For SaleCondominium

The Tower Grandia

Nishi-Ikebukuro 5-chome, Toshima-ku, Tokyo
  • 20+ story building
  • 10th floor or higher
  • Pets negotiable
Asking Price
¥398,000,000
Est. Net Yield: 2.35%
The Tower Grandia - 1/2
1 / 2

Executive Summary

This 30th-floor unit is located in The Tower Grandia, a 38-story reinforced concrete condominium built in March 2004 in Nishi-Ikebukuro 5-chome, Toshima-ku, Tokyo. Transportation access includes a 2-minute walk from Ikebukuro Station on the Tokyo Metro Marunouchi Line and a 6-minute walk from Ikebukuro Station on the Yamanote Line. It features a 4LDK layout with a floor area of 145.5 sqm, a balcony area of 28.8 sqm, and a southwest-facing orientation. The unit is equipped with a system kitchen, reheating function, bathroom ventilation dryer, bidet toilet seat, and air conditioning. Shared facilities include an auto-lock system, security cameras, delivery lockers, 3 elevators, garbage disposal stations on each floor, a fitness lounge, sauna, cinema room, guest rooms, and a party room. Land rights are ownership, and the zoning is Commercial Zone. The property is currently occupied, and the handover timing is negotiable.

Property Details

Building Area
145.5 ㎡
Layout
4LDK
4 bedrooms + living, dining & kitchen
Structure
RC
Built Year
2004
Floors
Floor 30 of 38
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥11,530,000
Transport
  • Ikebukuro Station
    Tokyo Metro Marunouchi Line
    Walk 2 min
  • Ikebukuro Station
    JR Yamanote Line
    Walk 6 min
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Occupied by the seller
Handover
Negotiable

Land & legal restrictions

Site area (whole building)
3,763.3 ㎡
Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
株式会社長谷工コミュニティ

Please confirm the details in the explanation of important matters before purchase.

Around the property

This summarizes expected hazards, past disaster records, designated hazard zones, city planning, the surroundings (stations, schools, medical facilities and more), population, land prices and transactions around the property, based on data from Japan's Ministry of Land, Infrastructure, Transport and Tourism. The position is estimated from the address, so it can differ from the actual lot near the edge of an area. Hazard areas and records shown are only those published by national and local governments; being outside a published area, or not finding a record, does not mean damage cannot occur. Please confirm details on the municipality's hazard map and in the explanation of important matters given at the time of purchase.

Expected hazards nearby

Flood (maximum expected scale)
Not within a published hazard areaFlooding from rivers without a published assessment, and flooding caused by overwhelmed drainage, is not included.
Storm surge
Not within a published hazard area
Tsunami
Not within a published hazard area
Landslide
Not within a published hazard area
Liquefaction
Unlikely to liquefyA tendency for each grid cell of about 250 m, based on landform. It is not an assessment of the lot itself.

Please check your municipality's hazard map for details.

Past disaster records

Published records
No published record was found at this point or within about 300 m

This covers past disaster records published by national and local governments. Not finding a record does not mean that no disaster occurred.

Designated hazard zones

Steep slope failure hazard zone / Landslide prevention zone / Disaster hazard zone / Large-scale fill land
Not included in the published zones

This covers designated zones and maps published by national and local governments. Building and other restrictions may apply inside a zone. Please confirm the details with the municipality and in the explanation of important matters.

City planning

Urbanization zoning
Urbanization promotion area (designated for urban development)
Zoning (use district)
Commercial zone
Floor area ratio · Building coverage ratio
Floor area ratio 600% · Building coverage ratio 80%
Fire protection district
Fire prevention district

Because the position is approximate, this may differ from the designation of the lot itself. Please confirm the actual designation in the explanation of important matters.

Surroundings

要町 (東京地下鉄)
About 38,864 passengers per day (FY2023)About 490 m in a straight line
池袋 (東京地下鉄)
About 500,694 passengers per day (FY2023)About 520 m in a straight line
池袋 (東武鉄道)
About 408,382 passengers per day (FY2023)About 580 m in a straight line
Public elementary school district
池袋第三小学校 (豊島区立)School districts are set by the municipality and may change.
Nearest elementary school
豊島区立池袋第三小学校About 410 m in a straight line
Nearest junior high school
立教池袋中学校About 250 m in a straight line
Nearest high school
立教池袋高等学校About 260 m in a straight line
Nearest university, junior college or technical college
立教大学About 280 m in a straight line
Nurseries and kindergartens
Within 500 m: 5 / within 1 km: 23
Nearest hospital (within 1 km)
医療法人社団 卓秀会 平塚胃腸病院About 370 m in a straight line / Hospitals within 1 km: 6
Clinics
Within 500 m: 56

Distances are straight-line distances from the property's location, not walking times. Passenger figures are the combined daily boardings and alightings published by the railway operator (annual average). Names of stations, schools and facilities are shown in Japanese.

Population outlook nearby

2025 (estimate)
about 1,905 people
2050 (estimate)
about 1,901 people (-0.2% vs 2025)
Share aged 65 and over
17.6% → 26.3% (2025 → 2050)

Data for a grid cell of about 250 m, based on estimates by the Ministry of Land, Infrastructure, Transport and Tourism (starting from the 2020 census). Because the cell is small, it can differ from actual numbers and does not represent the trend of the whole municipality.

Nearby land prices

Commercial land · about 186 m
¥2,030,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+18% vs last year)
Commercial land · about 298 m
¥906,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+12.1% vs last year)
Commercial land · about 349 m
¥1,730,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+17.7% vs last year)

Prices of representative lots selected by the national or prefectural government. They do not indicate the price or value of this property.

Nearby transactions

Overview (2025 Q1 – 2026 Q1)
85 records · median ¥1,375,000 per ㎡ (middle half: ¥1,057,143 – ¥1,625,000)Records for Nishi-Ikebukuro 5-chome, Toshima-ku (used condominiums etc.)

Recent records with a similar floor area

2025 Q3
¥360,000,000・155 ㎡・built 2004Transaction price information (survey-based)
2025 Q3
¥300,000,000・140 ㎡・3LDK・built 2004Transaction price information (survey-based)
2026 Q1
¥230,000,000・95 ㎡・3LDK・built 2004Contract price information
2025 Q2
¥210,000,000・95 ㎡・3LDK・built 2004Contract price information
2025 Q2
¥160,000,000・90 ㎡・built 2004Transaction price information (survey-based)

Records of actual transactions published by the Ministry of Land, Infrastructure, Transport and Tourism. They do not reflect individual circumstances such as floor, orientation or condition, and are not an evaluation of this property's price.

This service uses the API functions of the Real Estate Information Library of the Ministry of Land, Infrastructure, Transport and Tourism, but the timeliness, accuracy and completeness of the information provided are not guaranteed.

Source: Ministry of Land, Infrastructure, Transport and Tourism, Real Estate Information Library (国土交通省 不動産情報ライブラリ). Processed by us for the area around this property.Retrieved: 10/14/2026

Location & Map

Investment Analysis

Est. Gross Yield2.9%
Est. Net Yield2.35%

Calculated from an estimated rent. Actual rent may differ.

Net yield = (annual rent − management fee and repair reserve − property management fee (5.5% of rent)) ÷ (price + purchase costs). Property tax, vacancies and repair costs are not included.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
2.90%
Est. Net Yield
2.35%
If sold after 10 years (before tax)
Annual return (IRR)
1.5%
Net gain
+¥59,970,000
Gain on total investment +14.1%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥398,000,000+¥9,970,000¥-29,730,000-7.0%-7.0%
2yr¥398,000,000+¥19,930,000¥-19,770,000-4.7%-2.4%
3yr¥398,000,000+¥29,900,000¥-9,800,000-2.3%-0.8%
4yr¥398,000,000+¥39,870,000+¥170,0000.0%0.0%
5yr¥398,000,000+¥49,840,000+¥10,140,000+2.4%0.5%
6yr¥398,000,000+¥59,800,000+¥20,100,000+4.7%0.8%
7yr¥398,000,000+¥69,770,000+¥30,070,000+7.1%1.1%
8yr¥398,000,000+¥79,740,000+¥40,040,000+9.4%1.2%
9yr¥398,000,000+¥89,700,000+¥50,000,000+11.8%1.4%
10yr¥398,000,000+¥99,670,000+¥59,970,000+14.1%1.5%

Assumptions

  • Total investment ¥424,440,000 (price ¥398,000,000 + purchase costs ¥26,440,000)
  • Management fee and repair reserve: ¥927,720 per year
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥26,440,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥13,200,000
Real Estate Acquisition Tax (est., rate varies by property type)¥7,160,000
Registration License Tax (title transfer)¥3,580,000
Stamp Duty (purchase agreement)¥60,000
Judicial Scrivener & Other Fees (est.)¥2,440,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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