380 PHILLIP MURRAY AVENUE, Oshawa (Lakeview)

2026-04-14
 

Quick Summary

Location
380 PHILLIP MURRAY AVENUE, Oshawa (Lakeview), Ontario L1J1H3
Price
$840,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1500 - 2000 sqft
Bedrooms:
5 bed +2
Bathrooms:
3
Garages:
4

MLS®#E12997410

Property Description

Strategic income property in one of South Oshawa's most underrated lake-adjacent pockets. Legally registered as 2 units with an additional self-contained basement unit, this solid 2-storey brick property offers three fully separated units - each occupying its own level for privacy and strong rental appeal. The layout includes two 2-bedroom units and one spacious 3-bedroom unit. All units have separate electrical panels with electric baseboard heat. Shared laundry is located in the basement. Most recent rents totalled $5,450/month with tenants paying their own utilities. Unit 2 is currently vacant - creating immediate flexibility. Set new market rent as an investor, or live in the vacant unit and offset your mortgage with approximately $3,250/month from the other two units. What truly sets this property apart is its location. Just minutes to Lakeview Park and the Lake Ontario shoreline, you get the lifestyle benefits of waterfront living - morning walks along the trail, cooling summer lake breezes, and a peaceful, established-community feel - without paying waterfront taxes. This pocket offers a rare balance: residential charm with exceptional commuter convenience. Minutes to Highway 401, close to Oshawa GO Station, near major industrial employers, shopping, parks, and transit. Rental demand here remains steady due to lake proximity and commuter access, and properties this close to the shoreline are limited - supporting long-term value and stability. Whether you're expanding your portfolio or house hacking your way into ownership, this property offers cash flow today and smart positioning for tomorrow. Note: Unit 1 photos are from a prior listing. Unit 2 photos are virtually staged. (id:32467)

Property Features

Building

  • Appliances: Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
  • Basement Development: Finished
  • Basement Type: N/A (Finished)
  • Construction Style: Detached
  • Cooling Type: None
  • Exterior Finish: Brick
  • Fireplace: No
  • Flooring Type: Ceramic, Vinyl, Laminate
  • Interior Size: 1500 - 2000 sqft
  • Building Type: House
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Irregular lot size, Carpet Free

Land

  • Land Size: 58.9 x 126.3 FT ; Lot S58.92 x W147.65 x N55.05 x E126.28
  • Sewer: Sanitary sewer

Ownership

  • Type: Freehold

Information entered by RE/MAX Jazz INC.
Listing information last updated on: 2026-06-08 19:50:15


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