Overview of Daiaparesu Yasuo Toori (ダイアパレス康生通)
Daiaparesu Yasuo Toori (ダイアパレス康生通) is a 34-year-old condominium located at Nagoyashi Nishiku Yasuo Toori 2 Choume 24 (名古屋市西区康生通2丁目24), Aichi, Japan. Built in 1992, it comprises 34 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toukyuukensetsu (東急建設).
Pricing & Floor Plans
Based on 44 past listings, prices have ranged from 880〜1,990万円 (approx. $58,667–$132,667 USD at ¥150/$).
Unit sizes range from 53.2–55.8 sqm (573–601 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).
Estimated price per sqm: ¥32.7万/sqm (approx. $2,179/sqm or $202/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nishiku Yasuo Toori 2 Choume 24 (名古屋市西区康生通2丁目24), Aichi, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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