How often can I use my OHVI resort suite?
At least twelve weeks per year, or one week out of every 4 weeks. Weekly check-in will be on Friday. This allows you to drive on Friday and use your resort suite on long-weekends.

Will I be able to make my resort suite available for rental?
Yes. OHVI has arranged for a professional hotel manager and a professional property manager. OHVI will strive to ensure that this property is managed to high level of owner and guest satisfaction.

What amenities will OHVI have?
We are very excited about the amenity package included at the OHVI: Private Fitness area with Hot Tub, Pool, Spa, Storage Lockers for each suite to store skis and snow boards, Storage Area for bikes, BBQ area, Glass Atrium, Beautifully Landscaped Grounds, The World famous Old House Restaurant, now called Tomato Tomato, right next door and the Courtenay River with the “Riverside Walkway” along side the property.

Who will the other owners be at OHVI?
People very much like your self, people who love what the Comox Valley has to offer and understand the importance of location when purchasing real estate.

What is the rental management split between management & the individual owner at OHVI?
The owners receive 60% of the net rental revenue when their suites are rented. The revenue is attributed to a specific suite and is not pooled in any way. Management receives 40% of the net rental revenue in return for their services they provide which include accounting, sales and marketing and overall management.

Will I be able to finance my Quarter Ownership purchase?
Yes. Because you own your Quarter interest suite you can finance it just like your home. We have a major financial institution involved with financing specifically for the OHVI Quarter Owners.

Can I buy more than one quarter?
Yes. We have people that buy 2 to 4 quarters with friends and family so they can trade weeks between themselves.

Will I have to pay GST on my purchase on my Quarter Ownership purchase at OHVI?
If you are planning on making your resort suite available for rent, you can obtain a GST number and defer the GST and it will not be payable upon completion. If you do not plan to make your resort suite available for rent then you will have to pay the GST on closing. The GST will become payable if your personal use exceeds certain limits prescribed by GST. Contact your accountant for details.

When will I have to put down my deposit?
$10,000 down when signing a contract and the balance is due upon closing - within 2 weeks to 30 days after financing is approved. Deposit: 10% of purchase price due on Selection Day. (Not 10,000 as in Phase 1).

Will I be able to put subjects on my offer to Purchase & Sale?
Yes, you have 7 days from signing your contract.