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Centurion Apartment REIT is Nearing Upgrade Completion of the Multi-Residential Apartment Property in Langford, British Columbia

March 4, 2022

Centurion Apartment REIT is Nearing Upgrade Completion of the Multi-Residential...

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is in the process of completing the structural systems upgrade of the multi-residential apartment property in Langford, British Columbia. This property is located at 2770 Claude Road in downtown Langford.

Centurion purchased the property in 2019 and was shortly thereafter informed of structural issues. Since then, Centurion has taken appropriate measures to upgrade various structural systems as determined and assessed by our structural engineer and architect consultants, and in consultation with the relevant municipal authorities. A final inspection by a team of engineers and architects involved in the project will be conducted to confirm that the structural flaws are rectified, followed by a further review of approvals by the City of Langford, at which point Centurion expects an occupancy permit for the remediated building will be issued.  

Additional information is available via Q&A’s.

When asked about the progress on RidgeView Centurion President and CEO, Greg Romundt, shares, “We have been working with appropriate engineers, consultants and relevant municipal authorities to ensure remediation of the structural systems. As we work towards the occupancy permit, we look forward to providing safe and comfortable homes to all our residents.”

The property has been renamed to RidgeView Place to reflect the scenic surroundings of the suites, which overlook the breath-taking views of the Salish Sea and the Washington State Olympic Mountain Range. RidgeView Place is close to many other apartment properties acquired by Centurion (map).

I am happy to see these units returned to the invaluable housing inventory for Langford residents. There is a high demand for rental housing, and the opening will provide an additional 90 units of rental stock in the heart of Langford where we are starting to densify. Downtown Langford is a walkable district with all of the amenities, including an extensive transportation network, right at your front door.”Says City of Langford Mayor, Stew Young.

About RidgeView Place 
Comprising one, two, and three-bedroom units that span 11 floors, RidgeView Place offers sophisticated urban living within walking distance from grocery stores, cafés, restaurants, and pubs and numerous transportation options that connect to Greater Victoria.

The property offers 90 suites with condo-quality finishes, features six full-size appliances, in-suite laundry, quartz countertops, keyless entry, and underground parking.

Centurion will now be accepting applications. Further information can be found on CpLiving.com.

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