497 Phillip Murray Avenue, Oshawa, ON

$789,000
MLS#:E13131180
5 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $789,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 60.06 x 109.4 ft lot
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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!

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStucco (Plaster)
Lot Size60.06 × 109.4 Feet
CountyDurham
Annual Tax$4,970
Legal DescriptionLT 59 PL 653 CITY OF OSHAWA

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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497 Phillip Murray Avenue, Oshawa, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 497 Phillip Murray Avenue, Oshawa, ON L1J 1H7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$631,200
Monthly Mortgage$3,667
Property Tax (Est.)$414
Utilities & Maint.$350
Total Monthly Cost$4,431

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

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No current listings found in Oshawa.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.