Should You Invest in the S&P/TSX Composite Index or The Westin Resort & Spa

Whistler Village

Introduction

Let me introduce to you a rare investment opportunity that consists of a real estate portfolio made up of 14 luxury suites in the Westin Resort & Spa, Whistler. 

This portfolio combines 6 studio suites, 4 one-bedroom suites and 2 two-bedroom suites owned by a bare trust currently being sold together for $8,000,000 CAD.  This offering can be bought together through the purchase of the owner corporation’s shares and a simple change of Directors with Corporations Canada.  This portfolio of suites earned a cap rate of just under 5% in 2023.

Westin Resort & Spa vs Four Seasons Resort Whistler

In comparing investment options, I have already researched and…

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A Comparison - Westin Resort & Spa and The Four Seasons Resort & Residences, Whistler

I recently reviewed the cap rates or Return on Investment (ROI) purchase of comparable suites in the Four Seasons Resort Hotel and the Westin Resort & Spa. In calculating the cap rate/ROI for the Four Seasons Resort, the annual strata fees, property taxes and tourism whistler fees must still be deducted from the net proceeds. The Westin Resort & Spa's "net cash available for distribution" is a true net as all of these expenses have been deducted already. Below, I have prepared a side-by-side comparison of a 1 bedroom unit on the 7th floor of both the Westin and the Four Seasons for the 2023 calendar year.    The value of suite 769 Westin (1 bed, 1 bath - one of…

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