May 9 (Reuters) - Mainstreet Equity Corp MEQ.TO :
* Mainstreet Equity Corp. Releases its Q2 2017 results
* Purchased 245 units of residential apartments for $23.1 million ($94,000 per unit) in Q2 2017
* Qtrly rental revenues increased 3 pct to $26 million, compared with $25.3 million in Q2 2016
* In Q2 2017, FFO increased 5 pct to $7.2 million, compared with $6.9 million in Q2 2016
* Excluding one-time items, qtrly FFO decreased 30 pct to $5.0 million, compared with $7.1 million in Q2 2016. Source text for Eikon: Further company coverage: MEQ.TO