Properties zoned Residential may be rented on a monthly basis. Most properties in Whistler, Squamish and Pemberton are zoned for residential use.
The benefits for long term rentals are
Steady 12 month revenue with little or no vacancy. Significantly lower management fees. Opportunity to reduce or eliminate Tourism Whistler Fees. Reduced capital improvement budget.
Landlord’s and their Tenants in British Columbia have duties which are regulated by the Residential Tenancy Act of BC.
Property owners should notify their insurer the property is being rented on a long term basis.
In British Columbia, managers of long term rentals must be licensed in accordance to the Real Estate Act of BC.
Non-Residents of Canada
Mountain Country can act on behalf of non-resident property owners as their non-resident agent for tax purposes.