Nightly Rental Real Estate

BC Short Term RENTAL REGISTRY

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Short-term rental hosts in BC must display a valid business licence number on advertisments to comply with the BC Registry.
The Short-Term Rental Accommodations Act was introduced in 2025 to help municipalities regulate short-term rentals.
Registration in the BC program costs $600 per year, while Whistler’s nightly rental business license costs $250 per year.
Whistler’s regulation has been in place since 2017. To avoid fines, nightly rentals require a business licence.

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Phase 2 properties are condo-hotels that allow 56 days of personal use.
When you are not using your phase 2 condo, it must be in the rental pool.
Buyers do pay GST on the purchase of a phase 2 hotel-condo,
The GST on the purchase of a phase 2 condo hotel unit is deferred by applying for a GST number.
Investors prefer Phase 2 properties due to lower listing prices compared to residential or Phase 1 rentals.

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Whistler has specific zones for renting nightly, requiring a tourist accommodation zoning designation.
You cannot legally rent your Whistler property nightly if it only has residential zoning.
A business license from the Resort Municipality of Whistler is essential for operating a nightly rental property.
Rules around nightly rentals are complex and often change, so working with an experienced buyer’s agent is crucial.

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Obtaining a business license is the top risk when buying a nightly rental property.
Delays in securing the business license can lead to lost revenue and complications with the municipality.
Unauthorized renovations can prevent the issuance of a business license and require thorough research.
A rental property manager cannot apply for a business license on behalf of the owner, but they can assist in the process.
The Resort Municipality of Whistler (RMOW) website is a key resource for understanding business license requirements.

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There are 4 types of investment property types in Whistler: rented nightly, business income, rented monthly, and never rented.
Each investment type has unique tax considerations and usage implications for residents and non-residents.
Rented nightly properties must have appropriate zoning, often at a premium price, and can be self-managed or managed by a company.
Business income properties are tied to hotel operations and require CRA approval for classification.
Monthly rentals can be conducted with written agreements, while properties listed as never rented are essentially used as residences.