Back to Buildings Map

Royal Terrace

485 Thorold Rd, Welland, ON L3C 3X1

Royal Terrace, at 485 Thorold Rd, is a condo building in the Prince Charles area of Welland, Ontario. It stands 3 storeys tall.

Prince Charles
Floors
3
Building Type
Low-rise apartment condo

Market Overview

Avg Sold Price
$292,500
Median Sold
$292,500
Price Range
$277,000 – $308,000
Avg $/SqFt
$390
Sales (2yr)
2
Active Listings
2
Avg List Price
$304,450
Avg Days on Market
22

Last sale: Apr 29, 2026

Condo Fees

Avg Monthly Fee
$591
Median Fee
$594
Avg $/SqFt
$0.73
Units w/ Fee Data
8
Fee IncludesHeat, water, hydro, building insurance

Building Features

ExteriorBrick
AmenitiesParty room
Building TypeLow-rise apartment condo
Floors3 storeys

Policies

Pet PolicyAllowed with restrictions

Management

Management CompanyCannon Greco

About This Building

Royal Terrace is a low-rise apartment condominium located at 485 Thorold Rd in the Prince Charles neighbourhood of Welland. Dating from roughly the 1950s to 1980s, this vintage 3-storey building contains units averaging around 750 square feet. Recent sales have averaged approximately $292,500, with rental units averaging $1,850 per month. Condo fees average roughly $591 monthly and cover heat, water, hydro and building insurance. The building features a party room, maintains a quiet atmosphere, and is managed by Cannon Greco. Owned parking is typical. Before making an offer, have a licensed condominium lawyer or professional reviewer examine the status certificate, reserve fund study, financial statements, board minutes and by-laws to ensure full transparency on the building's condition and governance.

Nearby condo buildings

Ontario condo document reviews

General information, not legal advice. Building figures are approximate; confirm details in the corporation's own documents.

Premium reviews include your choice of a 24-hour turnaround (within 24 hours of having all required condo documents) or a video call. General information, not legal advice.

The information provided on this website is for general reference only and should be independently verified. CondoShield does not guarantee the accuracy or completeness of any data, listings, or building details. Always consult official sources and qualified professionals before making real estate decisions.