Overview of Raionzumanshon Toyoda Misato (ライオンズマンション豊田美里)
Raionzumanshon Toyoda Misato (ライオンズマンション豊田美里) is a 32-year-old condominium located at Toyotashi Misato 5 Choume 13-2 (豊田市美里5丁目13-2), Aichi, Japan. Built in 1994, it comprises 29 units in a Reinforced Concrete (RC) structure. It was constructed by Nishimatsu Kensetsu (西松建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,210〜2,499万円 (approx. $80,667–$166,600 USD at ¥150/$).
Unit sizes range from 63.3–93.6 sqm (681–1008 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥21.7万/sqm (approx. $1,449/sqm or $135/sqft).
Location & Neighborhood
The property is located at Toyotashi Misato 5 Choume 13-2 (豊田市美里5丁目13-2), Aichi, Japan. It is a 2-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
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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