5 Beds 3 Bath

380 Phillip Murray Avenue, Oshawa, ON L1J 1H3

Oshawa L1J 1H3 Ontario

MLS: E12903214

$899,900

Added 2 hours ago | For Sale

Listed by: RE/MAX JAZZ INC.

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:3
  • Land Size: 58.92 X 126.28
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Sharbot / Phillip Murray
  • Basement:Finished , Finished
  • Possession Date:Immediate
  • Annual Property taxes: $5366.15
  • Bedrooms:5 +2
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:E12903214

Level Type Features Dimensions
Main Kitchen Ceramic Floor, Stainless Steel Appl 14 ft, 8 in x 9 ft, 6 in
Living Room Vinyl Floor, Window 14 ft, 7 in x 12 ft, 1 in
Bedroom Vinyl Floor, Window 12 ft, 6 in x 9 ft
Bedroom Laminate, Window 10 ft, 6 in x 9 ft, 6 in
Bedroom Laminate, W/O To Patio, Window 10 ft, 7 in x 9 ft, 4 in
Second Kitchen Combined w/Dining, Quartz Counter 13 ft, 4 in x 10 ft, 3 in
Living Room Vinyl Floor 16 ft, 10 in x 13 ft, 3 in
Bedroom Vinyl Floor, Window 13 ft, 10 in x 9 ft, 9 in
Bedroom Vinyl Floor, Window, W/O To Patio 13 ft, 11 in x 10 ft, 8 in
Lower Kitchen Stainless Steel Appl, Vinyl Floor 13 ft, 11 in x 10 ft, 2 in
Living Room Vinyl Floor 16 ft, 10 in x 10 ft, 6 in
Bedroom Vinyl Floor 11 ft, 7 in x 10 ft, 6 in
Bedroom Vinyl Floor 9 ft, 1 in x 8 ft, 4 in

No property rooms available.

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