Overview of Mezon Toyonaka Eiraku Sou (メゾン豊中永楽荘)
Mezon Toyonaka Eiraku Sou (メゾン豊中永楽荘) is a 28-year-old condominium located at Toyonakashi Eiraku Sou 4 Choume 8-18 (豊中市永楽荘4丁目8-18), Osaka, Japan. Built in 1998, it comprises 38 units in a Reinforced Concrete (RC) structure. It was constructed by Oobayashi Kumi (大林組).
Pricing & Floor Plans
Based on 9 past listings, prices have ranged from 1,750〜3,680万円 (approx. $116,667–$245,333 USD at ¥150/$).
Unit sizes range from 72.2–96.7 sqm (777–1041 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥39.6万/sqm (approx. $2,641/sqm or $245/sqft).
Location & Neighborhood
The property is located at Toyonakashi Eiraku Sou 4 Choume 8-18 (豊中市永楽荘4丁目8-18), Osaka, Japan. It is a 18-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 28 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.
Analyze this property's fair price and negotiation room for free at RE:public.