Centurion Apartment REIT Announces the Acquisition of a New Multi-Residential Property in Langford, British Columbia

May 4, 2021

An exterior view of the Peat Commons apartment building in Langford, an interior view featuring a furnished bedroom, and a furnished living room.

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce it has closed the acquisition of a new multi-residential property in Langford, British Columbia. This new property brought Centurion's Langford portfolio to eight properties and 573 rental units.

Peatt Commons is located at 821 Hockley Avenue in Langford, British Columbia.

The suites offer contemporary finishes and convenient features such as five appliances including dishwasher, washer and dryer, individual heat/air conditioning, in-suite storage, 9-foot ceilings, private balcony, ceramic tile, vinyl sheet with a hardwood style finish, and much more! The property offers one-bedroom, one-bedroom plus den, and two-bedroom suite options.

This conveniently located six-storey property is situated in Langford’s Goldstream neighbourhood. Residents can walk to shops, hike or bike to the Galloping Goose Trail, access recreation centres at Goldstream Park, Bear Mountain Resort, or City Centre Park. The property offers designated underground parking, bike storage, garbage, and recycling area.

Peatt Commons is located within one block of public transportation, and residents can explore Mill Hill Regional Park, Langford Lake Beach Park, and so much more all nearby!

This new acquisition will expand our Langford portfolio and we are thrilled to be fulfilling the city’s growing rental needs. We look forward to developing our footprint in this energetic city,” commented Centurion President and CEO Greg Romundt.(map)     

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