Greetings from Whistler,
Hello 2023! We hope you were able to enjoy the holidays surrounded by family and friends. We had family in town from Namibia and California this year! The Village shops, restaurants and the mountains were busy and plenty of fun was had by all.
2023 brings some new rules including the Home Buyer Rescission Period, this allows Buyers the right to rescind their offer to purchase a property within 3 business days, after an offer has been accepted by the seller. *Buyers who exercise their right to rescind will have to pay a fee of 0.25% of the purchase price to the seller. The Foreign Buyer Ban is also now in effect however, Whistler and Pemberton have been exempt from this rule and will remain open for investment. There is also the new Anti Flipping Tax which under the new tax law, anyone who sells a property which they owned for less than 12 months (365 consecutive days) will be considered to have “flipped” the house and any profits from the deal will be taxed as business income – of course there are some exemptions to this new tax and you would need to discuss with your accountant for each situation.
The 2023 property assessments can now be viewed online and should be in the mail to you this week. Don’t forget the appeal deadline is typically the end of January. If you have any questions about your assessments or would like to review the value of your property we are here to help.
Here are this past week’s numbers for you:
Happy New Year!
Lynne Venner & Tracey Cruz
Your Mother/Daughter Team
Photo above – Guy Fattal, Tourism Whistler.
*Note: All statistical information provided from sources deemed to be reliable. Information provided is based on data collected from Whistler Listing Service WLS and MLS.
30-8030 Nicklaus North Boulevard
This gorgeous townhome is a rare opportunity to own in the highly desirable Englewood Greens complex within the Green Lake Estate neighbourhood and conveniently located next to the scenic Nicklaus North Golf Course. This meticulously cared for 3 bedrooms plus den feels like home as soon as your step in the front door. The open concept living space is perfect for entertaining and the private outdoor patio or deck are the perfect spots to unwind after a day on the slopes. With the bedrooms located on the upper level the primary suite sure to impress with stunning views, great closets and a spacious ensuite. Enjoy biking, skiing, golfing and family fun, as this complex is in an outstanding location to take in all that Whistler has to offer! Englewood Greens is exactly what you have been looking for with the flexibility to be used for nightly rentals. Looking for the perfect escape or somewhere to call home in Whistler? It really does not get better than this! This property zoned for nightly rentals, GST paid.
The Local’s List for January 2023
Have a look at our favourite blog from Tourism Whistler for all the latest on what’s happening in Whistler this month. Whether you ski or not, there is a lot to do during your visit, or even if you live here! From the Squamish Lil’wat Cultural Centre, to going heli skiing with your family and friends, we’re sure you’ll enjoy every minute of it!
Photo credit – Whistler Olympic Park, another great way to spend a day in Whistler!