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.