If you're considering buying property in Whistler as an investment for renting, there are unique property covenants to consider. These covenants aim to ensure an adequate supply of tourist accommodations in Whistler. To make an informed choice, it's important to understand the difference between Phase 1 and Phase 2 properties. Do you plan to use the property occasionally, or would you like the option to live in it full-time and rent it out when not in use? These are factors to weigh before beginning your search for your piece of Whistler real estate.

Now, let's explore Phase 1 and Phase 2 properties. While they come with some rules, as with any adventure, there are always exceptions and nuances to keep things interesting. That's where a local agent can be a valuable resource to help you navigate the process.

Phase 1 properties offer unlimited use. Owners can reside in them year-round or choose to rent them for the long term or nightly. You can find these properties throughout Whistler Village and the Benchlands. If you don't live in the property, it may need to be available for rental, and certain Strata rules might require you to use a specific rental management company.

Quick Phase 1 Property Facts:

Year-round residency is an option.
You can rent monthly or nightly.

Phase 2 properties are more restricted in use. Owners can use the property for up to 28 days in the summer and 28 days in the winter, with details specified in the covenants. The property becomes part of an integrated rental pool when not in use, managed by the Strata and a chosen rental management company. Phase 2 properties are often found in hotel complexes, like The Four Seasons Resort Whistler or the Westin.

Quick Phase 2 Property Facts:

Usage is limited to 28 days in summer and 28 days in winter.
The property must be available for commercial rental when not in owner use.

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