For SaleCondominium

Toyohira Royal Heights

Toyohira 2-jo 6-chome, Toyohira-ku, Sapporo-shi, Hokkaido
Asking Price
¥10,500,000
Toyohira Royal Heights - 1/13
1 / 13

Executive Summary

This is a 2nd-floor unit in Toyohira Royal Heights, a 4-story reinforced concrete (RC) condominium building built in September 1980, located in Toyohira 2-jo 6-chome, Toyohira-ku, Sapporo-shi, Hokkaido. Access is an 8-minute walk from Kikusui Station on the Sapporo City Tozai Line, a 9-minute walk from Gakuen-mae Station on the Sapporo City Toho Line, and a 17-minute walk from Higashi-Sapporo Station on the Sapporo City Tozai Line. The unit has a floor area of 46.2 sqm and a southeast-facing 2LDK layout. It is equipped with a system kitchen, a bidet toilet seat, and a kerosene heater; there is no elevator in the building. In March 2026, renovations were completed for the wet areas (kitchen, bathroom, toilet, and washroom) and the entire interior (floors, walls, ceilings, and fixtures). The land rights are ownership, and the zoning is Category I Residential Zone. The current status is vacant, and delivery is immediate. Nearby facilities include a convenience store 121 m away (a 2-minute walk), a bank 195 m away (a 3-minute walk), a post office 248 m away (a 4-minute walk), commercial facilities 622 m away (an 8-minute walk), and a medical institution 687 m away (a 9-minute walk).

Property Details

Building Area
46.2 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1980
Floors
Floor 2 of 4
Earthquake Std.
Old Seismic Standard
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Category 1 residential zone

Costs besides the price

Parking
Yes · Free

Building management

Management type
Fully outsourced
Building manager
Visiting
Total units
21 units

Utilities & nearby

Gas
City gas

Please confirm the details in the explanation of important matters before purchase.

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.05%
Est. Net Yield
2.89%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

If sold after 10 years (before tax)
Annual return (IRR)
1.9%
Net gain
+¥2,040,000
Gain on total investment +18.1%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥10,500,000+¥330,000¥-900,000-7.9%-7.9%
2yr¥10,500,000+¥650,000¥-570,000-5.1%-2.6%
3yr¥10,500,000+¥980,000¥-240,000-2.2%-0.7%
4yr¥10,500,000+¥1,310,000+¥80,000+0.7%0.2%
5yr¥10,500,000+¥1,630,000+¥410,000+3.6%0.8%
6yr¥10,500,000+¥1,960,000+¥740,000+6.5%1.1%
7yr¥10,500,000+¥2,290,000+¥1,060,000+9.4%1.4%
8yr¥10,500,000+¥2,610,000+¥1,390,000+12.3%1.6%
9yr¥10,500,000+¥2,940,000+¥1,720,000+15.2%1.8%
10yr¥10,500,000+¥3,270,000+¥2,040,000+18.1%1.9%

Assumptions

  • Total investment ¥11,302,500 (price ¥10,500,000 + purchase costs ¥802,500)
  • Management fee and repair reserve: ¥174,000 per year
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥802,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥412,500
Real Estate Acquisition Tax (est., rate varies by property type)¥180,000
Registration License Tax (title transfer)¥90,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥110,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

Book from open times

Book a Private Viewing or Online Consultation

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

Apply online

Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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