CBRE Limited is pleased to offer + 1.91 ac. of approved residential development land located at Stanley Street and Glenwood Parkway in Welland, Ontario (the “Site” and/or “Property”). The Site, named Glenwood Towns, has received Draft Plan Approval for 24 freehold townhouse units. Conditions of draft plan approval have largely been satisfied, with 2 outstanding conditions that can be easily finalized when the development is ready to proceed. Substantial due diligence has been completed, along with tree clearing which has occurred on the Site leaving a flat, clean and well-maintained Property primed for residential development. The Site is located within a residential neighbourhood, adjacent to Glenwood Park, between the Welland Canals and just a short-drive to amenities. The area has undergone significant revitalization with very active residential development activities.