We know inflation is skyrocketing and RE has taken off, New York is a matter of time.

Now I am trying to decide if I should sell it or hold off for another year with minimal to negative cash flow to ride some more appreciation/inflation and stay within my no capital gains window.

@Jason Dasanjh Ontario is subject to provincial rent control, so rents stagnate (barely keep pace with inflation at best) while expenses increase.

The shortage of inventory is causing prices to rise, the shortage of lumber and other build materials is causing build costs to rise, and inflation has become a large downhill snow ball. 

There's buyers here going as low as 5% but I don't want to inflate the price that much.

@Yuri WoitscheckThe difficulty in this market is every market is similarly competitive so the price you’ll be paying is inflated at a similar level.

Is anyone else concerned about upcoming inflation with regards to commercial properties?

To keep things simple, I will ignore inflation, probable rent increases, and similar variables.

The politicians wanted to pretend to be the savior to the masses and they inflated the numbers so when things clear up, they can look like heroes. 

The management company and realtors will inflate the number to expect.