June 5, 2020
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the acquisition of a newly constructed multi-residential property in Edmonton, Alberta. This new acquisition brought Centurion's portfolio to seven properties and 1,378 rental units in Edmonton.
The six-storey rental apartment is located at 10054-79 Avenue NW, just south of downtown Edmonton. The TraX houses 100 residential units, with a mix of studio, one-, and two-bedroom suites that feature high ceilings, contemporary condo finishes, and stainless-steel appliances. Suites come with vinyl plank flooring, large windows, and balcony access, making entertaining guests a breeze.
The building is less than 20 minutes away from Centurion’s cluster of properties near the downtown core. It is steps from Whyte Avenue and is in the heart of everything residents would ever need – transit, restaurants, and shops – thereby offering the best of city living.
Centurion President and CEO Greg Romundt commented, “We are excited to see our Edmonton portfolio growing at such a rapid pace. We are thrilled to add this new apartment community to our portfolio (map) as we continue to provide the local community quality housing options.”
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