For SaleCondominium

Tokiwadai Sun Heights

Tokiwadai 3-chome, Itabashi-ku, Tokyo
  • Corner unit
Asking Price
¥17,800,000
Est. Net Yield: 5.24%
Tokiwadai Sun Heights - 1/1
1 / 1

Executive Summary

Tokiwadai Sun Heights is a 7-story steel framed reinforced concrete (SRC) condominium built in October 1970, located in Tokiwadai 3-chome, Itabashi-ku, Tokyo. It is situated an 8-minute walk from Kami-Itabashi Station on the Tobu Tojo Line and a 10-minute walk from Tokiwadai Station on the same line. The unit is a southeast-facing corner unit on the 4th floor, with a floor area of 36.2㎡ and a 1DK layout. Major facilities include a fitted kitchen, bathroom dryer, bidet toilet seat, air conditioning, video intercom, and elevator, with a renovation completed in October 2026. The land rights are freehold ownership, and the zoning is Category I Medium-and-High-Rise Residential Zone. The total number of units is 41, the management format is self-managed with no on-site staff, parking is currently full, and the property is vacant and available for immediate handover.

Property Details

Building Area
36.2 ㎡
Layout
1DK
1 bedroom + dining kitchen
Structure
SRC
Built Year
1970
Floors
Floor 4 of 7
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,130,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Category 1 mid/high-rise residential zone

Costs besides the price

Parking
No space available

Building management

Management type
Self-managed
Building manager
不在
Total units
41 units

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

Location & Map

Investment Analysis

Est. Gross Yield6.32%
Est. Net Yield5.24%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
6.32%
Est. Net Yield
5.24%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥18,070,000+¥930,000¥1,200,0006.3%-0.5%
2yr¥18,340,000+¥1,870,000¥2,410,00012.6%2.9%
3yr¥18,610,000+¥2,800,000¥3,610,00018.9%4.1%
4yr¥18,890,000+¥3,730,000¥4,830,00025.3%4.6%
5yr¥19,180,000+¥4,670,000¥6,040,00031.6%5%
6yr¥19,460,000+¥5,600,000¥7,260,00038%5.2%
7yr¥19,760,000+¥6,540,000¥8,490,00044.4%5.3%
8yr¥20,050,000+¥7,470,000¥9,720,00050.9%5.4%
9yr¥20,350,000+¥8,400,000¥10,950,00057.3%5.5%
10yr¥20,660,000+¥9,340,000¥12,190,00063.8%5.5%

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.)
¥1,303,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥653,400
Real Estate Acquisition Tax (est., rate varies by property type)¥320,000
Registration License Tax (title transfer)¥160,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥160,000

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

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Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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