Company Mainstreet Equity Corp.

Equities

MEQ

CA5609151009

Real Estate Development & Operations

Market Closed - Toronto S.E. 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
177.4 CAD -1.30% Intraday chart for Mainstreet Equity Corp. -4.13% +21.52%

Business Summary

Mainstreet Equity Corp. is a Canada-based real estate company. The Company is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings in Western Canada. It owns and manages properties in six Canadian markets: British Columbia (including Vancouver Lower Mainland, Vancouver Island, Okanagan and Northern BC), Calgary (including the City of Airdrie, the City of Lethbridge, and the Town of Cochrane), Edmonton (including the City of Fort Saskatchewan), Saskatoon, Regina and Winnipeg. Its apartments are situated in various location such as Airdrie, Calgary, Cochrane, Edmonton, Abbotsford, Chilliwack, Courtenay, Kamloops, New Westminster, Penticton, Prince George, Surrey, Vernon, Winnipeg, Regina and Saskatoon. The Company provides incentives and rentals for Foreign Students attending school in Canada. It also provides student housing facilities, including MacEwan University, University of Alberta, NAIT and NorQuest College.

Number of employees: 526

Sales per Business

CAD in Million2022Weight2023Weight Delta
Rental
97.6 %
177 97.8 % 205 97.6 % +16.00%
Ancillary Rental
1.5 %
3 1.4 % 3 1.5 % +26.03%
Other Rental
0.9 %
1 0.8 % 2 0.9 % +38.60%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
100.0 %
181 100.0 % 207 100.0 % +14.53%

Managers

Managers TitleAgeSince
Founder - 97-05-20
Director of Finance/CFO - 08-11-30
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - 01-12-31
Director/Board Member - 00-03-30
Sales & Marketing - 14-12-31
Comptroller/Controller/Auditor - -
Human Resources Officer - -

Members of the board

Members of the board TitleAgeSince
Founder - 97-05-20
Director/Board Member - 00-03-30
Director/Board Member - 07-04-23
Director/Board Member - 05-01-26
Director/Board Member 57 07-04-23
Director/Board Member - 11-04-23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 9,318,818 4,758,290 ( 51.06 %) 0 51.06 %

Shareholders

NameEquities%Valuation
4,317,000 46.33 % 602 M $
Sentry Investments, Inc.
2.196 %
204,680 2.196 % 29 M $
188,410 2.022 % 26 M $
Fiera Holdings, Inc.
0.8048 %
75,000 0.8048 % 10 M $
ATB Investment Management, Inc.
0.3491 %
32,536 0.3491 % 5 M $
17,200 0.1846 % 2 M $
15,933 0.1710 % 2 M $
SEI Investments Canada Co.
0.0767 %
7,149 0.0767 % 996 821 $
5,775 0.0620 % 805 237 $
John Irwin
0.0215 %
2,000 0.0215 % 278 870 $

Company contact information

Mainstreet Equity Corp.

10 Avenue SE Suite 305

T2G 0W2, Calgary

+403-215-6060

http://www.mainst.biz
address Mainstreet Equity Corp.(MEQ)
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