December 7, 2020
Despite the global pandemic persisting for much of fiscal 2020, Mainstreet still managed to achieve year-over-year double-digit growth in funds from operations ("FFO") in 2020, increasing 11% from...
2000-2019
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Stock Chart
Market Summary
Press Release
August 11, 2020
The global pandemic continued to spread economic uncertainty in the third quarter of 2020. For Mainstreet, that meant shifting our priorities from financial performance toward furthering our...
June 23, 2020
As the COVID-19 pandemic stuck near the end of Q2, Mainstreet shifted its priorities from financial performance toward social responsibility, in order to ensure the health and safety of our team...
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.
13,758
Total Number of Units
13
Cities
New Westminster, BC
84
Total Number of Units
New Westminster, BC Number of Units 84
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
Kamloops, BC
66
Total Number of Units
Kamloops, BC Number of Units 66
Cochrane, AB
59
Total Number of Units
Cochrane, AB Number of Units 59
Calgary, AB
2,696
Total Number of Units
Calgary, AB Number of Units 2,696
Airdrie, AB
36
Total Number of Units
Airdrie, AB Number of Units 36
Edmonton, AB
4,530
Total Number of Units
Edmonton, AB Number of Units 4,530
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
2,329
Total Number of Units
Saskatoon, SK Number of Units 2,329
Regina, SK
938
Total Number of Units
Regina, SK Number of Units 938
Winnipeg, MB
87
Total Number of Units