Ongoing Expenses

These are monthly or yearly fees and expenses that you may have to consider when purchasing a property.

Strata Fees

Each strata lot owner pays a monthly fee to the management company. This covers expenses such as exterior building maintenance, snow and garbage removal, landscaping, common area insurance, management fees, and reserve fund contributions.

Tourism Whistler Fees

A yearly fee collected by Tourism Whistler in order to market and sell Whistler to the world through brand advertising, group sales, promotional campaigns, events and media relations. TW fees are applicable on properties within designated resort lands.

Property Taxes

Paid to the Resort Municipality of Whistler and based on the assessed value of your property multiplied by the mill rate which will be determined by the Municipality.

Insurance

Strata Corporations pay for building and common facility insurance. Individual owners should purchase insurance for improvements, liability and contents.

Rental Management Fees

Rental management companies charge a fee of approximately 35-45% of your suite's gross revenue. The benefit is that they handle everything from check in & cleaning to submitting taxes on your behalf. It is basically 'hands off' for you. You can also handle rentals yourself if you choose.

Other

Buyers will be responsible for the transition of accounts at BC Hydro, Terasen Gas, cable TV, phone and internet. You will then receive monthly bills for the subscribed accounts.

Amber Mann

Amber Mann

Direct:
604.905.2802
Email:
amber@wrec.com