Whistler has many unique property types which are geared toward the part-time resort resident, the property investor, and those of us that live here on a full-time basis. These types you would traditionally recognize as Condos, Townhomes, Single Family and Duplexes.
Shared Ownership include half, quarter and one tenth options and there are also single week timeshare.
Residential Restricted properties are sprinkled throughout the Resort in various sub-divisions and Buyers must meet certain criteria to qualify.
ZONING IN WHISTLER
In the early stages of planning for Whistler it was imperative that visitors and part-time residents to the resort be accommodated. As a result, some unique zoning and covenant by-laws were created based on location and property type. The main ones are:
Phase I Covenant - the owner has unlimited personal use and the property should be made available for nightly, short-term or long term rental when not in use by the owner. In most cases the owner can choose their own management company, rent themselves or a combo of both.
Phase II Covenant - generally speaking these are described as condo-hotel properties such as the Four Seasons Resort, Westin Hotel & Spa, Pan Pacific Mountainside and several others. This covenant allows the owner personal use of 56 days maximum per year split between summer and winter season. Best suited for those that only visit once a year, property investors and long term capital gain.