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Vancouver is the most expensive rental market in Canada. According to a report from PadMapper.com, the average rental price of a one-bedroom apartment is $1,950. But if you can’t or won’t spend nearly $2,000 a month on rent, there are deals to be had.

A recent Craiglist post, for instance, is advertising a furnished, micro-studio apartment in Gastown for just $1,450.

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There’s a catch, though. When they say “micro”, they mean it. It’s just 200 square feet. Basically, it’s a closet with a bed in it.

Located on the top floor of the Metropole at 320 Abbott street, this tiny, renovated SRO boasts a kitchenette with a bar fridge and a hot plate, and a bathroom with a 3/4 tub and shower.

There isn’t much closet space, unless you count the whole apartment. There is, however, a rack that will fit about seven shirts. Hopefully you don’t have eight or more.

Photo by Handout / Craiglist

Granted, paying $1,450 a month for just 200 square feet of space without a real kitchen seems absurd, but remember: that’s still $500 less than Vancouver’s average apartment. Plus it’s furnished, which will save you the hassle of realizing none of your furniture fits in your new shoebox.