380 Phillip Murray Avenue, Oshawa, ON L1J 1H3
Oshawa
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 380 Phillip Murray Avenue, Oshawa, ON L1J 1H3
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# E12997410
Listed by RE/MAX Jazz INC.
On market since Apr 14, 2026
380 Phillip Murray Avenue, Oshawa, ON L1J 1H3 is listed for $840,000 CAD.
380 Phillip Murray Avenue, Oshawa, ON L1J 1H3 has 7 bedrooms and 3 bathrooms.
380 Phillip Murray Avenue, Oshawa, ON L1J 1H3 is a Detached.
380 Phillip Murray Avenue, Oshawa, ON L1J 1H3 is in Oshawa, Ontario.
380 Phillip Murray Avenue, Oshawa, ON L1J 1H3 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 380 Phillip Murray Avenue, Oshawa, ON L1J 1H3 (MLS# E12997410). You can also send a message through the contact form on this site.
