Overview of Raionzumanshon Torii Matsu (ライオンズマンション鳥居松)
Raionzumanshon Torii Matsu (ライオンズマンション鳥居松) is a 25-year-old condominium located at Kasugai Shichou Kyo Matsu Machi 5 Choume 34 (春日井市鳥居松町5丁目34), Aichi, Japan. Built in 2001, it comprises 71 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tekken Kensetsu (鉄建建設).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 1,790〜2,890万円 (approx. $119,333–$192,667 USD at ¥150/$).
Unit sizes range from 76.2–87.7 sqm (820–944 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.1万/sqm (approx. $1,607/sqm or $149/sqft).
Location & Neighborhood
The property is located at Kasugai Shichou Kyo Matsu Machi 5 Choume 34 (春日井市鳥居松町5丁目34), Aichi, Japan. It is a 19-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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 71 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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