767 Phillip Murray Avenue, Oshawa

Price: $765,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13164902

Attractive and well-built, this 1960s bungalow has been beautifully updated with luxurious finishes that rival those of a brand-new home. Stripped right down to the bare walls, all electrical wiring and plumbing have been completely replaced to meet today's rigorous property standards. Interior Highlights: Enjoy beautiful ceramic and laminate flooring throughout, stunning quartz countertops, and state-of-the-art stainless steel appliances. All cabinetry has been custom-built to perfectly maximize space and function. A wireless, remote-controlled security system is included, giving you peace of mind whether you are at home or away. All windows and doors are new, and a convenient exterior sliding door was added to the Primary Bedroom for easy backyard access. Both the front and rear yards have been resodded. Recent exterior upgrades include crafted fence design and gates, new interlocking front and rear patios, and a brand-new deck off the Primary Bedroom. There is a shared laundry space just outside the in-law suite, as well as the original laundry area retained in the basement suite, accommodating two separate laundry pairs. Whether you choose to create a home full of lifetime memories for your entire family, or want to pay off your mortgage sooner by utilizing the basement suite's rental potential, this property perfectly blends solid vintage construction with high-end, modern living. You are invited to come discover all the possibilities of turning this exceptional house into your cherished home - Arrange your personal viewing soon!

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$765,000 - 767 Phillip Murray Avenue, Oshawa

Detached for Sale in Oshawa

46 days on market

Neighbourhood: Lakeview

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13164902
Property Type
Detached
Status
active
Days on Site
46
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Oshawa
Lot Size
5,253 sqft
Listing Brokerage
ENGEL & VOLKERS TORONTO CENTRAL
Description

Attractive and well-built, this 1960s bungalow has been beautifully updated with luxurious finishes that rival those of a brand-new home. Stripped right down to the bare walls, all electrical wiring and plumbing have been completely replaced to meet today's rigorous property standards. Interior Highlights: Enjoy beautiful ceramic and laminate flooring throughout, stunning quartz countertops, and state-of-the-art stainless steel appliances. All cabinetry has been custom-built to perfectly maximize space and function. A wireless, remote-controlled security system is included, giving you peace of mind whether you are at home or away. All windows and doors are new, and a convenient exterior sliding door was added to the Primary Bedroom for easy backyard access. Both the front and rear yards have been resodded. Recent exterior upgrades include crafted fence design and gates, new interlocking front and rear patios, and a brand-new deck off the Primary Bedroom. There is a shared laundry space just outside the in-law suite, as well as the original laundry area retained in the basement suite, accommodating two separate laundry pairs. Whether you choose to create a home full of lifetime memories for your entire family, or want to pay off your mortgage sooner by utilizing the basement suite's rental potential, this property perfectly blends solid vintage construction with high-end, modern living. You are invited to come discover all the possibilities of turning this exceptional house into your cherished home - Arrange your personal viewing soon!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,924.85/mo

Includes CMHC insurance ($21,344)

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5-yr fixed avg.

Principal: $688,500Interest: $467,610
Mortgage Amount$709,844
Total Interest$467,610
Est. Property Tax$542/mo
Total Cost$1,177,454

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

767 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)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$542
Insurance (est.)-$159
Net Cash Flow+$2,499

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

Fair Market Value

At $1093/sqft, this property is priced in line with current Oshawa market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 46 days on site, this property has exceeded the typical selling timeline for Oshawa. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    767 Phillip Murray Avenue, Oshawa | $765,000 | Battaglia Team