Overview of Esupoa Toyoda (エスポア豊田)
Esupoa Toyoda (エスポア豊田) is a 37-year-old condominium located at Toyotashi Dobashi Machi 5 Choume 30 (豊田市土橋町5丁目30), Aichi, Japan. Built in 1989, it comprises 41 units in a Reinforced Concrete (RC) structure. It was constructed by Kuni Kensetsu (六合建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 780〜2,280万円 (approx. $52,000–$152,000 USD at ¥150/$).
Unit sizes range from 65.6–87.8 sqm (706–945 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.2万/sqm (approx. $1,545/sqm or $144/sqft).
Location & Neighborhood
The property is located at Toyotashi Dobashi Machi 5 Choume 30 (豊田市土橋町5丁目30), Aichi, Japan. It is a 9-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 37 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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