Centurion Apartment REIT Announces the Acquisition Completion of the Luxury Student Housing Property in Waterloo, Ontario
September 23, 2021
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the completion of the acquisition of the remaining 50% ownership interest of the student housing property in the heart of Waterloo, Ontario.
“One Columbia is conveniently located minutes from the University of Waterloo & Wilfrid Laurier University, offering students an affordable and luxurious home in a prime location," commented Greg Romundt, Centurion President and CEO.
The 22-storey high-rise student housing property has 370 units comprising of 74 five-bedroom suites along with street accessible retail units. Each unit offers ensuite washrooms and panoramic views of the surrounding universities, a spacious kitchen area and living space, furnished bedrooms, and in-building laundry. A mix of laminate and tile flooring finishes compliment the stylish kitchen amenities including modern granite countertops & chic fixtures. Most units include 5 fully furnished bedrooms and individual bathrooms. This luxury student community also has a theatre room, lounge and patio, and a gym overlooking the city. Known for its sweeping views, floor-to-ceiling windows, and modern paint pallet throughout. One Columbia Street property is one of the most sought-after places to live in Waterloo!
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