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$1,049,999
Ottawa
204 Compton Avenue, Ottawa, Ontario, K2B5A9
This 7-bedroom, 3-bathroom home in Ottawa is for sale offering roughly 2,250 sq ft of space. It has been on the market 43 days, fresher than the Ottawa average of 62 days.
DEVELOPERS, INVESTORS & MULTI-GENERATIONAL FAMILIES - a rare opportunity in the heart of Woodpark. Situated on an oversized 80' x 80' lot with N3B zoning, 204 Compton Avenue offers exceptional flexibility, immediate usability and significant long-term potential. For developers, the substantial lot size creates an exciting opportunity to explore a variety of low-rise residential development options, including the potential for a 4-12 unit project, subject to applicable zoning provisions, setbacks, servicing requirements and City approvals. For investors, the existing three-storey home features 7 bedrooms and 2 kitchens, creating the potential to generate rental income while planning for future redevelopment or holding for long-term appreciation. For multi-generational families, the home's size and layout provide the space, separation and versatility needed to comfortably accommodate extended family under one roof. The location is equally impressive - on a quiet, family-friendly street in the hub of Woodpark, just 6 doors from the LRT, one street from Woodroffe Public School, and close to Carlingwood Shopping Centre, the Ottawa Public Library and the Ottawa River pathways. Whether your plan is to develop, invest, hold for the future or create a multi-generational home, the oversized lot, prime location and flexible existing residence make 204 Compton a truly unique opportunity. Buyers to complete their own due diligence regarding zoning, development potential, servicing and future use. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 43 days on market, against an average age of 62 days across the listings currently for sale in this city
This 7-bed single family in Ottawa has been listed for 43 days, which is 19 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,049,999, about 14.6× the local median household income of $72,000.
Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 185% above the area median.
Source: Statistics Canada, 2021 Census (FSA K2B)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.