For Sale - 380 Phillip Murray Avenue, Oshawa, Ontario

Est payment $4,178/mo
Views   2
Time on Jump  21 day
  • Three fully separated units for privacy and strong rental appeal.
  • Strategic location near Lakeview Park and Lake Ontario shoreline.
  • Stable rental income potential with recent total of $5,450/month.
  • Vacant unit offers immediate flexibility for owners or new tenants.
  • Exceptional commuter access to Highway 401 and Oshawa GO Station.



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.
Listing IDE12997410
Address380 Phillip Murray Avenue
CityOshawa, Ontario
Price$870,000
Bed / Bath7 / 3 Full
Style2-Storey, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Carpet Free, Water Heater OwnedOwnership FreeholdBasement FinishedFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer
Parking 4.00
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Listing Agency:  RE/MAX JAZZ INC.

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380 Phillip Murray Avenue
Oshawa , Ontario
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