Whistler Investment Staff Housing Covers Expenses and Mortgage

3313 exterior house side view of whistler investment property

First of all, this post is not about ski-in ski-out real estate for sale. It is however, about a Whistler investment opportunity, which is not currently being marketed on a multiple listing channel.  We call that, an exclusive listing.

The sole purpose of this website is to post articles which are related to Whistler ski-in ski-out real estate. I rarely break this rule. Seems like once a year I take the liberty.

By the way, an exclusive listing means that the seller is not ready to market their property on a multiple listing system like Whistlerlistings.com. Since the property is in the final two weeks of a renovation, photographs would not do the house justice.  In this market, a buyer should view any renovated property at a premium. In this case it really will make this Whistler investment property very simple to run.

If you have not endured a renovation within the last few years it is a project you really do not want to undertake especially in this market.  There are not enough tradespeople to go around in Whistler.  In addition, there is not enough housing available in Whistler to bring in and house extra trades from Vancouver. It comes down to supply and demand. Meaning that there is a growing demand in Whistler for trades, but a limited supply of tradespeople. Furthermore, the cost of housing is too high to make sense for the contractors to bring in more trades to meet demand.  Consequently, it can take months to get a contractor or trade to commit to your renovation requirements. Surely, a renovated property is more appealing to a serious buyer than an un-renovated one.

Financial Summary for Whistler Investment

For any revenue producing property the spreadsheet has to speak for itself. That is why I have posted the detailed financial spreadsheet below. It should tell you instantly whether this opportunity to invest in Whistler is something you wish to pursue.  The following summary is in Canadian funds:

  • Forecasted gross revenue: $113,400
  • All annual Expenses: $20,105
  • Net Revenue: $93,295
  • Mortgage: For Canadians the property requires a minimum of 30% down, which is $680,000.  For Americans, the property requires a minimum downpayment of 39% down.
  • Annual mortgage with 30% down is $82,553
  • House offered at: $2,200,000
The house runs itself as it has a two tenants who have the role of supervisor…this works like a charm. They have set up a successful cleaning and snow clearing schedule.
Please note the owner is finishing off the renovation on the property.  If you are looking for a small place to call home while investing in Whistler, this could be worthwhile looking at.

 Investment Proposal for Whistler Staff Housing

I have a terrific information package which has all the information you will need to make your decision. Please call me (604) 938 3885 if you are  interested in the investment property which, by the way, is walk to Whistler Village. I look forward to hearing from you.

Marion Anderson
Sutton Group – West Coast Realty
203-1080 Millar Creek Road, Whistler, BC V0N 1B1
marion@whistlerskiinskiout.com
(604)938-3885

 

2 bed/2 bath $1,089,000. The Ridge

6-2269 Nordic Drive, The Ridge.

“Front row at the Ridge in Taluswood. When I say front row, interpret that as unobstructed views. When I say views, interpret that as a view up to Whistler Peak, and a spectacular view south over Alpha Lake and the lights Twin Lakes to the snow capped Peaks of the Tantalus Range.

There are only two townhouses in the Ridge which have a 2 bedroom, 2 bathroom layout. Each of these townhouses have unobstructed views. There is another unit above you and it is the living room, dining area and kitchen which are directly above.

This townhouse is 30 steps to the ski-in ski-out trail which leads on to the Dave Murray Downhill from there it is down to the Whistler Creekside Gondola. This location for access to ski-in ski-out is the best of all the other locations in Taluswood: Lookout, Heights, and Bluffs. The Ridge’s ski access trail is both a ski-in and a ski-out trail. Check on the page for 6-2269 Nordic Drive to view the ski access trail from this particular unit.” – Marion.

Continue reading “2 bed/2 bath $1,089,000. The Ridge”

Sold: 2 bed/2 bath $1,090,000. Arrowhead Point

The living area of 8-4890 Painted Cliff Road

Marion Anderson
Marion@WhistlerSkiinSkiout.com
(604) 938 3885

8-4890 Painted Cliff Road, Arrowhead Point

  • Sold for $1,090,000
  • 47 days on the market
  • 2 bed/2 bath
  • 1,001 sq. ft.
  • Listed for $1,155,000
  • Listed by Sutton West Coast Realty
  • More Information on 8-4890 Painted Cliff Road. Page will expire when the listing is closed.
  • Link to more information on Arrowhead Point

“If you are considering selling your Whistler ski-in ski-out property, and you are not working with a real estate agent, I would be happy to tell you more about my marketing plan to sell your property.” – Marion.

Marion Anderson
Sutton Group-West Coast Realty
203-1080 Millar Creek Road, Whistler, BC V0N 1B1
Marion@WhistlerSkiinSkiout.com
(604) 938 3885

2 bed/2 bath $1,089,000. The Ridge

6-2269 Nordic Drive, The Ridge.

“Front row at the Ridge in Taluswood. When I say front row, interpret that as unobstructed views. When I say views, interpret that as a view up to Whistler Peak, and a spectacular view south over Alpha Lake and the lights Twin Lakes to the snow capped Peaks of the Tantalus Range.

This townhouse is 30 steps to the ski-in ski-out trail which leads on to the Dave Murray Downhill from there it is down to the Whistler Creekside Gondola. This location for access to ski-in ski-out is the best of all the other locations in Taluswood: Lookout, Heights, and Bluffs. The Ridge’s ski access trail is both a ski-in and a ski-out trail. Check on the page for 6-2269 Nordic Drive to view the ski access trail from this particular unit.” – Marion.

Listing Details:

  • 2 bed/2 bath
  • 1,044 sq. ft.
  • south-facing so lots of sunlight
  • spectacular, unobstructed views
  • spacious deck
  • private hot tub
  • 1 car garage and parking pad. There is also visitor parking.
  • built 1998
  • gas fireplace
  • RTA9 zoning which allows for nightly rental.
  • GST exempt
  • property tax $3,845
  • strata fees $280/month
  • only 30 steps on flat ground to the ski-in ski-out access to the Dave Murray Downhill on Whistler Mountain.

If you are serious about owning in the Ridge

Link through to the page and more photographs on 6-2269 Nordic Drive.  If you are interested in this property, and you are not working with a real estate agent, please contact me.

Marion Anderson
(604) 938 3885
marion@whistlerskiinskiout.com

Sutton Group-West Coast Realty
203-1080 Millar Creek Road, Whistler BC V0N 1B1

 

Sold: 3.5 bed/3 bath $1,810,500. Heights

Marion Anderson
Marion@WhistlerSkiinSkiout.com
(604)938 3885

26-2324 Taluswood Place, Heights

  • Sold for $1,810,500
  • 105 days on the market
  • 3.5 bed/3 bath
  • 1,657 sq. ft.
  • Listed for $1,898,000
  • Listed by Whistler Real Estate Company – Dave Brown PREC
  • More information on 26-2324 Taluswood Place
  • Link to more information on the Heights

“If you are considering selling your Whistler ski-in ski-out property, and you are not working with a real estate agent, I would be happy to tell you more about my marketing plan to sell your property.” – Marion.

Marion Anderson
Sutton Group-West Coast Realty
203-1080 Millar Creek Road, Whistler, BC V0N 1B1
Marion@WhistlerSkiinSkiout.com
(604) 938 3885