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Showing posts from October, 2012

What is Phase 2 Real Estate in Whistler, B.C.?

What does Phase 2 mean? or What is Phase 2 ownership in Whistler? Phase 2 properties in Whistler allow owners 56 days of personal use a year. ( 28 days in the winter & 28 days in the summer ) The rest of time the unit is available for nightly rental and generating rental revenue for the owner! These differ from 1/4 share or Timeshare units as you are the owner in Fee Simple but there is a restrictive covenant on title requiring the unit to be available for short term rentals when the owners aren't using. Why is there Phase 2 ownership in Whistler? When Whistler was being designed, the city planners and local council looked at what was working and what wasn't working at some of the other mountain resorts south of the border. What they found was, absentee owners that were buying in the high density areas were negatively affecting the local economy. If privately owned units have high vacancy rates, then there is nobody to eat in the...

Whistler Real Estate Market Update - A Stable Real Estate Market & Winter Around The Corner

Whistler - October 4, 2012.    It's that time of year again…the leaves are changing colour, the nights are getting cooler, and it's time for the  Annual Whistler Blackcomb Turkey Sale . All in anticipation of the winter season fast approaching.  However, looking back on the summer, it was a good one in Whistler. After another cool and damp " June-uary " Mother Nature rallied and by mid-July brought us an outstanding mountain summer. Hot, dry sunny days followed by beautiful evenings that could be enjoyed outside, late into the evening. A stroll through the Village on any day, revealed tourists, Vancouver folks and locals taking full advantage of the weather and the activities. Whistler was buzzing with free summer concerts, various sporting events, packed patios, busy strolls and mountain-top activities.  All in-all a good summer to remember!   On the real estate side, the climate of the local market continues to be much the same as ...

The Hilton - Whistler Resort & Spa - 2 Bed / 2 Bath, Just Listed for $349,000!

New Listing at The Hilton Whistler Resort & Spa with Views of Whistler Mountain! Relax and unwind at your very own, mountain view unit at the luxurious, award winning Hilton Whistler Resort & Spa. The hotel is ideally located in the heart of Whistler Village, just steps away from the gondola's of legendary Whistler & Blackcomb Mountains. Named by Conde Nast as the 10th top resort hotel in Canada, the recently appointed CAA/AAA Four Diamond hotel offers an array of world class restaurants, stylish boutiques, and buzzing nightlife at your doorstep. Enjoy two separate suites or open the adjoining door and maximise the 1137 sq ft floor plan. The Hilton also features a heated outdoor pool & hot tub and 24 hour fitness centre. Enjoy awesome rental revenues when your not using. Call me for more information!   Matthew Callaghan - REALTOR ® Sutton Presidents Club Member ® - 2011  Sutton Group - West Coast Realty ...