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$1,140,000

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:5764)

7 Beds ⋅ 3 Baths ⋅ X13818008 MLS® #

204 Compton Avenue, Ottawa

Listing courtesy of INNOVATION REALTY LTD..