It's not at all normal that commercial mortgages have lower rates than owner occupied single family homes... we shall see how long that lasts for.

It will limit the number of people who are interested in your property and you may end up having to rent it to lower quality tenants and / or below market rent. 

Rates will be a bit higher and amortizations likely lower, but there's no such strict limit with them. 

Yes, this strategy is an attempt to lower my wife’s taxable income.

Lower turnover means happier residents, but it can also translate into less operational stress for you.Max Occupancy: The size of the home and local regulations will determine how many residents you can house.

Feels a bit like a Hail Mary given the circumstances though, and I am wondering if it makes the most sense to just lower the price should it come to that if nothing happens in the next couple of weeks.Thanks again for your input!

I think this might be a low point because the Canadian government is trying to pump the housing market before the election next year by lowering rates, relaxing mortgage insurance conditions etc.

In that case, I would vote for you to refinance at a lower LTV (~80%) to ensure you are breakeven/some small cash flow at a minimum.

As an individual or first-time investor- House Hack, lower interest rate/downpayment programs, local market knowledge, Rent a room, STR your house, Military BAH payments, etc.B. 

I switched a portion to Solana because of the faster network and lower fees, which makes it more practical for frequent use.One tool I came across while working with Solana is the Raydium Bundler, which is great for managing multiple wallets simultaneously.