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

December 6, 2022

An exterior view of the Axcès Ste-Thérèse Apartment in Sainte-Thérèse.

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of Axcès Ste-Thérèse, a brand-new multi-family apartment located at 301 Claude-Dagenais, Sainte-Thérèse, Québec, representing the third and final phase of development on the site, with the first two phases having already been completed as part of the 30-property portfolio acquired by Centurion earlier this 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. Residents have access to superb common rooms for entertaining family and friends including a living room with a fireplace, dining room with kitchen, pool table, gym, terraces, and outdoor swimming pool.

“We’re pleased to be adding Axcès Ste-Thérèse to our expanding Québec portfolio,” commented Greg Romundt, Centurion President and CEO. “This innovative all-inclusive rental concept is ideal for mature professionals and retirees looking for an exceptional living experience, and a natural acquisition for Centurion given our investment into the site already with the purchase of the first two phases in Spring 2022.”

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.

For media inquiries, please contact [email protected].