$899,900

Detached

380 Phillip Murray Avenue, Oshawa, ON

1 DAY
5+2
3
0
1500-2000
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Listed by RE/MAX JAZZ INC.

Property Highlights

Parking

4 spaces

Property Tax

$5,366/yr

Lot Size

7,440 sqft

Style

2-Storey

Basement

Finished

Monthly Cost

$4,247/mo

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.

Monthly Cost

Monthly Mortgage$3,800
Property Tax ($5,366/yr)$447
Total$4,247

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Living Room: 4.45m × 3.68m
Bedroom: 3.23m × 2.84m
Kitchen: 4.47m × 2.90m
Bedroom: 3.81m × 2.74m
Bedroom: 3.20m × 2.90m

Second Level

Bedroom: 4.24m × 3.25m
Bedroom: 4.22m × 2.97m
Kitchen: 4.06m × 3.12m
Living Room: 5.13m × 4.04m

Lower Level

Bedroom: 3.53m × 3.20m
Bedroom: 2.77m × 2.54m
Kitchen: 4.24m × 3.10m
Living Room: 5.13m × 3.20m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage