Whistler’s Rental Covenants: Phase 1 vs. Phase 2 Properties
If you’re considering purchasing a property in Whistler, it’s important to understand the differences between Phase 1 and Phase 2 rental covenants. These designations determine how you can use and rent out your property—and they can have a significant impact on your lifestyle and investment goals.
Phase 1 Zoning: Maximum Flexibility
Phase 1 properties offer the greatest flexibility in Whistler. You can:
Live in the property full-time
Rent it out nightly (short-term)
Rent it out long-term
Use it for a combination of personal use and rentals
With a Phase 1 property, you have full control over how your unit is rented. You can manage it yourself using platforms like Airbnb or VRBO, or hire a full-service property management company to handle bookings and guest services for you. These properties are generally not part of a rental pool, so you retain all rental income (less any applicable management fees).
Whether you’re seeking a weekend getaway, a part-time residence, or an income-generating property you can still enjoy personally, Phase 1 zoning offers the most options.
Phase 2 Zoning: Limited Personal Use, Hands-Off Investment
Almost all of Whistler’s hotels fall under Phase 2 zoning. Some well-known examples include:
The Four Seasons Resort Whistler
The Westin Resort & Spa Whistler
The Pan Pacific Whistler Mountainside
The Delta Whistler Village Inn & Suites
With Phase 2, owner usage is limited to 28 nights in the winter and 28 nights in the summer. For all other nights, your unit must be made available for nightly rental through the hotel’s front desk.
You earn a share of pooled hotel revenue for every night your unit is available and not in use. For nights you occupy the unit, you forgo that income. In nearly all cases, owner-direct rentals are not permitted, and bookings must go through the hotel’s internal system.
This type of property is ideal for buyers looking for a hands-off, turn-key investment, with minimal involvement in day-to-day operations.
Which Rental Covenant Is Right for You?
The right choice depends on your priorities. If you’re looking for maximum flexibility, personal use, or want the option to manage your own rentals, Phase 1 is likely the best fit. If you prefer a low-maintenance investment with limited personal use and a hotel-managed rental program, Phase 2 could be the right match.
