To winter sports enthusiasts, Whistler needs no introduction. But the mountain region is more than just home to some of the finest powder in the world. It is also home to a bustling year-round tourism industry that draws around 2.5 million visitors a year.
As a year-round, 365 days a year, full-service tourist resort, Whistler relies on a base of about 10,000 permanent residents and 2,200 seasonal workers to keep it running and maintain its reputation for hospitality. As the resort has grown, so to has the labour force and their need for long-term housing.
In a market where there is no shortage of demand for housing, investors can often find great opportunities for a long-term, cash-flowing investments. These investments can come in the form of nightly-rental condo hotels with restricted usage (Phase II), condos and townhomes that allow for unlimited owner use and rental options (Phase I), and finally residential properties that can be rented long-term.
If you have been looking for an investment opportunity in Whistler, contact me today to discuss what options and properties would best fit your goals.