Sun Peaks

Sun Peaks transforms from a quiet mountain village of 1,400 residents into Canada’s second-largest ski area when winter arrives, and that seasonal magic creates unique lending opportunities that most MICs completely miss. While other lenders chase urban deals, we see the real story here: a resort community where 127% population growth over eight years signals something powerful happening beyond the ski runs.

The numbers tell a fascinating tale. Nearly half the housing stock consists of apartments under five stories, with single-detached homes making up just 17% of dwellings. This isn’t your typical BC mountain town—it’s purpose-built for recreation, with accommodation and food services employing one in five workers, while arts, entertainment and recreation account for another 13%. That tourism-heavy economy might scare traditional lenders, but it creates exactly the kind of equity-rich scenarios we understand.

Here’s what makes Sun Peaks different: people don’t accidentally end up here. The median household income of $84,000 combined with 77% post-secondary education rates shows this community attracts intentional buyers—folks who choose mountain living and can afford it. When someone needs bridge financing for that ski-in, ski-out condo or wants to consolidate debt against their vacation property, they’re dealing with real equity in a market that rarely sits still.

The 10.6% unemployment rate reflects seasonal work patterns rather than economic distress. Construction workers, hospitality staff, and recreation professionals follow the mountain rhythms, but the underlying demand for Sun Peaks properties remains strong year-round. Golf in summer, skiing in winter, and that small-town mountain vibe that money can’t buy elsewhere.

Our 60% maximum LTV reflects both opportunity and caution. Properties here move quickly when priced right, but seasonal markets require respect. For brokers with clients holding Sun Peaks real estate, we offer the equity-based lending that makes sense when traditional qualification becomes complicated by seasonal income or self-employment in the recreation industry.