Overview of Roorerukooto Kanayama (ローレルコート金山)
Roorerukooto Kanayama (ローレルコート金山) is a 21-year-old condominium located at Nagoyashi Atsuta Ku Shin Okashira 1 Choume 7-20 (名古屋市熱田区新尾頭1丁目7-20), Aichi, Japan. Built in 2005, it comprises 52 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Okumura Kumi (奥村組).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 1,850〜3,780万円 (approx. $123,333–$252,000 USD at ¥150/$).
Unit sizes range from 57.9–76.7 sqm (623–826 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagoyashi Atsuta Ku Shin Okashira 1 Choume 7-20 (名古屋市熱田区新尾頭1丁目7-20), Aichi, Japan. It is a 4-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
Scale advantage: With 52 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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