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Investment

Condominium in Itabashi, Tokyo

¥33M

≈ US$209,000

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56-4 Oyamakanaicho, Itabashi, Tokyo
More properties in Itabashi →
  • Tobu Tojo Line / Oyama6 min walk
  • Toei Mita Line / Itabashi-Kuyakushomae18 min walk
  • Tokyo Metro Yurakucho Line / Senkawa22 min walk
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Good pointsFreehold (land included)New earthquake standardCorner unitAuto-lock entranceSouth-facing
Property Overview
Terms explained
Property Type
Condominium
Year Built
Mar 2022 (4 yrs old)
Earthquake standard (from built year)
New standard (June 1981 or later)Guide
Structure
Reinforced Concrete (RC)
Floors
12 floors
Building Area
25.82㎡ (278 sq ft)
Zoning
Commercial
Land rights
Freehold (land included)
Current Status
Tenanted
Price per m²
¥1,278,079/m²
Management fee (monthly)
¥7,000Guide
Repair reserve (monthly)
¥2,000

Price per m² compared

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)

20% (JPY 6,600,000)
1.00%
35 years

Monthly payment

¥74,523

Management and repair fees
¥9,000
Total monthly outgoings
¥83,523
Down payment
JPY 6,600,000
Loan amount
JPY 26,400,000
Total interest
JPY 4,900,000

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

20% (JPY 6,600,000)

Loan amount (paid by the lender)JPY 26,400,000

Cash you need (estimate)

JPY 8,940,000 – JPY 9,460,000

about US$56k–60k

Down payment
JPY 6,600,000
Brokerage fee (maximum, incl. tax)
JPY 1,160,000
Stamp duty on the contract
JPY 10,000
Loan administration fee (2.2% of the loan)
JPY 580,000
Registration tax (ownership)
JPY 170,000 – JPY 260,000
Registration tax (mortgage)
JPY 30,000 – JPY 110,000
Judicial scrivener fee
JPY 100,000 – JPY 200,000
Acquisition tax (paid after handover)
JPY 170,000 – JPY 330,000
Pro-rata property tax and fees
JPY 70,000 – JPY 100,000
Fire and earthquake insurance
JPY 50,000 – JPY 100,000
Stamp duty on the loan contract
JPY 20,000

When you pay

At the contract (deposit 5%, stamp duty, half the brokerage, etc.)
JPY 2,240,000≈ US$14,100
At settlement (the rest of your cash)
JPY 6,700,000 – JPY 7,230,000

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.

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

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

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

MAXIV Oyama TRE: a tenanted investment condominium currently under a sublease arrangement. Wall-centre area 25.82 m², south-facing fourth-floor corner 1K with a 3.32 m² balcony. A 6-minute walk to Oyama (Tobu Tojo), 18 minutes to Itabashi-kuyakushomae (Toei Mita) and 22 minutes to Senkawa (Yurakucho). Price JPY 33,000,000. Built March 2022; RC, twelve floors, freehold. Rented; handover by agreement. Monthly management JPY 7,000 and repair reserve JPY 2,000, totaling JPY 9,000. Source projected annual rent is 112.86 ten-thousand yen, based on the contractual sublease rent; income is not guaranteed. Transfer of the contract requires the sublease company’s approval and screening. Review rent-revision and termination conditions. Source plan: approximately 9.2-jo bedroom and kitchen. Bathroom heating/dryer, washlet, two-burner hob, storage, indoor washing-machine space, city gas, BS/CS, internet capability, continuous ventilation, double locks, video auto-lock, security cameras, round-the-clock security and lift. Fully outsourced management with patrol staffing in the source. Source car parking was full; confirm current availability. Image is the source floor plan.

South-facingCorner unitAuto-lock entranceElevatorBathroom dryer

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56-4 Oyamakanaicho, Itabashi, Tokyo

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東京都板橋区上板橋2丁目44-1
ResidentialCondominiumNew

Price

¥37.8M

≈ US$239,000

2-44-1 Kamiitabashi, Itabashi, Tokyo
Tobu Tojo Line / Kami-Itabashi 5 min walk
Building Area

63㎡

Year Built

1973

東京都板橋区前野町6丁目24-1 505号室
ResidentialCondominiumNew

Price

¥23.8M

≈ US$150,000

Unit 505, 6-24-1 Maenocho, Itabashi, Tokyo
Building Area

56㎡

Year Built

1969

東京都板橋区前野町1丁目2-7
ResidentialCondominiumNew

Price

¥73.8M

≈ US$466,000

1-2-7 Maenocho, Itabashi, Tokyo
Tobu Tojo Line / Tokiwadai 11 min walk
Building Area

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Year Built

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