380 Phillip Murray Avenue Oshawa, Ontario L1J 1H3

7 Bedroom 3 Bathroom 1,500 - 2,000 ft2
None Baseboard Heaters

$899,900

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:15069)

Property Details

MLS® Number E12903214
Property Type Single Family
Neigbourhood Lakeview
Community Name Lakeview
Features Irregular Lot Size, Carpet Free
Parking Space Total 4

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Below Ground 2
Bedrooms Total 7
Appliances Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type N/a (finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Flooring Type Ceramic, Vinyl, Laminate
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 126 Ft ,3 In
Size Frontage 58 Ft ,10 In
Size Irregular 58.9 X 126.3 Ft ; Lot S58.92 X W147.65 X N55.05 X E126.28
Size Total Text 58.9 X 126.3 Ft ; Lot S58.92 X W147.65 X N55.05 X E126.28

Rooms

Level Type Dimensions
Second Level Kitchen 4.06 m x 3.12 m
Second Level Living Room 5.13 m x 4.04 m
Second Level Bedroom 4.22 m x 2.97 m
Second Level Bedroom 4.24 m x 3.25 m
Lower Level Living Room 5.13 m x 3.2 m
Lower Level Bedroom 3.53 m x 3.2 m
Lower Level Bedroom 2.77 m x 2.54 m
Lower Level Kitchen 4.24 m x 3.1 m
Main Level Kitchen 4.47 m x 2.9 m
Main Level Living Room 4.45 m x 3.68 m
Main Level Bedroom 3.81 m x 2.74 m
Main Level Bedroom 3.2 m x 2.9 m
Main Level Bedroom 3.23 m x 2.84 m

https://www.realtor.ca/real-estate/29495778/380-phillip-murray-avenue-oshawa-lakeview-lakeview

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