In 1981 Ascott was inducted into the Peterborough Sports Hall of Fame.
In a 2004 ceremony at Rogers Centre, Ascott's jersey number 52 was retired and his name was added to the Argonauts' Wall of Honour.
Ascott lived in Peterborough, with his wife of 50 years, Irene. He had two children, Terry and Barbara, and three granddaughters. He died August 8, 2013, in his hometown.[1][2][3]