For Sale: 380 Phillip Murray Avenue, Oshawa, ON - REW
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$840,000
7 bd 3 ba 1500 - 1999 sf House

380 Phillip Murray AvenueOshawa, ON, L1J 1H3

Lakeview
  • 7 Bed
  • 3 Bath
  • 1500 - 1999 Sqft
  • House

About this home

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:63626)
Listed by: Anita Bongers-Lewis, Salesperson, RE/MAX Jazz INC.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,366
Home facts
Bedrooms
7
Full Bathrooms
3
Parking Spaces
4
Parking Details
No Garage
Property Type
House
Depth
126.3 feet
Frontage
58.1 feet
Title
Freehold
Exterior Finish
Brick
Heating Type
Baseboard heaters, Electric
Basement Details
Finished,
Features
Carpet Free, Irregular lot size
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater
Community
Agent details
Primary Agent
Primary Broker
RE/MAX Jazz INC.
Listing details
Days on REW
57 Days
Property Views
16
MLS® Number
E12997410
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

G L Roberts Collegiate Vocational Institute
  • Public
  • 9 - 12
Lakewoods Public School
  • Public
  • JK - 8
Dr C F Cannon Public School
  • Public
  • JK - 8
Monsignor Philip Coffey Catholic School
  • Catholic
  • JK - 8
Glenholme Public School
  • Public
  • K - 8
Glen Street Public School
  • Public
  • JK - 8
Bobby Orr Public School
  • Public
  • JK - 8
Monsignor John Pereyma School
  • Catholic
  • 7 - 12
College Hill Public School
  • Public
  • JK - 8
ÉÉC Corpus-Christi
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-09.