229 Phillip Murray Avenue, Oshawa

Price: $659,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E14107024

This 3+1 Bedroom, 2-Bath Brick Bungalow Has Classic Curb Appeal, A Covered Front Porch, And A Practical Layout With Plenty Of Room To Make Your Own. Inside, The Main Floor Features A Large Combined Living And Dining Room With Hardwood Flooring And A Beautiful Bow Window That Fills The Space With Natural Light. The Kitchen Offers A Breakfast Area And Pantry For Everyday Convenience, While 3 Bedrooms And A Full Bathroom Complete The Main Level. The Separate Entrance To The Basement Adds Welcome Versatility, Giving The Lower Level Added Independence For Older Kids, Overnight Guests, Hobbies, Or Simply Extra Room To Spread Out. Downstairs, A Generous Recreation Space With Pot Lights And Wet Bar Is Joined By A 3-Piece Bathroom And An Office That Can Also Serve As An Extra Bedroom. Outside, The Fully Fenced Backyard And Large Deck Are Ready For Summer Dinners And Weekends With Friends, While The Oversized Detached Heated 1-Car Garage Adds Parking And Storage. Best Of All, Lakeview Park And The Lake Ontario Waterfront Are Within Walking Distance, Making Trails, Green Space, And Lakeside Days Part Of Everyday Life.

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active
New Listing

$659,900 - 229 Phillip Murray Avenue, Oshawa

Detached for Sale in Oshawa

New — Listed today

Neighbourhood: Lakeview

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
E14107024
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Taxes (2026)
$4,789
Listing Brokerage
DAN PLOWMAN TEAM REALTY INC.
Description

This 3+1 Bedroom, 2-Bath Brick Bungalow Has Classic Curb Appeal, A Covered Front Porch, And A Practical Layout With Plenty Of Room To Make Your Own. Inside, The Main Floor Features A Large Combined Living And Dining Room With Hardwood Flooring And A Beautiful Bow Window That Fills The Space With Natural Light. The Kitchen Offers A Breakfast Area And Pantry For Everyday Convenience, While 3 Bedrooms And A Full Bathroom Complete The Main Level. The Separate Entrance To The Basement Adds Welcome Versatility, Giving The Lower Level Added Independence For Older Kids, Overnight Guests, Hobbies, Or Simply Extra Room To Spread Out. Downstairs, A Generous Recreation Space With Pot Lights And Wet Bar Is Joined By A 3-Piece Bathroom And An Office That Can Also Serve As An Extra Bedroom. Outside, The Fully Fenced Backyard And Large Deck Are Ready For Summer Dinners And Weekends With Friends, While The Oversized Detached Heated 1-Car Garage Adds Parking And Storage. Best Of All, Lakeview Park And The Lake Ontario Waterfront Are Within Walking Distance, Making Trails, Green Space, And Lakeside Days Part Of Everyday Life.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,385.63/mo

Includes CMHC insurance ($18,411)

$
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5%10%50%

5-yr fixed avg.

Principal: $593,910Interest: $403,368
Mortgage Amount$612,321
Total Interest$403,368
Est. Property Tax$467/mo
Total Cost$1,015,689

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Lakeview

Waterfront Transformation in Progress

Lakeview is an exciting neighbourhood undergoing a major transformation from its industrial roots to a vibrant waterfront community. The Lakeview Village development is creating thousands of new homes, parks, and amenities along the Lake Ontario shoreline. Early buyers are positioning themselves in what will become one of the GTA's most sought-after waterfront communities.

Why Live in Lakeview

  • •Major waterfront redevelopment underway
  • •New parks, trails, and community amenities planned
  • •Strong investment potential
  • •Lake Ontario waterfront access
  • •Mix of new condos and established homes

Nearby Schools

Lakeview Junior Public SchoolPublic Elementary
Allan A. Martin Senior Public SchoolPublic Middle School
Cawthra Park Secondary SchoolPublic High School
Father John Redmond CSSCatholic High School

Transit & Commuting

  • •Long Branch GO Station nearby
  • •Future Hurontario LRT connection
  • •MiWay bus routes
  • •Easy access to QEW and Gardiner Expressway

Parks & Amenities

  • •Jim Tovey Lakeview Conservation Area (opening soon)
  • •Lakefront Promenade Park
  • •Marie Curtis Park (nearby)
  • •Planned retail and restaurant district
  • •Future community centre

Lifestyle & Community

Lakeview is perfect for those who want to get in on the ground floor of a major urban transformation. The area offers excellent value with the promise of significant appreciation as the Lakeview Village development completes.

62
Walk Score
$500K - $1.5M
Price Range

229 Phillip Murray Avenue, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$467
Insurance (est.)-$137
Net Cash Flow+$2,596

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $600/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Oshawa's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oshawa. Good resale value as demand remains consistent.

About Lakeview

I know Lakeview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Oshawa properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    229 Phillip Murray Avenue, Oshawa | $659,900 | Battaglia Team