I understand the potential value to convert but would like to use an outstanding calculator to actually show the value of different conversion options and investment percentages.  

Building equity and e­arning additional income are potential be­nefits.

More importantly was realizing that if I'm uncomfortable with the accessibility, then potential renters will be too.

Costs are up, but so are asset values and potential rent increases.

It's high risk potentially not so high reward situation. 

The realtor now can only work with half of their potential customers.

However, this comes with the caveat that you and your husband are prepared to cover any potential increases in mortgage payments after the renewal, especially if the new rate is significantly higher than the current 3.5%, which I ignore since I am not versed in the mortgage system in Canada (although it does sound a bit like an adjustable rate mortgage from what you described).Before making a decision, I recommend speaking with a financial advisor or a mortgage broker to explore your refinancing options and get a sense of what rates you might be looking at come June.

It's an exciting but complex decision, and I'm reaching out to this community to gain insights, advice, and maybe learn from personal experiences.Pros and Cons:I've identified several potential pros and cons but would love to hear your perspectives.

You'll turn away many potential guests by doing so.

It has some potential, but what drove you to Phillipsburg?