Condominium in Toshima, Tokyo

¥31M

≈ US$196,000

Information updated 12 Oct 2026Next update by 19 Oct 2026

3-21-13 Kitaotsuka, Toshima, Tokyo

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JR Yamanote Line / Otsuka5 min walk
Toden Arakawa Line / Otsuka-ekimae6 min walk

Chat with management

Good pointsFreehold (land included)5 min to stationNew earthquake standardSouth-facing

Property Overview

Terms explained

Property Type: Condominium
Year Built: Mar 2019 (7 yrs old)
Earthquake standard (from built year): New standard (June 1981 or later)Guide
Structure: Reinforced Concrete (RC)
Floors: 12 floors
Building Area: 25.31㎡ (272 sq ft)
Zoning: Commercial
Land rights: Freehold (land included)
Current Status: Tenanted
Price per m²: ¥1,224,812/m²
Management fee (monthly): ¥8,500Guide
Repair reserve (monthly): ¥4,500
Rent (monthly): ¥92,100
Gross yield: 3.6%
Net yield (after fees, estimate): 3.1%

Price per m² compared

This property¥1,224,812/m²
Average of 12 listings in Toshima¥1,246,134/m²

Reference figure from the asking prices of 12 other listings in this ward on this portal; not transaction prices or a market valuation.

Monthly payment estimate (with a mortgage)

Down payment20% (JPY 6,200,000)

Interest rate (annual)1.00%

Loan term35 years

Monthly payment

¥70,007

Management and repair fees: ¥13,000
Total monthly outgoings: ¥83,007
Rental income (current rent): ¥92,100
Monthly cash flow (rent − loan − fees): +¥9,093

Down payment: JPY 6,200,000
Loan amount: JPY 24,800,000
Total interest: JPY 4,600,000

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 6,200,000)

Loan amount (paid by the lender)JPY 24,800,000

Cash you need (estimate)

JPY 8,410,000 – JPY 8,910,000

about US$53k–56k

Down payment: JPY 6,200,000
Brokerage fee (maximum, incl. tax): JPY 1,090,000
Stamp duty on the contract: JPY 10,000
Loan administration fee (2.2% of the loan): JPY 550,000
Registration tax (ownership): JPY 160,000 – JPY 250,000
Registration tax (mortgage): JPY 20,000 – JPY 100,000
Judicial scrivener fee: JPY 100,000 – JPY 200,000
Acquisition tax (paid after handover): JPY 160,000 – JPY 310,000
Pro-rata property tax and fees: JPY 60,000 – JPY 90,000
Fire and earthquake insurance: JPY 50,000 – JPY 90,000
Stamp duty on the loan contract: JPY 20,000

When you pay

At the contract (deposit 5%, stamp duty, half the brokerage, etc.): JPY 2,100,000≈ US$13,300
At settlement (the rest of your cash): JPY 6,300,000 – JPY 6,800,000

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

Sky Court Grande Otsuka: a tenanted investment condominium under a sublease. Wall-centre area 25.31 m², southeast-facing fourth-floor 1K with a 3.74 m² balcony. A 5-minute walk to Otsuka (JR Yamanote), or 6 minutes to Otsuka-ekimae (Toden Arakawa). Price JPY 31,000,000. Built March 2019; RC, with both the source and current REINS stating twelve above-ground and four basement floors; 33 units, freehold. Handover by agreement. Monthly management JPY 8,500, repair reserve JPY 4,500 and other charges JPY 0, totaling JPY 13,000. Source monthly rent JPY 92,100 and displayed gross yield 3.56%, before taxes and management expenses; future income is not guaranteed. Review sublease succession, rent revisions and termination terms. Source plan: 7-jo bedroom, 2.5-jo kitchen and walk-in closet. Partially managed by Sky Service; built by Taketoku in the current record. Lift, bicycle parking, refuse area, separate bath/toilet, independent washbasin, indoor washing-machine space, air conditioning and city gas. Source car parking was full; confirm current availability. Images are the source plan and exterior.

Southeast-facing33 units in totalElevatorWalk-in closetSeparate bath and toilet