Would you pay $700 a month to rent a micro suite? Craigslist ad highlights bleak options

A micro suite in Vancouver is being rented for $700 a month—a steep price considering the space is just 150 square feet.

A micro suite in Vancouver is being rented for $700 a month—a steep price considering the space is just 150 square feet.

According to the Vancouver-based rental listing website liv.rent, the average rent per square foot in the city is $3.85, which works out to a monthly rent of $577.50 for a 150-square-foot space.

Utilities are included in the $700 price for the micro suite listed on Craigslist, however.

An advertisement for the room specifies it is “freshly renovated” and comes with access to a shared kitchen and bathrooms on the same floor, but there’s no laundry on site.

A single bed frame and mattress, plus a kitchen sink and mini fridge can be seen in photos of the tiny room posted online.

The advertisement does not include the address, but says the micro suite is in a “secure building with neighbourhood security.”

In an email to CTV News, a spokesperson for the City of Vancouver says micro suites are “intended to encourage the creation of new livable, affordable micro dwelling rental units in the Downtown Eastside and the False Creek Flats areas” and are a minimum of 250 square feet under city guidelines.