Investors

If you’re thinking of purchasing a rental property in Whistler, be sure to use this investment calculator to determine your return on investment.

For rental properties in Whistler the first thing you need to know about is that you will likely make enough to cover your expenses (property taxes, strata fees and Tourism Whistler fees) but not enough for debt servicing (mortgage). An average return on investment is 1-2% after you pay your expenses and rental management fees. So that means that if you purchase a place for $500,000 that you’ll likely earn between $5,000-$10,000 per year return on your investment. This, of course, varies according to when/how much you use the property, how much snow Whistler Blackcomb gets during the peak winter season and if you do rentals yourself or use a management company.

Investing in Whistler has to be a lifestyle choice; you have to want to use the property yourself for it to be worthwhile. The postive attributes to owning in Whistler are personal usage, revenues and capital appreciation.

Amber Mann

Amber Mann

Direct:
604.905.2802
Email:
amber@wrec.com