Centurion Apartment REIT Announces the Acquisition of a New Multi-Residential Property in Québec City, Québec

July 17, 2020

Centurion Apartment REIT Announces the Acquisition of a New Multi-Residential...

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce that it has closed the acquisition of a newly constructed multi-residential property in Québec City, Québec. This new acquisition brought Centurion's portfolio to two properties and 1,124 rental units in Québec.

Located at 2551 Quatre-Bourgeois Boulevard in the heart of Québec City, Quartier QB is a brand-new, four-winged multi-residential property offering 684 rental units comprising studio, one-, two-, and three-bedroom suites and six penthouse units. The property also features 51 furnished rentals and one guest suite for visitors.

Each unit features modern design and high-quality interior finishing, 9- to 12-foot ceiling, private balconies, large windows, granite counters, Torlys flooring, five appliances, air conditioning units, and exceptional soundproofing for an exceptional living experience. The property offers a wealth of premium services and amenities including a grocery store on the main floor, three fitness centres, interior parking lot with bicycle storage space, vast inner courtyard, and an urban chalet, fitted out with large-screen televisions, kitchen, pool table, and an outdoor terrace.

Quartier QB is in the heart of Québec City’s up and coming downtown hub – Sainte-Foy. This central location is connected to the Greater Québec City market through a growing transit system. Additionally, the property is minutes away from Laval University, Centre Mère-Enfant Hospital, the Québec Heart and Lung Institute, and three shopping malls – making it an ideal home for students and young urban professionals.

“We’re thrilled to expand Centurion’s footprint to one of Canada’s most vibrant neighbourhoods that offers rich history, culture, and diversity to residents and visitors,” comments Centurion President and CEO Greg Romundt. “Situated in the borough of Sainte-Foy–Sillery–Cap Rouge, Québec City’s new downtown, Quartier QB’s strategic location provides residents all the essential elements of a Work-Live-Play environment.” (map)

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