A nightly rental property is one of the 4 types of investment real estate in Whistler, BC. Whistler has restrictions on each property and development, so not all properties can be rented out nightly.
The Zoning for properties with the legal right to rent nightly is referred to as tourist accommodation zoning, and in this case, there’ll be a phase one covenant on the title. There are options to rent through an experienced rental management company, or self-manage your property.
Some properties have a mandatory management company bylaw, and others have mandatory terms regarding their rental pool. There are lots of options with this type of zoning. Sound convoluted?
Business license
To operate a nightly rental property you will need a business license from the Resort Municipality of Whistler. Check out my blog, What is the #1 risk of buying a nightly rental property?
Next Steps
It can be convoluted to navigate the rules for nightly rentals in Whistler, and it is not getting any simpler. Rules and regulations are changed with new ones added, not only on a local level, but now on a Provincial level. Make sure you work with an experienced buyer’s agent, it is Buyer Beware in BC!
If you think I would be a good fit to work with you and your family, and you are not already working with a Whistler realtor, please contact me. My name is Marion Anderson, and I help people buy real estate in Whistler.
Marion Anderson Personal Real Estate Corporation
Sutton Group – West Coast Realty, Whistler
marion@marionanderson.com (604) 938-3885