Overview of Esupoa Toyoake 6 Ni Ban Kan (エスポア豊明６弐番館)
Esupoa Toyoake 6 Ni Ban Kan (エスポア豊明６弐番館) is a 32-year-old condominium located at Toyoake Shi Nitta Machijuu No Wari 80-27 (豊明市新田町中ノ割80-27), Aichi, Japan. Built in 1994, it comprises 37 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Arai Kumi (新井組).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,150〜1,780万円 (approx. $76,667–$118,667 USD at ¥150/$).
Unit sizes range from 66.4–78.2 sqm (715–842 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.5万/sqm (approx. $1,365/sqm or $127/sqft).
Location & Neighborhood
The property is located at Toyoake Shi Nitta Machijuu No Wari 80-27 (豊明市新田町中ノ割80-27), Aichi, Japan. It is a 17-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 32 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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