$1,140,000
For sale: Detached

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.
Sold data
Detached homes in Ottawa took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 49, across 1,073 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.
The median sale price was $830,000.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 1,073 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$898,800
Detached1300 FIELD STREET, 5401 - Bel Air Park, Ottawa

$875,000
Detached1136 CASTLE HILL CRESCENT, 5405 - Copeland Park, Ottawa

$1,239,000
Detached83 LEACOCK DRIVE, 9001 - Kanata - Beaverbrook, Ottawa

$799,999
Detached1305 AVENUE N AVENUE, 3601 - Eastway Gardens/Industrial Park, Ottawa

$1,450,000
Detached7040 DONWEL DRIVE, 1601 - Greely, Ottawa

$1,096,000
Detached272 VIA SAN MARINO STREET, 7706 - Barrhaven - Longfields, Ottawa

$899,999
Detached3100 KLONDIKE ROAD W, 8210 - Rideau Twp South To Roger Stevens Drive, Ottawa

$1,250,000
Detached1831 HAIG DRIVE S, 3701 - Elmvale Acres, Ottawa