Overview of Kyaniongurande Itabashi San Ban Kan (キャニオングランデ板橋参番館)
Kyaniongurande Itabashi San Ban Kan (キャニオングランデ板橋参番館) is a 27-year-old condominium located at Itabashiku Itabashi 2 Choume 19-4 (板橋区板橋2丁目19-4), Tokyo, Japan. Built in 1999, it comprises 27 units in a Reinforced Concrete (RC) structure. It was constructed by Aoki Kensetsu (青木建設).
Pricing & Floor Plans
Based on 8 past listings, prices have ranged from 2,680〜5,478万円 (approx. $178,667–$365,200 USD at ¥150/$).
Unit sizes range from 58.3–67.6 sqm (628–728 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).
Estimated price per sqm: ¥82.7万/sqm (approx. $5,512/sqm or $512/sqft).
Location & Neighborhood
The property is located at Itabashiku Itabashi 2 Choume 19-4 (板橋区板橋2丁目19-4), Tokyo, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 27 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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