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TSE:MEQ
Mainstreet Equity Corp (MEQ.TO)
168.20
-1.05 (0.62%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
11 watching
Financials 
Technical Analysis 0
PAST TOP PICK
(Top pick, February 16, 2007. Down 29%) Not much has changed with their story. Had weakness in terms of their occupancy numbers. They assure they will be back on track by the end of this year. Would add at these levels.
Dennis Mitchell, CFAOwned
property mngmntinvestment
PAST TOP PICK
(A Top Pick Feb 16/07. Down 13.4%.) The only risk factor with this is the shortage of skilled labour in Western Canada, which they need for renovations on acquired properties. NAV is in the $20 range. Still likes and is still a Buy.
Dennis Mitchell, CFAOwned
property mngmntinvestment
BUY
One of his favourite names. CEO owns about 40% of the company. They buy C & D multi-rent properties, primarily in Western Canada, and reposition them into B assets. Significant exposure in Edmonton. At $15, you are $4 or $5 below NAV. significant internal growth potential.
Dennis Mitchell, CFAOwned
property mngmntinvestment
PAST TOP PICK
TOP PICK
A rapidly growing consolidator of mid-market apartments, primarily in Calgary and Edmonton. Increased their units from 300 in 1998 to over 5000.
Kyle McKayOwned
property mngmntinvestment
TOP PICK
Multi-residential play focused on Calgary, Edmonton, Surrey, Saskatoon and Toronto. Management, which owns 40% of the company, buys properties well below replacement costs, upgrades them and has increased rentals by 40%.
Dennis Mitchell, CFAOwned
property mngmntinvestment
TOP PICK
Multi-residential real estate operating Corporation. No distribution. Focuses on B and C properties in 4 locations. A tremendous net asset appreciation story.
Dennis Mitchell, CFAOwned
property mngmntinvestment
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