Centurion Apartment REIT Announces the Acquisition of a Multi-Family Property in Sainte-Thérèse, Québec

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the closing acquisition of Axcès Ste-Thérèse, a brand-new multi-family apartment located at 301 Claude-Dagenais, Sainte-Thérèse, Québec. This acquisition represents the third and final phase of the development on the site, with the first two phases acquired by Centurion last year.

The 6-storey apartment complex, built with urban and refined architecture, consists of 84 suites that come in a variety of floorplans including bachelor, one-bedroom, one-bedroom plus den, two-bedroom, two-bedroom plus den, three-bedroom, and three-bedroom plus den units. The suites feature trendy finishes and stainless-steel appliances. Residents have access to excellent common spaces including a gym, outdoor terraces, and an outdoor swimming pool.

“We’re pleased to be adding Axcès Ste-Thérèse to our growing Québec portfolio and taking full ownership of the site,” commented Greg Romundt, Centurion President and CEO. “The prime location and all-inclusive rental concept is ideal for mature professionals looking for an exceptional living experience and will complement the existing two phases extremely well.”

The property is located in the heart of Ste-Thérèse, at the corner of Place Claude-Dagenais and Boulevard Ducharme, in a desirable neighborhood with access to many shops and municipal parks. Highways 15, 640 and 117 are nearby, as well as a commuter train station to Montreal.

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