Whistler Real Estate Listings

As Matthew Callaghan sees it, there are bargains galore in the B.C. resort of Whistler. The real estate agent has listed a one-bedroom condo-hotel unit on Main Street, near Whistler Olympic Plaza for $159,000. That’s a 48-per-cent discount from the 2004 sale price of $303,500 for the 506-square-foot property at the Delta Whistler Village Suites. “Whistler used to be more expensive than Vancouver, but not any more,” said Mr. Callaghan, who works at Sutton Group. Although the real estate market in most of Canada has long left the financial crisis behind, Whistler is still picking up the pieces. While Greater Vancouver’s average housing prices have surged 32 per cent since 2007, Whistler’s property prices have tumbled an average of 23.5 per cent from their peak six years ago. Whistler’s slump shows some areas of the country are still recovering from the economic shockwaves that came after the collapse of Lehman Brothers in 2008. The resort area remains a tough sell for Canadia...

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...