Is an old $1700 studio a good deal?

Hi! I’m currently debating whether I should move into a $1700 studio in an old west end building, pretty tiny, nothing updated, carpeted, not including wifi or electricity. I see some posts about how this is crazy good in current Vancouver but I feel like Reddit is very prone to complainers haha. I also see people saying that realistically you can find lower in west end if you do more research on foot. This is also the first apartment I viewed so I don’t want to jump the gun, any advice would be appreciated 🙏 thank you!