@Audrey Blotz yes, firmly agreed with the above post on AVOIDING capital gains all together if you fit that 2 out of the past 5 years thing. 

You can try to post this in the commercial forum but Canada is so different from the US that I would suggest just going to some Canadian/Alberta Facebook Real Estate Investor Group pages and ask this question in there.  

I am new to the real estate scene and would greatly appreciate some insight on this. sell it and invest reinvest the same money in a downtown market like Columbus. you can get a 60k plot of land and get rezoning application to put a stacked triplex that we build. let someone help you who's sophisticated. you already have the equity. land isn't worth anything unless you can build it. our product is posted in marketplace 

I'm going to post a listing that has a shared bathroom, shared kitchen, and a vacant bedroom.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Sorry for the long post, I have so many questions as a new investor.

*This post does not create a CPA-client relationship.

Originally posted by @Courtney Young:What state are you in?

@Amer Swid not to fear monger, and I do agree with the other posts, but just realize that its a MUCH older standard / "technology." 

Sorry if I read too much in btwn the lines your initial post sounded like you're worried.