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What are you looking for?

It’s a simple-yet-complicated question. Buying real estate in Whistler is a daunting process for those new to the community, and while you might know what kind of property you’re searching for, you may not know the best way to get the right one. We use two decades of Whistler real estate experience to streamline the buying process and get you into the home that suits your needs and your dreams. From condos to ski-in-ski-out chalets to commercial properties, there’s a wide range of real estate available for a diverse range of buyers. Contact us now to discover how we can take the pressure out of the purchase, and put you in the right place. And the sooner you’re in a Whistler home, the sooner you can get into the Whistler outdoors.

 

 

Purchase Costs

  1. Legal Fees and Disbursements

    These fees vary by legal firm or notary office as well as due to the property type and purchaser. Each transaction is very different but generally you should expect to pay approximately $700.00 to $1,000.00. I have a number of great conveyancers that I work with regularly and will gladly recommend one at our convenience.

  2. Property Transfer Tax

    This is a Provincial tax which applies on all transfers of real estate and is payable on the Completion date. The charge to transfer the title is 1% on the first $200,000 of the purchase price, 2% on the purchase price that exceeds $200,000 but does not exceed $2,000,000 and 3% on the purchase price that exceeds $2,000,000.

  3. Goods and Services Tax (GST)

    GST is a 5% tax which applies on the purchase of new construction and on the resale of accommodations which have been rented for short-term/nightly rentals. There are ways to defer the payment of GST by becoming a GST registrant and I recommend speaking to a lawyer and/or an accountant familiar with these issues for further advice.

  4. Insurance

    When financing a property one will have to arrange insurance on a single-family home. A condominium or townhouse has insurance on the building arranged through the strata corporation but it is recommended that The Buyer buys contents and third party liability insurance over and above the building policy. I have several brokers that I can recommend that are familiar with Whistler properties.

  5. Tourism Whistler Fees

    This is a fee payable quarterly to Tourism Whistler the marketing arm of our resort. It is calculated based on the number of bed units within and the use of the property. For more information regarding these fees and how they are calculated please contact Tourism Whistler at 604-932-3928.

Where you live is how you live.

From lively urban centres to expansive rural estates, the lifestyle you aspire to is intrinsically wrapped up in the place you choose to be. In Whistler, this translates to an active, passionate lifestyle. Here the seasons evolve with your moods. From the famously generous snowfalls of winter to the perfectly balanced temperatures of summer—and everything in between—Whistler’s seasons are energetic. Charged with the passion of the mountains and the eclectic people they attract. Having a place to call your own in this valley is a surefire way to inject good energy into your life, whether you prefer to watch it from your living room, or submerse yourself in all things wilderness. To be close to Whistler is to bring Whistler close to the heart of who you are.

 

The Whistler real estate market holds opportunity for all kinds of people looking to be a part of this great community. From young families carving out a life in paradise, to those seeking a luxury getaway, to the prospective business owner searching for the perfect location, the possibilities are vast and diverse.

 

Whistler Real Estate Stats

 

  • 15,000+/- residential properties

  • 750 commercial properties

  • 18 distinct neighbourhoods

  • $10 Billion: Assessed value of all properties in Whistler in 2010

  • 1210: Highest number of annual sales in Whistler in past 10 years (2002)

  • 359: Lowest number of annual sales in Whistler in past 10 years (2009)

  • $17,500,000: Largest sale price in Whistler history (2008)

  • $1,101,386: Median sale price of chalet sold in Whistler over the past 10 years

  • $579,840: Median sale price of all properties sold in Whistler over the past 10 years

 

Real Estate in Whistler

The Whistler Real Estate Market is full of opportunities for everyone. We have a wide range of property types that allow us to cater to many different needs and wants. There are just over 15,000 residential and approximately 750 commercial properties within the municipal boundaries in 18 distinct neighbourhoods.

 

For searching purposes properties can be found under the following headings:

  • Condominiums (Condos)
  • Townhomes
  • Chalet
  • Vacant Lot
  • Commercial

 

Residential Use

The properties zoned for residential use are meant to be used for residential purposes and are not to be rented on a short term basis. They may be rented on a long term basis or enjoyed full or part time by the owner and guests.

 

Tourist Accommodation

The properties with this zoning are special in that they have the ability to allow our guests to rent them on a short-term basis, either through a professional rental management firm or through the owner themselves. They also allow owner use which adds a lifestyle component to the investment.Within the tourist accommodation areas there are two distinct property types.

 

  1. Phase One Units

    Also known as "unrestricted units." These properties allow the owner to use the property as much and as often as they like. When the owner is not using the property, short-term (nightly) rental is permitted. There are many options for rental management throughout Whistler and it is important to know which manager to use for the property in question.

  2. Phase Two Units

    Also known as "restricted units" these are condo apartments within an ongoing hotel operation. The owners' number of days of personal usage is restricted to 28 days in the summer season and 28 days in the winter season. The owners days must be booked in advance and through the operator within their management structure. Benefits include revenue, potential tax shelter and various hotel services and facilities. There are many different management structures to understand within each of these units. I have an extensive understanding of any and all of them.

 

Commercial Areas

Commercial areas are set out near the Village and are mostly used for retail or office type businesses. There are many commercial opportunities in Whistler and one should understand the implications of the zoning for each separate parcel of land in Whistler to fully appreciate its potential.

 

Condominiums and Townhomes

Whistler condos and townhomes account for approximately 60% of local real estate. Because they are managed through strata, each owner shares in the cost of the maintenance and upkeep of the common areas of the buildings and land associated with the properties, while enjoying all the benefits of full ownership.

Along with location, the specific zoning of each Whistler condo or townhome is key to understanding the value of the property. Rob Palm’s knowledge can be an important factor for selecting the property that is correct for your use.

 

Chalets

Whistler’s history is rich, and the homes built here throughout the years reflect a dynamic range of builders, architects and owners that have been a part of the Whistler lifestyle.

Whistler homes come in many different sizes and layouts for many different lifestyles and budgets. Location, view, size and age all determine how much you’ll pay for your new slice of paradise, but the range is wide.

Most homes are located within a 5-10 minute drive of the Village and Whistler Blackcomb bases. Values are based on location, land/home size and age of building, quality of construction and interior and exterior systems. Careful consideration to each factor will determine the value of each chalet.

 

Vacant Land

Vacant land is available in Whistler but is becoming more scarce each year. Municipal and provincial regulations—as well as the natural environment—limit development in the valley and it won’t be long before true vacant land in no longer available.

Creating the Whistler chalet of your dreams should be exciting, and you’ll be in good hands with our talented group of local architects, general contractors and professionals. Things to keep in mind include: size of building allowed on a specific plot, the grade of the property, zoning, design guidelines and access to amenities and recreation. Generally speaking, you can build up to 35% of your lot size up to a maximum of 5000 square feet.Estate Lots allow larger homes however these are rare and can only be found in a few select neighbourhoods.

 

Commercial

Commercial Property in Whistler is a very select and unique proposition. Like anywhere there are office spaces, industrial & light industrial as well as store front, restaurant and warehouse spaces throughout Whistler.

Whistler Village is abundant with Store Fronts, Restaurant and office spaces and the location of each is integral to value and lease rates. There are various smaller commercial nodes throughout the municipality that house smaller commercial centres. Some examples of each are Whistler Creek, Nesters, Upper Village at Blackcomb and Rainbow.

Function Junction is our Warehouse, Industrial and Light Industrial centre for the most part in Whistler but it does in some stores, cafes and office spaces as well.

For more complete information on the above, drop me an email or give me a call.

Rob Palm

T: 604 905 2860 | F: 604 932 1279 | E: rob@wrec.com
#17-4308 Main Street, Whistler, BC, V0N 1B4