Whistler Real Estate Blog - April, 2023

Video: Does the Underused Housing Tax Apply

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Just Listed: 211G3 Horstman House 1/4 share

Just Listed Horstman House 2 bedroom 1/4 Share Condo

Find out more about Horstman House quarter share condos for sale, and this luxurious listing, on my website at https://www.whistler-realestate.ca/horstman-house-condos-for-sale

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Does the new Underused Housing Tax apply to you for 2022!

Does the Underused Housing Tax apply to you for 2022?

Below is a copy of an email sent by BDO Whistler (my favourite local accountants for everything related to taxes etc)  with regard to the new Underused Housing Tax policy.  You can read their email in detail (Thanks Joanna!) to determine if you need to file.  Be aware that the deadline for filing this form is May 1, 2023

The link to the form is HERE

Subject: IMPORTANT – The new Underused Housing Tax may apply to you for 2022!
Date: 8 March 2023 at 4:17:41 AM GMT+9

Dear BDO Client,   A new federal Underused Housing Tax (UHT) has been introduced that may require a UHT Return filing  no later than May 1, 2023, for the 2022 calendar year. The 1% UHT is intended to apply to non-residents on…

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Can foreigners buy property in Whistler?

Can Foreigners (non-residents of Canada) Buy Property in Whistler?

YES!

There is no restriction on who can buy a property in Whistler.   The 2 year restriction for foreign buyers are related to towns with larger populations and Whistler is still a small town!  Did you know that our population is just under 14,000 full time residents and approximately 10,000 more of second home owners?  We can host up to 60,000 people at prime tourism seasons (including our regular population).

Based on the 2021 census information, Whistler is not located within a "Census Metropolitan Area" nor a "Census Agglomeration" - both of which are populations of more than 100,000.

If you would like to read the actual legislation, here's the link.  Click HERE

Denise

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Is buying a property in Whistler a good investment?

Is Buying A Property in Whistler a Good Investment?

Buying a property in Whistler can be a good investment for several reasons.

Whistler is a world-renowned destination for winter sports such as skiing and snowboarding, and also offers a range of summer activities like golfing, hiking, and mountain biking. This makes it a highly attractive location for people looking to own a vacation property or a rental property to capitalize on the strong demand for short-term rentals.

Whistler has a limited supply of housing due to strict zoning regulations and environmental protections, which can create a strong market for real estate. The demand for properties in Whistler has historically outpaced the supply, which has led to an increase…

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What is the average price of Whistler quarter share condos and townhomes?

Whistler Quarter Share Condos and Townhomes Market Update

3 Year Market Comparison

• Average List Price and Average Sale Price
• Average days on the market i.e., average days to sell a home in Whistler
• The number of Whistler quarter share condos and townhomes sold each year
• 2021, 2022 and year to date 2023

To find out more contact me for detailed information https://www.whistler-realestate.ca/contact

 Denise

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What is the average sale price of a Whistler phase 2 hotel suite?

Whistler Phase 2 Hotel Suites Market Update

3 Year Market Comparison

• Average List Price and Average Sale Price
• Average days on the market i.e., average days to sell a home in Whistler
• The number of phase 2 hotel suites sold each year
• 2021, 2022 and year to date 2023

To find out more contact me for detailed information https://www.whistler-realestate.ca/contact

 Denise

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What is the average price of a nightly rental property in Whistler?

Whistler Nightly Rental Condo & Townhome Market Update

3 Year Market Comparison

• Average List Price and Average Sale Price
• Average days on the market i.e., average days to sell a home in Whistler
• The number of nightly rental condos and townhomes sold each year
• 2021, 2022 and year to date 2023

To find out more contact me for detailed information https://www.whistler-realestate.ca/contact

 Denise

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What is the Average Price of vacant land in Whistler?

Whistler Vacant Land Market Update

3 Year Market Comparison of vacant land in Whistler.

• Average List Price and Average Sale Price
• Average days on the market i.e., average days to sell a home in Whistler
• The number of pieces of land sold each year
• 2021, 2022 and year to date 2023

To find out more contact me for detailed information https://www.whistler-realestate.ca/contact

 Denise

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What is the average price of a Whistler condo?

Whistler Condos & Townhomes Market Update

3 Year Market Comparison of residentially zoned condos and townhomes in Whistler.

• Average List Price and Average Sale Price
• Average days on the market i.e., average days to sell a home in Whistler
• The number of condos and townhomes sold each year
• 2021, 2022 and year to date 2023

To find out more contact me for detailed information https://www.whistler-realestate.ca/contact

 Denise

209 Views, 0 Comments