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Buying Advice - Zoning in Whistler
The real estate market in Whistler is unparalleled. With a bed unit cap (see below), phenomenal growth and buyers and sellers from around the world, there are many different real estate opportunities in Whistler that just don?t exist in other markets.
There are over twenty-five different types of residential zoning in the Whistler area. Some of these zonings allow the use of the property for the purposes of short term rental and some prohibit it. We are happy to outline for you the exact details of the zoning which affects the property you are interested in.
Individual properties that permit usage as tourist accommodation may also have covenants registered against the title which determine the amount and type of personal and public usage of the property. These are generally referred to as Phase One and Phase Two properties are found, for the most part, in the Whistler Village and the Blackcomb Benchlands.
Phase One Units
These units are also known as "unrestricted" and are mostly one to two bedroom condominiums found in the Village in lodges. There are no restrictions on owner usage of these condominiums, but there is an organized rental program available for times when the owner would like the property rented out.
Phase Two Units
These units are also known as "restricted" and are studio, one and two bedroom apartment condominiums incorporated in an ongoing hotel operation. The number of days that the owner is allowed to use the unit is restricted to 28 days in the winter and summer. There are no restrictions in the off-peak spring and fall. The benefits to these units include revenue, potential tax shelter and the various hotel services and facilities. These investments are best for the occasional visitor to Whistler or for the investor interested in revenue only.
These zoning regulations create opportunities for investment in Whistler that we can help you to understand more completely. Please contact us directly for further information on zoning in Whistler.
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