A compelling multifamily investment opportunity offering value-add and redevelopment potential with significant upside on current rents. Located in the heart of Mount Pleasant's vibrant Creative District, the property benefits from immediate access to the area's top breweries, restaurants, and retail amenities. The site is designated for secured market rental development, allowing for density up to 6.50 FSR and a maximum height of 20 storeys, providing meaningful future development optionality. The asset is further enhanced by its exceptional transit-oriented location, situated within a 10-minute walk of the Great Northern Way-Emily Carr SkyTrain Station, ensuring strong connectivity and sustained rental demand.