Buy Your Own Canadian Ski Resort For $900K

Buy Your Own Canadian Ski Resort For $900K

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Buy Your Own Canadian Ski Resort For $900K

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Mont Farlagne, located in New Brunswick, Canada is up for sale. The ski area has 22 trails, two lifts and a T-bar. The resort has been owned since 2004 when Gallant Enterprises bought the property for $650,000. According to reports, the initial asking price of $2.3 million, set when the center went up for sale in January, has since been reduced to $900,000. That’s less than the cost of a condo in Vail…

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History

Mont Farlagne began operations in January 1969 under the direction of Edmundston Ski Ltd. The hill was built on land owned by the family of its first president, Judge Robert Rice qc. Before its official opening, many steps had been taken to establish the ski hill. Construction had begun in the fall of 1968 following a fundraising campaign in the community. At that time, the trails, lift and lodge had begun to take shape. When Mont Farlagne opened it had four trails: Family, Rice, Casse-Cou and Fraser. The latter was the only one lit for night skiing.

To maintain a steady source of income, Edmundston Ski and Country Club was founded in 1969 and operated until 1984. During these early years, its main activity was the Bar, and around it some activities – including races- were organized. The memberships for the bar were very important revenue for the hill and its status among the community was renowned. As for skiing, in its first year of operation a lift ticket cost $ 8.00 for adults and $ 6.00 for students, the year membership for skiing was $ 110.00. Keep Reading….

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