For SaleCondominium

Waseda Garden Heights

Nishi-Waseda 2-chome, Shinjuku-ku, Tokyo
  • Corner unit
Asking Price
¥36,800,000
Est. Net Yield: 5.22%
Waseda Garden Heights - 1/5
1 / 5

Executive Summary

This is a 2nd-floor unit in Waseda Garden Heights, a 6-story reinforced concrete (RC) condominium built in June 1979, located in Nishi-Waseda 2-chome, Shinjuku-ku, Tokyo. Transportation access includes a 4-minute walk from Nishi-waseda Station on the Tokyo Metro Fukutoshin Line, a 10-minute walk from Waseda Station on the Tokyo Metro Tozai Line, and a 10-minute walk from Omokagebashi Station on the Tokyo Metropolitan Arakawa Line. The unit is a northwest-facing corner unit with a 1LDK layout, a floor area of 45.4 m², and a balcony area of 2.8 m². It is equipped with a system kitchen, dishwasher, bathroom dryer, reheating function, and air conditioner, and the building features an elevator. Renovation was completed in June 2026. Land rights are ownership, and the zoning is Category I Residential Zone. The property is currently vacant and ready for immediate delivery.

Property Details

Building Area
45.4 ㎡
Layout
1LDK
1 bedroom + living, dining & kitchen
Structure
RC
Built Year
1979
Floors
Floor 2 of 6
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥2,150,000
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 residential zone

Costs besides the price

Parking
None

Building management

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

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

Location & Map

Investment Analysis

Est. Gross Yield5.84%
Est. Net Yield5.22%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.84%
Est. Net Yield
5.22%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥37,350,000+¥1,920,000¥2,470,0006.3%-0.2%
2yr¥37,910,000+¥3,840,000¥4,950,00012.6%3.1%
3yr¥38,480,000+¥5,760,000¥7,440,00018.9%4.2%
4yr¥39,060,000+¥7,680,000¥9,940,00025.3%4.7%
5yr¥39,640,000+¥9,600,000¥12,450,00031.6%5%
6yr¥40,240,000+¥11,520,000¥14,960,00038%5.2%
7yr¥40,840,000+¥13,450,000¥17,490,00044.4%5.3%
8yr¥41,450,000+¥15,370,000¥20,020,00050.9%5.4%
9yr¥42,080,000+¥17,290,000¥22,560,00057.3%5.5%
10yr¥42,710,000+¥19,210,000¥25,120,00063.8%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.)
¥2,550,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,280,400
Real Estate Acquisition Tax (est., rate varies by property type)¥660,000
Registration License Tax (title transfer)¥330,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥270,000

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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