Company Model
Mainstreet is a publicly traded (TSX) residential real estate corporation in Canada, focusing on the acquisition
of underperforming mid-market properties below market and replacement value.
Mainstreet’s goal is to become Canada’s leading provider of affordable mid-sized, mid-tiered rental
accommodations – typically properties with fewer than 100 units. In pursuit of this goal, the Corporation
adheres to its six-step Value Chain business model:
Acquisitions
Identify and purchase under-performing rental units at prices well below replacement costs.Capital improvements
Increase the asset value of Mainstreet’s portfolio by renovating acquired properties.Operational efficiencies
Minimize operating costs through professional management, efficient technology and energy-saving equipment.Value Enhancement
Reposition renovated properties in the market as Mainstreet branded products for higher rents, and build and sustain customer loyalty through high levels of service.Financing
Maintain a sound capital structure with access to low-cost, long-term Canada Mortgage and Housing Corporation (“CMHC”) insured mortgage loans.Divestitures
Occasionally sell mature real estate properties to redirect capital into newer, higher potential properties.
