calgary, AB; Surrey and Abbotsford, BC; and, Saskatoon and Regina, SK.
Mainstreet has significant market share in a number of its operating cities: 28% Surrey, BC;Â 21% Abbotsford, BC; and, 15% Saskatoon, SK.
Calgary and Edmonton portfolios are represented by significant inner-city holdings. Including Central and ICE District in Edmonton, and Beltline communities in Calgary. These properties are particularly attractive to Millennials, and students attending secondary education institutions. Smaller cities such as Saskatoon and Regina, SK; Lethbridge, AB; Kamloops, BC and Abbotsford, BC, also have large student populations.Â
Mainstreet is constantly active in new property assessment and acquisitions in all of it operating cities, and monitors and evaluates the upside to enter into new markets under the right conditions.
15,022
Total Number of Units
17
Cities
Courtenay, BC
131
Total Number of Units
Courtenay, BC Number of Units 131
New Westminster, BC
74
Total Number of Units
New Westminster, BC Number of Units 74
Surrey, BC
1,691
Total Number of Units
Surrey, BC Number of Units 1,691
Abbotsford, BC
976
Total Number of Units
Abbotsford, BC Number of Units 976
Chilliwack, BC
160
Total Number of Units
Chilliwack, BC Number of Units 160
Kamloops, BC
66
Total Number of Units
Kamloops, BC Number of Units 66
Penticton, BC
62
Total Number of Units
Penticton, BC Number of Units 62
Vernon, BC
47
Total Number of Units
Vernon, BC Number of Units 47
Cochrane, AB
59
Total Number of Units
Cochrane, AB Number of Units 59
Calgary, AB
3,056
Total Number of Units
Calgary, AB Number of Units 3,056
Airdrie, AB
36
Total Number of Units
Airdrie, AB Number of Units 36
Edmonton, AB
5,043
Total Number of Units
Edmonton, AB Number of Units 5,043
Fort Saskatchewan, AB
32
Total Number of Units
Fort Saskatchewan, AB Number of Units 32
Lethbridge, AB
234
Total Number of Units
Lethbridge, AB Number of Units 234
Saskatoon, SK
2,330
Total Number of Units
Saskatoon, SK Number of Units 2,330
Regina, SK
938
Total Number of Units
Regina, SK Number of Units 938
Winnipeg, MB
87
Total Number of Units