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canada real estate great response historic idyllic setting

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#1 Hum

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Posted 26 August 2014 - 04:24

It's a real fixer-upper, but a gold mining ghost town surrounded by majestic snow-capped peaks in Canada’s most western province can be had for less than $1 million.

That’s the asking price for the abandoned 50-acre town of Bradian, one of many towns built during British Columbia’s gold mining heyday. It comes complete with streets, vacant lots and 22 empty homes that were built 80 years ago.

There are also breathtaking views, nearby lakes and rivers and piles of snow in the winter. Real estate broker John Lovelace said the historic town in an idyllic setting comes with one big caveat: all the homes are in serious disrepair.

Lovelace put Bradian on the market in 2010 for $1.3 million, but has recently dropped the price to $995,000, or about $907,000 in U.S. currency.

“We have gotten quite a great response from as far away as Australia,” he said. “If somebody went in there with some money and they got the services up to speed and created those (vacant) lots, they’d make a crap load of money. But that’s a five to 10-year process.”

The mine was one of the biggest producers of gold in Canada. Bradian produced 4 million ounces of gold over a 40-year stretch until the mine closed in 1971.

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#2 Xerino

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Posted 30 August 2014 - 04:06

They have a town like that here in California for sale too. For 275,000 you get a chunk of land, tavern, motel, post office, church, and a few other things

#3 OP Hum

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Posted 30 August 2014 - 10:20

Would be cool to buy the mine, and find another vein of Gold. :p



#4 Earthworm_Jim

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Posted 30 August 2014 - 10:50

 

For years, the mine was one of the biggest producers of gold in Canada. Bradian produced 4 million ounces of gold over a 40-year stretch until the mine closed in 1971, when gold dropped to $35 an ounce and the mine’s operators could no longer turn a profit. A new company has been operating the mine on a limited basis since 2011.

 

 

Strange article. Some contradicting facts.   But the above quote clearly says that they ARE MINING GOLD THERE NOW.

 

 

hmm, and the whole place is listed for a price of a single house in nearby Vancouver.