Overview of Guranshiteio Kitayama Touri (グランシティオ北山通り)
Guranshiteio Kitayama Touri (グランシティオ北山通り) is a 27-year-old condominium located at Kyoutoshisakyouku Matsu Ke Saki Ichi Machida Machi 6-2 (京都市左京区松ケ崎壱町田町6-2), Kyoto, Japan. Built in 1999, it comprises 64 units in a Reinforced Concrete (RC) structure. It was constructed by Kanewa Koumuten (かねわ工務店).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 3,080〜5,980万円 (approx. $205,333–$398,667 USD at ¥150/$).
Unit sizes range from 67.6–102.3 sqm (728–1101 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: ¥73.7万/sqm (approx. $4,911/sqm or $456/sqft).
Location & Neighborhood
The property is located at Kyoutoshisakyouku Matsu Ke Saki Ichi Machida Machi 6-2 (京都市左京区松ケ崎壱町田町6-2), Kyoto, 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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 64 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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