Overview of Kyanionmanshon Kokuritsu (キャニオンマンション国立)
Kyanionmanshon Kokuritsu (キャニオンマンション国立) is a 34-year-old condominium located at Kunitachishi Izumi 3 Choume 23-1 (国立市泉3丁目23-1), Tokyo, Japan. Built in 1992, it comprises 54 units in a Reinforced Concrete (RC) structure. It was constructed by Asanuma Kumi (淺沼組).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 1,480〜3,280万円 (approx. $98,667–$218,667 USD at ¥150/$).
Unit sizes range from 62.1–83.2 sqm (668–896 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥36.1万/sqm (approx. $2,410/sqm or $224/sqft).
Location & Neighborhood
The property is located at Kunitachishi Izumi 3 Choume 23-1 (国立市泉3丁目23-1), Tokyo, Japan. It is a 15-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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 54 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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