Leasehold Properties in Whistler

What is a leasehold property?

A leasehold property is a property that has a landlord and a tenant, whereby the tenant occupies the land/property for the duration of an agreed upon term. Sometimes these leases are prepaid, or have ongoing lease payments. At the end of the term, the lease is either renewed based upon an initial lease agreement stipulating a ‘right of renewal’ for an agreed upon term(s), or the lease expires without a renewal option in which case 1 of 2 things can happen in the case of a stratified property:

1- the landlord and tenant agree to a new lease agreement under the same terms and conditions as before, however the rent (for the lease) can be charged at current market rates and the term length can also be changed.

2- the landlord must buy out the tenants if no new lease can be agreed upon, again at current market rates; if the basis for calculating the purchase price was not set out in the original strata lot lease.

Example

In the Suncrest development in Whistler which consists of 2 and 3 bedroom townhomes, many buyers and sellers and even agents, are unaware that the lease for this development has no automatic right of renewal after is 99 year lease (commencing 1992). So by 2091, the landlord and tenants must either agree on a new lease , or the owners get bought out. No one can know which route will occur that far ahead but it is something prospective buyers and sellers should be aware of.

The complex was developed with lands leased by the Resort Municipality Of Whistler (RMOW); the landlord, however the buildings themselves are owned by the owners. Essentially, the leasehold strata plan allows the owner to occupy the strata lot for the duration of the agreed upon term as set out in the ‘Head Lease’.

Note: because of this, you can often find that prices are much lower than a similar ‘freehold’ property. If you don’t plan on living there forever it can be a cost effective method of owning in Whistler in comparison to freehold purchases of a similar size and style.

So what properties in Whistler are Leasehold?

Eva Lake Village

1,2,3 bedroom condos/townhomes located in the Nordic Whistler subdivision. This complex also has an employee restricted covenant on the title to the properties, meaning anyone can own them but an employee or retiree of a Whistler based business must occupy it. There is also 1 building in the complex that is freehold, not leasehold; confusing right?! The leasehold buildings have a 99 year lease with a plan for the municipality to purchase the units at fair market value, or as decided by arbitration. However when the time comes I am sure the municipality will try and renegotiate a lease.

Highpointe

2 studio units in the Highpointe complex in Nordic Whistler, which is otherwise a freehold complex. These 2 studios are also employee restricted, and have a lease up until 2188 (a 200 year lease from its start in 1988). This complex is a short walk to Creekside, with shops and the ski hill nearby, and offers a potentially good entry level price point into the Whistler real estate market for a single or couple looking to move away from renting.

Suncrest

2 and 3 bedroom townhomes located in the Brio Whistler subdivision which is within walking distance to Whistler village. Again, this complex also has an employee restricted covenant. It too too has a 99 year lease with no right of renewal.

Vale Inn

Studios, 1 bedroom and 2 bedroom units. Built in the 1970’s this complex is located in the southern end of the Nordic Whistler subdivision, close to the creekside gondola. This complex is a little different from the first 2 in that banks do not lend on it (meaning no conventional mortgages), but also that anyone can own or occupy it (no employee restrictions) and it can also be rented out on a short-term (nightly) basis which is great for revenue production. All your expenses (maintenance fees, taxes etc) are covered in your monthly strata fee, and it has a 200 year lease but all owners make up the value inn association and therefore have a voice in decision making about the leases when they expire.

Leasehold properties in Whistler don’t have to be daunting, you just need to understand them!

23 4700  Glacier Drive, Benchlands

23 4700 Glacier Drive 23, Whistler

6.55.524602
Experience mountain living at its finest. This exceptional residence offers an enviable ski-in/ski-out location directly onto the slopes, allowing you to enjoy the ultimate ski exp …more
EVWhistler
$5,999,000
3 2250  Nordic Drive, Nordic

3 2250 Nordic Drive 3, Whistler

43.522952
This immaculate and spacious 4 bedroom/3.5 bath, slope-side lodge style townhome is situated in a quiet turning circle within the very popular and highly sought after ski-in/ski-ou …more
Engel and Volkers Whistler
$3,399,000
32 4644  Blackcomb Way, Benchlands

32 4644 Blackcomb Way 32, Whistler

3215332
Spectacular 3-bedroom, 2-bath townhome in Blackcomb Greens, alongside the 1st hole of Chateau Whistler Golf Course. Fully renovated by an award-winning designer, it offers an unbea …more
Macdonald Realty Group Inc.
$3,299,000
29 4628  Blackcomb Way, Benchlands

29 4628 Blackcomb Way 29, Whistler

3215042
Welcome to Alpine Greens in Whistler Benchlands! This prestigious townhouse, located on the first fairway of the Fairmont Chateau Whistler Golf Club, is just a short stroll from th …more
Stilhavn Real Estate Services – Whistler
$3,100,000
14 2250  Nordic Drive, Nordic

14 2250 Nordic Drive 14, Whistler

3316652
Discover this majestic 3-bedroom, 3-bath townhome in the exclusive Taluswood neighborhood, offering true ski-in/ski-out access to Creekside Village. Featuring an open layout, stunn …more
Macdonald Realty Group Inc.
$2,750,000
11 4661  Blackcomb Way, Benchlands

11 4661 Blackcomb Way 11, Whistler

3212632
Treeline is a fantastic complex within the Benchlands that is superbly located with remarkable outdoor offerings located just outside your front door. Cross country ski around Lost …more
Engel and Volkers Whistler
$2,499,000
2 2104  Nordic Drive, Nordic

2 2104 Nordic Drive 2, Whistler

43.517882
Welcome to Castle Ridge in Nordic, Whistler. This beautifully renovated townhouse features 4 generous bedrooms and 3.5 bathrooms with ample space for friends and family. Enjoy the …more
Stilhavn Real Estate Services – Whistler
$2,395,000
19 2200  Taylor Way, Whistler Creek

19 2200 Taylor Way 19, Whistler

3317802
Discover the perfect blend of comfort, style, and convenience in this updated 3-bedroom plus loft home. Meticulously cared for by the original owners, it features a renovated kitch …more
Macdonald Realty Group Inc.
$2,249,000
219/220 4905  Spearhead Place, Benchlands

219/220 4905 Spearhead Place 219/220, Whistler

229412
Located within a quiet cul-de-sac on the Benchlands; a fantastic ski-in/ski-out location you will find the lovely Greystone Lodge. #219/220 Greystone is a gorgeous renovated unit t …more
Engel and Volkers Whistler
$2,050,000
6 2221  Gondola Way, Whistler Creek

6 2221 Gondola Way 6, Whistler

2.5213122
Sundance is a fabulous complex that is conveniently located just a short stroll down Gondola Way and right into the Whistler Mountain gondola line – a wonderful perk for the wint …more
Engel and Volkers Whistler
$1,999,900
31 4636  Blackcomb Way, Benchlands

31 4636 Blackcomb Way 31, Whistler

2211732
Beside the Chateau Whistler Golf Course, in the popular location of Blackcomb Benchlands, the Gleneagles complex is a well-managed Strata of only 33 townhomes. This home comprises …more
Engel and Volkers Whistler
$1,940,000
2 4510  Blackcomb Way, Benchlands

2 4510 Blackcomb Way 2, Whistler

229302
If you are looking for a prime location, The Gables is located across Blackcomb Way at both the base of Whistler Mountain and the base of Blackcomb Mountain. Great opportunity to …more
RE/MAX Sea to Sky Real Estate
$1,885,000
11 2556  Snowridge Crescent, Nordic

11 2556 Snowridge Crescent 11, Whistler

3211932
Experience the perfect blend of privacy and convenience in this ski-in/ski-out townhome, ideally located in sought-after Snowridge. Whether hitting the slopes or enjoying a leisure …more
Engel and Volkers Whistler
$1,849,000
13 2221  Gondola Way, Whistler Creek

13 2221 Gondola Way 13, Whistler

3213122
A rare gem! This home offers 396 sq. ft. of undeveloped space for additional living areas. Enjoy the sundeck with views of Alpha Lake and Sprout Mountain. Sundance is a fantastic c …more
Macdonald Realty Group Inc.
$1,800,000
61 6127  Eagleridge Crescent, Whistler Cay Heights

61 6127 Eagleridge Crescent 61, Whistler

3212372
Imagine stepping out your door and strolling to Whistler Village’s vibrant shops and restaurants. This 3 bedroom, 2 bath end unit townhome offers the ultimate convenience being onl …more
RE/MAX Sea to Sky Real Estate
$1,797,000
25 2301  Taluswood Place, Nordic

25 2301 Taluswood Place 25, Whistler

2210102
#25 Bluffs is the perfect full time residence for a Whistler local or a cozy year round Whistler getaway to spend your weekends & holidays. This bright 2 bedroom & 2 bathroom, 1,01 …more
Engel and Volkers Whistler
$1,785,000
414 4660  Blackcomb Way, Benchlands

414 4660 Blackcomb Way 414, Whistler

228012
Your dream retreat awaits in this top-floor 2-bedroom corner suite at Lost Lake Lodge. Bathed in natural light with vaulted ceilings, this beautifully appointed residence features …more
RE/MAX Sea to Sky Real Estate
$1,748,000
6 4737  Spearhead Drive, Benchlands

6 4737 Spearhead Drive 6, Whistler

2210472
Renovated in 2019 and in immaculate condition. This ground level 1,000+ sq ft Forest Trails townhome has been used exclusively by the owner, so there is no wear and tear from renta …more
Engel and Volkers Whistler
$1,499,999
203 3300  Ptarmigan Place, Blueberry

203 3300 Ptarmigan Place 203, Whistler

2211202
Welcome to 203 Deer Run, a spacious 2 bed 2 bath unit that is spread out all on one floor. Over 1100 sq ft of living space and over height ceilings throughout make this property fe …more
Stilhavn Real Estate Services – Whistler
$1,499,000
4 4510  Blackcomb Way, Village

4 4510 Blackcomb Way 4, Whistler

117742
This 1 bedroom / 1 bathroom condo in the Gables, provides a premium location for winter ski rentals, or summer activities. With just over 700 sq ft of finished space, this unit is …more
Sutton West Coast Realty Ltd. Whistler
$1,499,000
253 4573  Chateau Boulevard Boulevard, Benchlands

253 4573 Chateau Boulevard Boulevard 253, Whistler

118722
Spacious 1 bedroom and den in the Glacier Lodge which is situated right at the base of Blackcomb Mountain, just steps from the Wizard Ski Lift and across from the Fairmont Chateau …more
Macdonald Realty Group Inc.
$1,350,000
112 4388  Northlands Boulevard, Village

112 4388 Northlands Boulevard 112, Whistler

117052
Unique Opportunity at Glacier’s Reach! This 1-bedroom, 1-bathroom townhome offers an expansive 705 sq. ft. of comfort and one of the few in the complex with a private hot tub on a …more
RE/MAX Sea to Sky Real Estate
$1,325,000
336 4800  Spearhead Drive, Benchlands

336 4800 Spearhead Drive 336, Whistler

115752
Experience the ultimate slope-side living. This beautifully updated and fully furnished unit is ready for your personal enjoyment and is a fantastic nightly rental opportunity. Thi …more
Stilhavn Real Estate Services – Whistler
$1,299,000
102 4388  Northlands Boulevard, Village

102 4388 Northlands Boulevard 102, Whistler

116182
Your Whistler escape awaits in this spacious, turn-key 1-bedroom, 1-bathroom townhome in Glacier’s Reach with a PRIVATE HOT TUB! Recently updated in 2024 with fresh paint, sleek …more
RE/MAX Sea to Sky Real Estate
$1,249,000
110 4355  Northlands Boulevard, Village

110 4355 Northlands Boulevard 110, Whistler

116542
Escape to the ultimate in resort living in this stunning 1 bedroom, 1 bathroom ground-floor townhome in the prestigious Northstar complex. This spacious 1 bedroom features a moder …more
RE/MAX Sea to Sky Real Estate
$1,179,000
605/606 4090  Whistler Way, Village

605/606 4090 Whistler Way 605/606, Whistler

228412
Suite 605/606 at the Westin Resort & Spa in Whistler is uniquely situated at the end of the 6th floor in the East Tower with slopeside & Gondola views off the oversized balcony; Wh …more
RE/MAX Sea to Sky Real Estate
$1,150,000
212 2050  Lake Placid Road, Whistler Creek

212 2050 Lake Placid Road 212, Whistler

115502
SKI-IN/SKI-OUT! Experience the ultimate Whistler getaway with this beautifully updated one-bedroom apartment in the highly sought-after Lake Placid Lodge. Steps away from the Creek …more
Sothebys International Realty Canada
$1,149,000
223 4338  Main Street, Village

223 4338 Main Street 223, Whistler

116332
Don’t miss this fantastic chance to own a spacious one-bedroom, one-bathroom condo in the highly sought-after Tyndall Stone Lodge, ideally located in the heart of Whistler Villag …more
Stilhavn Real Estate Services – Whistler
$1,149,000
207 2050  2050 Road, Whistler Creek

207 2050 2050 Road 207, Whistler

115502
SKI IN SKI OUT UNIT!! Gorgeous, updated 1 bedroom with large view balcony. The Phase 1 zoning allows for nightly rentals and/or unlimited owner usage 365 days of the year. Designe …more
Engel and Volkers Whistler
$1,075,000
4 2101  Whistler Road, Whistler Creek

4 2101 Whistler Road 4, Whistler

115972
SL 4 High Pointe is a spacious one bedroom on 2 levels within walking distance to Whistler’s Creekside, ski lifts and all the amenities Creekside has to offer. This townhome is p …more
RE/MAX Sea to Sky Real Estate
$995,000
305 4368  Main Street, Village

305 4368 Main Street 305, Whistler

116292
This bright and spacious one-bedroom top floor apartment boasts vaulted ceilings and a gas fireplace/AC with views of Whistler/Blackcomb mountains. Located in the heart of Whistler …more
Sothebys International Realty Canada
$938,000
3 2101  Whistler Road, Nordic

3 2101 Whistler Road 3, Whistler

1.515972
Highpointe is a low density, Tourism Accommodation zoned development located within a short walking distance to the Creekside Gondola at the base of Whistler Mountain. Whether you …more
Engel and Volkers Whistler
$925,000
529/531 4050  Whistler Way, Village

529/531 4050 Whistler Way 529/531, Whistler

1211462
1 bed, 2 bath, 1146 sqft – INVESTMENT PROPERTY! The Hilton Whistler Resort & Spa offers the perfect mix of personal usage and revenue. This “1 bed lock off suite” which is 2 sepa …more
Stilhavn Real Estate Services – Whistler
$899,000
203 2129  Lake Placid Road, Whistler Creek

203 2129 Lake Placid Road 203, Whistler

1.527942
TERRIFIC VALUE! Nightly rental condo in Creekside Village. Whistler charm at it’s best. Walk to ski lifts, trails, lakes, dining and shopping. The property is spacious, clean, and …more
Macdonald Realty Group Inc.
$879,000
308 4405  Blackcomb Way, Village

308 4405 Blackcomb Way 308, Whistler

0.515002
Enjoy the tranquil, private forest outlook from this ideally situated spacious studio townhome with its own front door! Featuring high ceilings, inviting gas fireplace, murphy bed, …more
Sutton West Coast Realty Ltd. Whistler
$855,000
315 4320  Sundial Crescent, Village

315 4320 Sundial Crescent 315, Whistler

115362
An exquisite ONE of ONE in the best location in the heart of Whistler Village and at the base of the Mountains! #315 Pan Pacific Mountainside has just undergone a COMPLETE renovati …more
Engel and Volkers Whistler
$799,000
422 4315  Northlands Boulevard, Village

422 4315 Northlands Boulevard 422, Whistler

115672
Located in the heart of Whistler Village, The Cascade Lodge presents a great investment opportunity. Situated on the 4th floor, this one bedroom offers stunning mountain views over …more
RE/MAX Sea to Sky Real Estate
$779,000
3 2138  Sarajevo Drive, Whistler Creek

3 2138 Sarajevo Drive 3, Whistler

114002
Spotless and well maintained Gondola Village unit just a few steps up to your new front door! This unit has everything one could want in a Whistler home away from home Fantastic vi …more
Stilhavn Real Estate Services – Whistler
$775,000
958 4090  Whistler Way, Village

958 4090 Whistler Way 958, Whistler

115052
This top-floor suite with incredible mountain views is an amazing retreat within the Westin Resort & Spa, just steps from the Whistler Village Gondola. You will love this elegantly …more
Stilhavn Real Estate Services – Whistler
$739,000
A201 1400  Alta Lake Road, Bayshores

A201 1400 Alta Lake Road A201, Whistler

116502
Lakeside living! Spacious 1 bed/1 bath condo in Tamarisk, a quiet residential complex on the shores of Alpha Lake with a dock and canoe/kayak storage. Easy access to Creekside Vil …more
Engel and Volkers Whistler
$719,000
978 4090  Whistler Way, Village

978 4090 Whistler Way 978, Whistler

115112
#978 Westin Resort & Spa, a 1 bedroom, 1 bathroom, 511 sf suite with classic views of Whistler Village. Enjoy the peace and quiet of the Westin location, as well as the ambient vi …more
RE/MAX Sea to Sky Real Estate
$710,000
418 4090  Whistler Way, Village

418 4090 Whistler Way 418, Whistler

115832
Welcome to unit 418 in The Westin Whistler! Located just steps from both Whistler and Blackcomb gondolas, and in the heart of the Village. This is a spacious 1 bedroom unit outfitt …more
Stilhavn Real Estate Services – Whistler
$689,000
769 4090  Whistler Way, Village

769 4090 Whistler Way 769, Whistler

115062
Create lasting family memories with Suite 769, a 506 sf 1 bed, 1 bath retreat at The Westin Resort & Spa, Whistler. Surrounded by serene forest views – enjoyed from the balcony and …more
RE/MAX Sea to Sky Real Estate
$680,000
479 4090  Whistler Way, Village

479 4090 Whistler Way 479, Whistler

115072
#479 Westin Resort & Spa, a 1 bed, 1 bath 507 sf luxurious suite with this award-winning Marriott Bonvoy hotel. #1 in a recent Ski Magazine article for lifestyle choice, be an own …more
RE/MAX Sea to Sky Real Estate
$652,500
265 4314  Main Street, Village

265 4314 Main Street 265, Whistler

0.514862
Beautiful large studio unit showcases an optimal layout to sleep 4 with screen doors separating the bedroom and living quarters. Situated in Deer Lodge, Town Plaza at the ideal, qu …more
RE/MAX Sea to Sky Real Estate
$639,000
408 4090  Whistler Way, Village

408 4090 Whistler Way 408, Whistler

0.513922
Experience a refined mountain lifestyle investment with Suite 408, a 413 sf studio in The Westin Resort & Spa. Perfect for couples or a small family, this serene retreat offers exq …more
RE/MAX Sea to Sky Real Estate
$420,000
416 4090  Whistler Way, Village

416 4090 Whistler Way 416, Whistler

0.513912
This charming studio suite in the Westin Resort & Spa offers a cozy retreat in the heart of Whistler, just steps from the Village Gondola. The thoughtfully designed space includes …more
Stilhavn Real Estate Services – Whistler
$419,000
483 4090  Whistler Way, Village

483 4090 Whistler Way 483, Whistler

0.513702
A rare layout in the Westin Resort & Spa now available! Suite 483 is a 370 sf studio suite with TWO (yes two) Queen Beds & sitting area, gas fireplace, full-equipped kitchen & spa- …more
RE/MAX Sea to Sky Real Estate
$409,000
205 4319  Main Street, Village

205 4319 Main Street 205, Whistler

0.513532
Attention investors! Seeking a low-maintenance investment with strong returns? This studio in the heart of Whistler offers an unbeatable location, just steps from ski lifts and vil …more
Engel and Volkers Whistler
$339,000
2303 4308  Main Street, Village

2303 4308 Main Street 2303, Whistler

0.512562
Discover the perfect blend of comfort and investment with this studio suite in Whistler’s top-performing Delta Whistler Village Suites. Located in the heart of Whistler Village, en …more
Engel and Volkers Whistler
$279,000
66 4355  Northlands Boulevard, Village

66 4355 Northlands Boulevard 66, Whistler

229602
CHRISTMAS wk 51 is a special time of the year for a ski vacation. The village is adored with lights and the spirit of Christmas is all around. This 2 bedroom 2 bath townhome is jus …more
RE/MAX Sea to Sky Real Estate
$31,000
304 4338  Main Street, Village

304 4338 Main Street 304, Whistler

229292
Why pay rent year after year when you can purchase a deeded ownership in a beautifully maintained, fully equipped 2 bedroomloft that sleeps 8, 2 bath condo on Main St in Whistler. …more
RE/MAX Sea to Sky Real Estate
$25,900