Overview of Gurandomezon Tokugawa Sono (グランドメゾン徳川園)
Gurandomezon Tokugawa Sono (グランドメゾン徳川園) is a 27-year-old condominium located at Nagoyashi Higashiku Tokugawa Machi 2308 (名古屋市東区徳川町2308), Aichi, Japan. Built in 1999, it comprises 15 units in a Reinforced Concrete (RC) structure. It was constructed by Fukuda Kumi (福田組).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 3,580〜4,980万円 (approx. $238,667–$332,000 USD at ¥150/$).
Unit sizes range from 81.2–96.6 sqm (874–1040 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).
Location & Neighborhood
The property is located at Nagoyashi Higashiku Tokugawa Machi 2308 (名古屋市東区徳川町2308), Aichi, 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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