March 2025 Market Update

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Whistler Real Estate Market Update

Whistler Real Estate Market Update March 2025. Reviewing the stats for February, and analyzing them with my Whistler colleagues, the conclusion reached…the Whistler real estate market is in a holding pattern, with nothing of note happening. Yes, there was a modest increase in sales and inventory with a slight decrease in new listings, but the excitement of buying a property in Whistler is not as prevalent as it was in early January. However, this stale market does expose those who need to sell. Buyers who know what they want there are opportunities waiting. In February there were:

  • 40 sales
  • 270 listings available for sale
  • 73 new listings
  • sales to active listings ratio was 15%.
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Nightly Rental License

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Business License Required for Renting Nightly

What is the #1 Risk when Buying a Nightly Rental Property in Whistler? Getting the business license! This license application takes place once you own the property. The municipality will send an inspector to check the property against the original building plans, and any renovation plans they have on file. If there’s anything that differs between those plans and your property that’s when the headache begins. Now when there’s a delay in getting your business license it means that no revenue is being earned.

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4 Types of Investment

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Four Types of Investment Real Estate

4 types of investment property, therefore 4 types of tax considerations for non-residents and residents purchasing real estate in Whistler: 1) rented nightly, 2) business income, 3) rented monthly, and 4) never rented.

Next, determine the intent of your purchase, How do you intend to use the property? How often will you use it? Do you need the property to earn revenue and if so how much? Is it an asset class you’ll purchase and never use?

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Non-Resident: Buyers Welcome

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Can Non-Residents Buy Real Estate In Whistler?

Can non-residents buy real estate in Whistler?

YES!! There’s no foreign buyer ban in Whistler, British Columbia. Non-residents are welcome to buy Whistler real estate. The Government of Canada announced that the foreign buyer ban would extend to January 2027, and after that who knows! I’m Marion Anderson and I help people buy real estate and Whistler.

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Non-Resident: LLC Purchase

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Non-Residents and Buying Property in an LLC

Can I put the property purchase in an LLC? No. The LLC arrangement for business ownership is not offered in Canada. In Canada a holding company, or Holdco is a firm that exercises control over any asset class. A Holdco earns money by collecting dividends. For Canadian mortgages in a company name the company has to be registered in British Columbia. This is a holding company and everyone who is a shareholder personally guarantees the mortgage.

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