Whistler Ski-in/Ski-out Real Estate For Sale

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Estimated reading time: 2 minutes

Key Takeaways

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.

Estimated reading time: 6 minutes

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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.

Estimated reading time: 4 minutes

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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.

Estimated reading time: 2 minutes

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There is no foreign buyer ban in Whistler, British Columbia; non-residents can purchase real estate.
The Canadian foreign buyer ban lasts until January 2027, but it does not apply to Whistler.
Four types of investment properties affect tax considerations for non-resident buyers in BC real estate.
The buying process is similar for resident and non-resident buyers, though fund transfers can be complicated.
Marion Anderson helps non-residents navigate real estate purchases in Whistler.

Estimated reading time: 4 minutes

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LLC arrangements for business ownership do not exist in Canada; instead, holding companies (Holdcos) operate under specific regulations.
American buyers may prefer to use an LLC to shield property from litigation, but Canadian laws require alternative structures like Holdcos.
For mortgages in a company name, the company must register in British Columbia, and shareholders personally guarantee the mortgage.
Insurance for properties owned by Holdcos may be difficult to obtain due to potential liabilities associated with the company.
When selling a property in a Holdco, capital gains tax applies unless the property qualifies as a principal residence.