Understanding Phase 1 vs. Phase 2 Properties in Whistler

When buying a property in Whistler, it’s important to understand the difference between Phase 1 and Phase 2 zoning. These covenants are registered on the property title and determine how often you can use the property, how it can be rented, and how it is managed.

Phase 1 – Maximum Flexibility

Phase 1 properties offer the greatest flexibility for owners.

Key features:

• Unlimited personal use you can live in the property full-time or use it as often as you like.

• You can rent it nightly (such as Airbnb), monthly, or long-term.

• Depending on the property covenant and strata bylaws, you may be required to make the property available for rental and/or use a specific rental management company.

• Typically found in townhomes and some condominium buildings throughout Whistler Village, the Benchlands, Creekside, and other neighbourhoods.

• Generally, yields a higher return on investment compared to a Phase I property which is reflective in the purchase price.

Best suited for: Buyers who want the flexibility of a personal vacation home, a full-time residence, or an investment property with rental income options.

Phase 2 – Hotel-Style Investment

Phase 2 properties operate more like hotel ownership and have more restrictions on personal use.

Key features:

• Personal use is generally limited to up to 28 days in the summer and 28 days in the winter (56 days total annually).

• Personal stays usually need to be booked in advance according to the property's rules.

• When you are not using the unit, it must be placed in the hotel’s rental program and managed by the approved management company.

• The hotel management handles bookings, guests, cleaning, and day-to-day operations.

• Rental income and expenses vary by property and may be either pooled among owners or based on the individual unit’s performance.

• Phase 2 properties are commonly found in hotel complexes such as the Four Seasons, Westin, Delta Hotels, and Pan Pacific.

Best suited for: Buyers seeking a low-maintenance investment in a prime location who do not require unlimited personal use.

Quick Comparison

 Brief Summary

Phase 1 is ideal if you want maximum flexibility and the ability to enjoy your Whistler property whenever you choose. Phase 2 is better suited for buyers looking for a more passive, hotel-managed investment with limited personal use.

As every property has its own specific covenant, strata rules, and rental agreements, it’s always important to review the individual details before purchasing.

Feel free to call me if you have any more questions. 604-906-1700

Ceri