On October 5, 1985 Nancy and Mario Adamo paid more than $1 million dollars to purchase the building and property—now known as Hockley Valley Resort—located 45 minutes north of Toronto.
The land was beautiful and close to Toronto, but the facilities were in shambles. The existing 28- room hotel had been poorly maintained for years, an adjacent 10,000 sq.ft. building looked like an unfinished airplane hanger. A small outdoor swimming pool was in disrepair and the ski hill was serviced by only T-bars and a rope tow. The property had been through multiple bankruptcies prior to the Adamo purchase.