Lions Mansion Tokiwadai: A Bright Investment Apartment in Tokyo's Itabashi Ward
This property is a 1K apartment for sale within the Lions Mansion Tokiwadai building, located in Itabashi Ward, Tokyo. The apartment offers a compact yet functional living space with a wall-core exclusive area of 20.91 sqm (approximately 6.32 tsubo). The layout includes a Western-style room of 7.4 tatami mats. Key features of the property include two-sided natural lighting, a corner unit position, and an exterior finished with tiles. The building itself is a 5-story reinforced concrete (RC) structure, and this unit is situated on the 2nd floor. It was constructed in June 1988.
The apartment comes equipped with a system kitchen featuring an IH cooking heater, ample storage space, an air conditioning unit, an indoor washing machine space, city gas, a water heater, and building elevator access. A special note indicates the property is currently tenanted, with an owner change planned. The projected annual rental income is 696,000 yen, yielding an estimated annual return of 6.95%. The management is fully entrusted to a巡回管理会社 (patrol-based management company), specifically (株)大京アステージ. The transaction method is listed as 専任媒介 (exclusive agency).
The area is well-connected, being just a 10-minute walk from Tokiwadai Station on the Tobu Tojo Line, providing easy access to central Tokyo. An interesting local fact is that Itabashi Ward is home to the historic Itabashi Hachiman Shrine, which dates back over 800 years and is a designated cultural property of the ward. The closest major landmark is the expansive and popular tourist destination of Tokyo Dome City, located a few stations away, which offers an amusement park, shopping, and the Tokyo Dome stadium itself.