NO owner knows of creative scenarios (sub to, seller gives a 2nd note for their equity, seller takes an option to sell...).   

Canadian investors have several financing options, such as mortgages, private lenders, cross-border financing, and partnerships.

I'm not smart enough to work out the math of which option would be best, or how long it would take for the syndication option to overtake the DST option. 

Mathew, From my perspective you need to talk with local real estate investors and a quality realtor to determine what is needed as well as paint choice options.

Start there it will offer many more options and choices than the 'loan officer' at your bank branch.

Now, consider some solutions: submetering is an option, allowing for individual usage tracking, but be cautious about upfront installation costs and regulations.

Pricing and rates change constantly so if you are seeking cash out of a rental property you can entertain a second DSCR equity loan up to 70CLTV to keep your first in place or take a look at a full new cash-out option.

@Stephanie Gledhill The credit union you found looks like a great option.

Start exploring/considering creative investment strategies such as house hacking, rent-by-the-room, short-term, medium-term, etc. 

Based on budgeting, section 8 seems like a viable option without any major cons.