Last updated on September 4th, 2023
airbnb property for sale Whistler
Whistler means winter! Most commonly known as a year-round favorite destination during the winter in Canada, Whistler City attracts numerous travelers across the globe to have an ultimate lifetime winter experience.
However, before deciding to purchase a property in Whistler, it’s certainly important to consider the major costs and revenue. While rental arbitrage in Whistler is fairly popular and does not require you to purchase a property, it’s still recommended to learn about buying a property for Airbnb in the future and making sure that it’s profitable.
At the same time, it’s also essential to consider the Airbnb rules in Whistler in order to operate an STR business without worrying about breaching the laws.
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“In Whistler, there is plenty of demand for affordable housing.
Historically there has been a lack of rental housing for the locals and this has resulted in rising rental rates as locals are willing to pay more and more for suitable long-term housing.”– Lifty Life on Buying a Property in Whistler
Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment.
This includes the best website recommendations for property investment in Whistler, property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!
Is Property Investment Profitable in Whistler City Center?
Using a short-term rental profit estimator, it was discovered that a 2-bedroom property in Whistler City Center can generate an annual revenue of C$106,535 with a steady occupancy rate of 78% and a nightly rate of C$364.
airbnb property for sale Whistler
Houses & Properties for Sale in Whistler
Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage.
At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Here are some of the profitable properties in Whistler City Center along with the calculated gross rental yield, cash-on-cash return, and annual revenue:
8 5294 SELMA PARK ROAD Sechelt, British Columbia V7C0C2
1. Studio-type Property for Sale in Whistler
- Near Selma Park
- Asking Price: C$69,000
| GROSS RENTAL YIELD | 26.41% |
| ANNUAL REVENUE | C$18,220 |
| CASH ON CASH RETURN | 53.45% |
205 791 Marine Dr, Port Alice, British Columbia V0N2N0
2. 1-Bedroom Property for Sale in Whistler
- Located at Misty Manor in the quaint Village of Port Alice
- Asking Price: C$82,500
| GROSS RENTAL YIELD | 26.91% |
| ANNUAL REVENUE | C$22,199 |
| CASH ON CASH RETURN | 54.96% |
502/501 A 366 Clubhouse Dr Courtenay, British Columbia V9N9G3
3. 2-Bedroom Property for Sale in Whistler
- 5 min drive from the Comox airport
- Asking Price: C$119,900
| GROSS RENTAL YIELD | 24.50% |
| ANNUAL REVENUE | C$29,371 |
| CASH ON CASH RETURN | 47.72% |
1 1180 Edgett Rd Courtenay, British Columbia V9N6C7
4. 3-Bedroom Property for Sale in Whistler
- Located on one of BC’s finest golf courses, close to the ski hill, world-class mountain biking and a 5 min drive from the Comox airport
- Asking Price: C$169,000
| GROSS RENTAL YIELD | 23.54% |
| ANNUAL REVENUE | C$39,787 |
| CASH ON CASH RETURN | 44.86% |
25 7100 Highview Rd, Port Hardy, British Columbia V0N2P0
5. 4-Bedroom Property for Sale in Whistler
- Located at Highview Estates Trailer Park in Port Hardy
- Asking Price: C$180,000
| GROSS RENTAL YIELD | 23.74% |
| ANNUAL REVENUE | C$42,731 |
| CASH ON CASH RETURN | 45.45% |
LOOKING FOR MORE PROFITABLE CITIES TO INVEST IN CANADA?
Make sure to analyze the Airbnb rental data in the most recommended cities for Airbnb investments in Canada!
Conclusion
Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article for Whistler such as Airbnb occupancy rates, annual revenue, and average daily rate should be the primary basis before investing in a property.
Hence, if the data presented above has given you ideas to boost your strategic pricing plan for your business, then an Airbnb rental arbitrage calculator is certainly what you need for success in the long run. It’s a fact that some of the STR investors are also considering Airbnb Rental Arbitrage, but they still need to have a reliable data tool on which to base their conclusions!
As we live in a digital era, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city.
Airbnb investment guide running springs
