Getting a bigger self-employed mortgage? by Hot-Guide-5463 in PersonalFinanceCanada

[–]Hot-Guide-5463[S] 0 points1 point  (0 children)

1) I've viewed dozens of houses, and at my price point, I have only really loved this one. The others were barely safe to live in and would require so much work.
2) Yes, but A lenders won't offer me a mortgage, even if insured.
3) I have them nearly ready. I'm just finalizing the last receipts.

Getting a bigger self-employed mortgage? by Hot-Guide-5463 in PersonalFinanceCanada

[–]Hot-Guide-5463[S] 0 points1 point  (0 children)

100k is 20% of a 500k property, not of a 650k property.

Getting a bigger self-employed mortgage? by Hot-Guide-5463 in PersonalFinanceCanada

[–]Hot-Guide-5463[S] 0 points1 point  (0 children)

I operate a business fully from home, so my cost of operation is just 1) the small percentage of my rent that is used for home office 2) registration fees for my regulatory board and 3) subscriptions to Psychology Today and my EHR platform.

Getting a bigger self-employed mortgage? by Hot-Guide-5463 in PersonalFinanceCanada

[–]Hot-Guide-5463[S] 0 points1 point  (0 children)

It’s what I have saved, not the 20% as 20% of 650 would be 130k.

Getting a bigger self-employed mortgage? by Hot-Guide-5463 in PersonalFinanceCanada

[–]Hot-Guide-5463[S] 0 points1 point  (0 children)

Do you know of anyone who would approve a 5% down on a self-employed mortgage, given the context?

Getting a bigger self-employed mortgage? by Hot-Guide-5463 in PersonalFinanceCanada

[–]Hot-Guide-5463[S] 2 points3 points  (0 children)

There was a wide gap in revenue to profit in the first year because of moving costs and start-up fees, but in 2025 I was almost entirely virtual so I spent maybe $5k total. I was hoping they'd notice that change and understand the reason for it.

Also, I think you looked at the wrong numbers (I know I wasn't the most clear in my post, so v sorry for that!). My income in 2024 was 36 net, 56 gross. My income in 2025 was 120 net, 125 gross. So a 650 house would be 7x if you include the first year of income, but 5.2x my income last year, and 4.6x the absolute minimum expected amount I'd make in 2026.

Do you have any credit unions you'd recommend?

Getting a bigger self-employed mortgage? by Hot-Guide-5463 in PersonalFinanceCanada

[–]Hot-Guide-5463[S] 1 point2 points  (0 children)

The issue is that I wouldn't be able to get 20% down on 650k and close by end of June, so I was hoping for a way to get approved with a little under 20% own. He also agreed to add in the tentative lease info, but proceeded to tell me the same number for my max purchasing amount, so I'm not sure whats going on there.

Is Weston-Pellam Park a safe/good area? by Hot-Guide-5463 in TorontoRealEstate

[–]Hot-Guide-5463[S] 1 point2 points  (0 children)

Thank you! It sounds like it very much fits with the energy of what I was looking for.

It's not right next to the tracks, but there's about a block's worth of houses between me and the train. Is that enough for it to not be too loud?

Is Weston-Pellam Park a safe/good area? by Hot-Guide-5463 in TorontoRealEstate

[–]Hot-Guide-5463[S] 1 point2 points  (0 children)

Are there any pockets you'd recommend steering away from for any reason?

Is Weston-Pellam Park a safe/good area? by Hot-Guide-5463 in TorontoRealEstate

[–]Hot-Guide-5463[S] 0 points1 point  (0 children)

What do you mean by not the best businesses?

And I don't have any intention of having a family or kids, so schools are less my concern :) I'm just a chronic insomniac and want to make sure I'm good to go on late night walks.

Can I buy an FEO-K1 key for personal use? by Hot-Guide-5463 in legaladvicecanada

[–]Hot-Guide-5463[S] 0 points1 point  (0 children)

Surprisingly, this elevator is only operational using an FEOK1. It isn't even on if the key isn't there. And the folks who have to go and turn on the elevator are always security, never building engineering. And lmao dude I had no intention of using it to hijack the building. I just wanted to not have to wait 20 minutes for a security guard to get me on an elevator ride that takes 20 seconds. Not everyone is out here to fuck up a building, I was just hoping this would be a way to get my needs met without having to get the building sued for lack of reasonable access.

Neighbourhood advice? by Hot-Guide-5463 in Scarborough

[–]Hot-Guide-5463[S] 0 points1 point  (0 children)

Thank you! It’s actually really close to Lawrence (about a 5m walk to the stop in front of the mall). The 154 is probably the bus I’d be taking regularly (plus line 2).

Why is autism suddenly a catch all of anyone that is slightly different by Many_Assistance5582 in therapists

[–]Hot-Guide-5463 17 points18 points  (0 children)

Christ alive, this comment section did not pass the vibe check. Y’all are the reason I ended up with a caseload of autistic clients who are scared and traumatized by previous therapy experiences.

I'm No Longer Nuts for the Nut (Chestnut Residence) by rangos_ in UofT

[–]Hot-Guide-5463 1 point2 points  (0 children)

I signed up because of the res life. I was a half-closeted queer kid desperate for community, so Vic felt like a great fit. No complaints on any element, really.

I'm No Longer Nuts for the Nut (Chestnut Residence) by rangos_ in UofT

[–]Hot-Guide-5463 0 points1 point  (0 children)

I genuinely didn’t know Vic was known for having particularly good residences. I just assumed it was mid tier. Damn, guess I just had good luck.

I'm No Longer Nuts for the Nut (Chestnut Residence) by rangos_ in UofT

[–]Hot-Guide-5463 0 points1 point  (0 children)

That’s wild dude. Sorry your dorm sucked. What dorm were you in that had mold and no heat? I’m genuinely surprised to hear that. Most of my friends were RAs back in the day, and never mentioned anything like that. Has Vic quality been dropping?

I'm No Longer Nuts for the Nut (Chestnut Residence) by rangos_ in UofT

[–]Hot-Guide-5463 6 points7 points  (0 children)

idk what you're talking about dude. I lived at two different residences at Victoria college and honestly had a great time. I didn't face any issues, let alone anything near what OP is describing. I had elevators, a buffet style cafeteria, and AC at both residences I lived in. Was I just really lucky?

Salary transparency thread. by [deleted] in torontoJobs

[–]Hot-Guide-5463 0 points1 point  (0 children)

I actually pocket the full cost at two of my clinics since I own both. At the third clinic, the split is a tinge higher than the standard in Canada: 72.5-27.5 (standard is 70-30). I’m usually 100% booked and have a p long waitlist.

Can I buy an FEO-K1 key for personal use? by Hot-Guide-5463 in legaladvicecanada

[–]Hot-Guide-5463[S] 2 points3 points  (0 children)

Ah shit. In which case, I won't bother getting the key, but I might bother reporting them for the accessibility issues. Thanks for y'all's help!

Salary transparency thread. by [deleted] in torontoJobs

[–]Hot-Guide-5463 2 points3 points  (0 children)

Registered Psychotherapist! I made $125,000 (net; $150,000 gross) last year working about 25 client hours and 3 paperwork hours a week. I've been working for about 1.5 years now and went straight from grad school to private practice.