Overview of Tadamichi Manshon A Tou (忠道マンションＡ棟)
Tadamichi Manshon A Tou (忠道マンションＡ棟) is a 42-year-old condominium located at Nagoyashi Minamiku Toyoda 5 Choume 15-30 (名古屋市南区豊田5丁目15-30), Aichi, Japan. Built in 1984, it comprises 98 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nittou Kensetsu (日東建設).
Pricing & Floor Plans
Based on 42 past listings, prices have ranged from 690〜2,290万円 (approx. $46,000–$152,667 USD at ¥150/$).
Unit sizes range from 51.1–100.0 sqm (550–1076 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥14.5万/sqm (approx. $964/sqm or $90/sqft).
Location & Neighborhood
The property is located at Nagoyashi Minamiku Toyoda 5 Choume 15-30 (名古屋市南区豊田5丁目15-30), Aichi, Japan. It is a 13-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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 98 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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