The apartment has a very nice aspect, with a view over the canal, and we had a nice time there. It is quite central, next to Campo San Margarita and less than 10 mins walk from Academica. It is also quite roomy and away from the tourist crush.
It lacks a few things compared to other places - kitchen things, TV, CD player - but who goes to Venice to watch TV?
Our induction was a bit patchy, but we did arrive about three hours late, thanks to Austrian railways missing a train connection through to Venice and some confusion finding the place in the dark! My phone was also not working at the time.
We paid a little more than in other cities, but I think that is Venice, rather than a feature of this particular apartment.