Condominium in Koto, Tokyo

¥102M

≈ US$645,000

2-2-14 Toyo, Koto, Tokyo

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Tokyo Metro Tozai Line / Toyocho5 min walk

Chat with management

Good pointsFreehold (land included)5 min to stationNew earthquake standard

Property Overview

Terms explained

Property Type: Condominium
Year Built: Sep 2016 (10 yrs old)
Earthquake standard (from built year): New standard (June 1981 or later)Guide
Structure: Reinforced Concrete (RC)
Floors: 15 floors
Building Area: 64.73㎡ (697 sq ft)
Land rights: Freehold (land included)
Current Status: Tenanted
Price per m²: ¥1,575,776/m²
Rent (monthly): ¥230,000
Gross yield: 2.7%
Net yield (after fees, estimate): 2.7%

Price per m² compared

This property¥1,575,776/m²
Average of 4 listings in Koto¥964,301/m²

Reference figure from the asking prices of 4 other listings in this ward on this portal; not transaction prices or a market valuation.

Monthly payment estimate (with a mortgage)

Down payment20% (JPY 20,400,000)

Interest rate (annual)1.00%

Loan term35 years

Monthly payment

¥230,345

Rental income (current rent): ¥230,000
Monthly cash flow (rent − loan − fees): −¥345

Down payment: JPY 20,400,000
Loan amount: JPY 81,600,000
Total interest: JPY 15,140,000

Level-payment estimate; the repayment excludes fees, taxes and management costs (management fees and rent from the listing are shown separately). Cash flow ignores property tax, letting fees and vacancies. Lenders decide eligibility and rates. Foreign nationals can often borrow if they hold Japanese residence status or buy through a Japanese company.

Initial cost simulator

Payment

Down payment20% (JPY 20,400,000)

Loan amount (paid by the lender)JPY 81,600,000

Cash you need (estimate)

JPY 27,310,000 – JPY 28,720,000

about US$173k–182k

Down payment: JPY 20,400,000
Brokerage fee (maximum, incl. tax): JPY 3,430,000
Stamp duty on the contract: JPY 60,000
Loan administration fee (2.2% of the loan): JPY 1,800,000
Registration tax (ownership): JPY 510,000 – JPY 820,000
Registration tax (mortgage): JPY 80,000 – JPY 330,000
Judicial scrivener fee: JPY 100,000 – JPY 200,000
Acquisition tax (paid after handover): JPY 510,000 – JPY 1,020,000
Pro-rata property tax and fees: JPY 200,000 – JPY 310,000
Fire and earthquake insurance: JPY 150,000 – JPY 310,000
Stamp duty on the loan contract: JPY 60,000

When you pay

At the contract (deposit 5%, stamp duty, half the brokerage, etc.): JPY 6,880,000≈ US$43,500
At settlement (the rest of your cash): JPY 20,430,000 – JPY 21,850,000

Brokerage is the legal maximum; stamp duty on the sale and loan contracts follows the National Tax Agency tables (reduced sale-contract rates until 31 March 2027). Registration and acquisition taxes, settlements and insurance depend on assessed values and the property, so they are ranges based on typical shares of the price (the loan for the mortgage registration), about 2–3% of the price in total. Lenders charge loan costs in different ways, such as a guarantee fee. See the buying guide for mortgages for foreign nationals.

Costs and mortgages explained →

Buying from overseas?How the money moves (transfer, settlement, registration), with a checklist from contract to handover.

Location map

Open in Google Maps

The map shows the published address. Confirm the exact building position on site or in the documents.

Check natural hazard risk

Before buying, check flood, landslide, storm-surge and tsunami risk at the property, and the area's earthquake risk rank, on official maps.

Hazard Map Portal (GSI, Japanese government)Opens centred on this property Earthquake risk by area (Tokyo Metropolitan Government)Building-collapse and fire risk ranks by district

Official sites open in a new tab (Japanese). The formal disclosure before the contract also shows the property on the flood hazard map.

How to read these maps (guide)

Property Overview

City Terrace Toyocho. 64.73 m², floor three, east-facing three-bedroom apartment. Toyocho Station: five minutes on foot. Built September 2016, fifteen-storey reinforced concrete, freehold. Tenanted investment sale; handover by agreement. Balcony 12.00 m². Monthly management JPY 12,670; repair reserve JPY 8,970. Original stated monthly rent JPY 230,000, annual rent JPY 2,760,000, gross yield 2.70%, and an ordinary residential lease. Future income and yields are not guaranteed. Pet rules and parking availability need confirmation. Only the supplied floor plan is shown because the source notes partial AI use in its images.

Tenanted