A British Columbia Supreme Court ruled in favor of a sale of Mount Baldy in a foreclosure case brought by a secured creditor. G-Force Real Estate Inc., is the marketing agent and has received a conduct of sale to sell substantially all of the assets of Mount Baldy Ski Corporation and related companies.
Mount Baldy is located in the south Okanagan Valley of British Columbia and has a base elevation of 5,700 feet. Mount Baldy has two chairlifts and a conveyor lift, 750 acres of skiable terrain, 1,300 vertical feet and 30 runs, in addition to over 120 cabins and condos and a day lodge. The area had embarked on a master plan, which was approved by the government of B.C., that called for 13 additional chairlifts reaching 4,400 acres of terrain, 2,300 vertical feet and 150 runs, as well as a golf course and water park. The plan also calls for development of a commerical and residential village.
The sale includes four development lots totaling 44 acres.
For more information, contact G-Force Real Estate.