Disclaimer:
This information is provided for general guidance only and is not intended as financial, legal, or investment advice. All figures are approximate and based on current market trends in Whistler at the time of writing. Actual costs and returns may vary. Please consult with a licensed real estate professional, mortgage advisor, or financial planner before making any property decisions.
Thinking about spending more time in Whistler? Whether you're a weekend warrior or planning extended stays, many visitors face the same question:
Should I rent or buy?
Here’s a clear cost comparison to help you decide.
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1. Upfront Costs
Renting:
* First & last month’s rent: \$5,000–\$10,000 for a 2–3 bedroom
* Security deposit: \$1,000–\$2,500
✅ Low commitment
Owning:
* Down payment: 20% of purchase price
(e.g., \$400K on a \$2M property)
* Closing costs: \~\$15,000–\$30,000 (taxes, legal, inspections)
🔁 High upfront, long-term gain
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2. Monthly Costs
Renting:
* High season: \$8,000–\$15,000/month
* Shoulder season: \$3,000–\$6,000/month
📉 Costs go up, nothing builds equity
Owning:
* Mortgage: Varies (e.g., \~\$6,000/month on \$1.6M loan @ 5%)
* Strata & property taxes: \$600–\$1,500/month
* Maintenance: \$250–\$500/month
🏡 Consistent payments that build equity
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### 💸 3. Revenue Potential
Renting:
* Expense only. No income.
Owning:
* Nightly rentals (Phase 1 zoning): \$300–\$1,200+/night
* Some owners cover 70–100% of their annual costs with rentals
📈 Your second home could become a source of income
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4. 5-Year Snapshot
So… Which One’s Right for You?
Rent if you:
* Visit fewer than 4 weeks/year
* Don’t want long-term commitments
* Are exploring the market
Buy if you:
* Want a legacy asset for your family
* Are tired of booking around others
* Want rental income + long-term appreciation
Contact me anytime if you have any questions or would like more information.
Cheers!
Kyoko Hamazaki
Whistler Realtor | Local Knowledge. Global Reach.
📧 kyoko.hamazaki@remax.net
📞 604-967-1238
🌐 whistlerluxuryhomes.ca
📱 @kyoko_whistlerrealtor