$789,000Asking Price
497 Phillip Murray Avenue, Oshawa, ON L1J 1H7
Lakeview, Oshawa
Rare 60ft frontage! Legal two-unit home as of November 2023! Large Updated/Renovated Bungalow within the highly desirable Lakeview Community! Located directly on a public transit route, and in proximity to the Oshawa GO/VIA station and Hwy 401. Walking distance to lakefront, park trails associated with the Oshawa Valleylands Conservation Area, public/catholic schools and other amenities! Recent upgrades include new roof and eavestroughs, exterior stucco and fresh sod [2025]. Newly renovated main floor with new bathroom, kitchen and flooring [2006]. Basement recently upgraded & currently rented. Tenant willing to stay. Two laundry facilities for convenience. Previously approved for severance into two 30'footer lots [January 2023 - Application lapsed]. This property offers outstanding versatility for both investors and owner-occupants. Great potential for future development or value-add. Perfect live-in/rental income opportunity with strong cash flow potential. Live in the bright, renovated main floor while generating rental income from the legal basement unit!
Rare 60ft frontage! Legal two-unit home as of November 2023! Large Updated/Renovated Bungalow within the highly desirable Lakeview Community! Located directly on a public transit route, and in proximity to the Oshawa GO/VIA station and Hwy 401. Walking distance to lakefront, park trails associated with the Oshawa Valleylands Conservation Area, public/catholic schools and other amenities! Recent upgrades include new roof and eavestroughs, exterior stucco and fresh sod [2025]. Newly renovated main floor with new bathroom, kitchen and flooring [2006]. Basement recently upgraded & currently rented. Tenant willing to stay. Two laundry facilities for convenience. Previously approved for severance into two 30'footer lots [January 2023 - Application lapsed]. This property offers outstanding versatility for both investors and owner-occupants. Great potential for future development or value-add. Perfect live-in/rental income opportunity with strong cash flow potential. Live in the bright, renovated main floor while generating rental income from the legal basement unit!
See MoreKey Info
- Bungalow Detached
- 4-Car Driveway
- 1-Car Attached Garage
- Phillip Murray/Cedar St
- 700-1100 Approximate Sq Feet
- Basement Apartment
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 60.06 x 109.4 Feet
- Taxes were $4,970 in 2025
- Possession: 30/60/90
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #E13131180
- CONCORD REALTY GROUP INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 11.42' x 11.15' | |
 | 1 3-Piece Bathroom on Ground Floor | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
Lakeview, Oshawa is an east GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, youth aged 20 to 24 and adults aged 25 to 34, 25 to 34, 25 to 34 and 25 to 34.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
55%
of residents are
single and loving it.
55% singles
Oshawa (47%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
44%
of residents
are renters.
44% renters
Oshawa (32%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
9%
of residents are
university grads.
9% university grads
Oshawa (19%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$73K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Trades | 14% |
| Business | 8% |
| Government | 5% |
| Manufacturing | 5% |
Immigrants
11%
of residents were
born outside of Canada.
11% immigrants
Oshawa (18%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
1.8% from UK
All-time
Birthplace - Recent
0.3% from Jamaica
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| Spanish | 1% |
| Portuguese | 1% |
| Polish | 1% |
Religions
Religions
| Christian | 63% |
| Buddhist | 1% |
| Muslim | 1% |
