MATT WARNER

Cell 604-928-9107

Office 604-984-9711

Email: matt@mattwarner.ca

Tourism Whistler is a legislated  membership organization which markets Whistler on behalf of its Members. All owners of what is designated "Resort Lands" in Whistler must be a Member of Tourism Whistler and contribute assessment fees to support ongoing marketing for the resort.   The success of  Whistler is based on both its national and international appeal. Its recognition as a world-class resort is the result of the extensive marketing by Tourism Whistler and its Members. Investors  who purchase property on Whistler  Resort Lands pay assessment fees  to Tourism Whistler in order to market  the resort to the world.  The amount of fees is dependant upon the number of sleeping areas the property has and if the property is being used for commercial nightly rental acivity.  A one bedroom with a sofa bed would constitute as a 4 sleeping units.  If used for nightly rental the owner would pay an annual fee of $1059.88.  A 2 bedroom property with sofa bed (6 units) would pay an annual fee of $1,589.82.  A  3 bedroom property with a sofa bed  would pay $2,119.76.  If an owner is not using the property for commercial rental activity would pay about 1/4 of the commercial  fees.

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A question that is asked alot is the difference between Phase 1 and Phase 2 properties in Whistler.  Phase 2 Whistler properties are typically hotel/condominium style and are very prevalent in Whistler Village and Village North.  Some examples of Phase 2 Whistler properties are Pan Pacific Mountainside, Westin Resort, Delta Whistler Village Suites, Cascade Lodge, Coast Hotel on Blackcomb to mention a few.  These properties allow for an owner to use their suites a total of 56 days per year.  This is futher divided into 28 days allowed usage in the winter and 28 days of usage in the summer.  The suites are part of a rental pool and the unit revenue share is based on the properties interest upon destruction value (IUD).  For example a one bedroom property on the 5th floor facing the mountain would receive and higher IUD value than a one bedroom on the 2nd floor facing the concierge.  Thus they would receive a larger amount of the shared revenue.  Phase 1 properties are properties that allow for unlimited owner usage, however the owner is supposed to make the property available for rental usage when they are not using the property themselves. 

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I have listed a new property at 3 8082 TIMBER LANE in Whistler.
Great value priced starter home in Alpine Meadows. 3 bedroom townhome on a very quit street. 2 minutes walk to Meadow Park & Meadow Park recreation centre. Main level is comprised of living room, kitchen, dinning room. owder room & storage.Second level there are two bedrooms & 2 bathrooms. Upper level has a lofted bedroom. This property is 1,244 sq.ft and is ready for your finishing touches. Priced to sell .
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WHISTLER 2012 FIRST QUARTER SALES

 

                                                                                         2011           2012        % DIFFERENCE

 

CHALETS                                                                           21                25                   +16%

CONDOMINIUMS                                                              48                44                      -9%

TOWNHOMES                                                                   36                49                    +26%

LOTS                                                                                     3                  3                         0%

 


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