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$840,000

380 PHILLIP MURRAY AVENUE, Oshawa (Lakeview), Ontario, L1J 1H3

MLS® # E12997410

5+2 Beds

Baths

1500 - 2000  FEETSQ

QuickQuoteTM: Not Available

Oshawa (Lakeview) ON, L1J 1H3

MLS® # E12997410

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft Square Feet
  • Flooring Type: Ceramic, Vinyl, Laminate
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5+2
  • Bathrooms: 3
  • Features: Irregular lot size, Carpet Free
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 126.2 Feet
  • Lot Frontage: 58.8 Feet
  • Lot Size: 58.9 x 126.3 FT ; Lot S58.92 x W147.65 x N55.05 x E126.28
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Kitchen 2nd Level 4.06 m x 3.12 m
  • Living 2nd Level 5.13 m x 4.04 m
  • Bedroom 2nd Level 4.22 m x 2.97 m
  • Bedroom 2nd Level 4.24 m x 3.25 m
  • Living Lower Level 5.13 m x 3.20 m
  • Bedroom Lower Level 3.53 m x 3.20 m
  • Bedroom Lower Level 2.77 m x 2.54 m
  • Kitchen Lower Level 4.24 m x 3.10 m
  • Kitchen Main Level 4.47 m x 2.90 m
  • Living Main Level 4.45 m x 3.68 m
  • Bedroom Main Level 3.81 m x 2.74 m
  • Bedroom Main Level 3.20 m x 2.90 m
  • Bedroom Main Level 3.23 m x 2.84 m

Convert Measurement to:


Courtesy of: RE/MAX Jazz INC.

REALTOR.ca  

Potential Investment Performance

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Location of 380 PHILLIP MURRAY AVENUE, Oshawa (Lakeview), Ontario, L1J 1H3

Demographic Information of 380 PHILLIP MURRAY AVENUE, Oshawa (Lakeview), Ontario, L1J 1H3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,739.85

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.66 %

High school certificate or equivalent

34.67 %

Apprenticeship trade certificate/diploma

4.65 %

College/non-university certificate

26.88 %

University Degree

12.14 %

Commuter

Travel To Work

By Car

87.62 %

By Public Transit

2.96 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

9.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.38 %

Houses

91.62 %

Own Vs. Rent