Pros: Balcony/terrace to relax on that overlooks part of the canal, spacious, clean, bedroom windows have shutters that can completely block out sun if desired, Giovanna is a really good host, secure, quiet area, enjoyable walk to common tourist sites, eg. Highly recommended Paradiso Perduto, Zucca, Al Timon (for cicchetti), Saint Mark Square, San Giovanna e Paola Oespedale (Hospital formerly a church), Liberia Dell'acqua Aqua. Seafood and pasta is amazing.
Cons
Bathroom small, staircase to get to top floor (no lifts) - but both very much the norm in Venice. Otherwise cannot think of any cons