Overview of Shiteiabenyuu 3 R D Kooto (シティアベニュー３ｒｄコート)
Shiteiabenyuu 3 R D Kooto (シティアベニュー３ｒｄコート) is a 35-year-old condominium located at Sapporoshi Atsubetsu Ku Ooyachi Higashi 3 Choume 3-3 (札幌市厚別区大谷地東3丁目3-3), Hokkaido, Japan. Built in 1991, it comprises 97 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Mitsuikensetsu (三井建設).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 1,280〜3,480万円 (approx. $85,333–$232,000 USD at ¥150/$).
Unit sizes range from 72.0–154.2 sqm (775–1660 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.9万/sqm (approx. $2,259/sqm or $210/sqft).
Location & Neighborhood
The property is located at Sapporoshi Atsubetsu Ku Ooyachi Higashi 3 Choume 3-3 (札幌市厚別区大谷地東3丁目3-3), Hokkaido, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 97 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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