Ally entrance to loft, thoughts?

[Beau Walsh]

I need help with this. I'm looking at a flip in Vancouver Canada. Prices are expensive here but I found a place that is zone as a live/work just outside the downtown core for $288,000. It's 880 sq open bed room with pony wall and one bath but place is stripped down to concrete and studs. I figure I can get it for 250-260, and it needs about $40,000 worth of work maybe less but want to be safe. The unit in the same building with 40sq less that's fully rehabbed and is listed $425,000 but its got a upstairs open bedroom true loft and faces the front street. My unit you can only access from the back ally right beside the parking garage and the ally is a dead end just past my unit. It's got 2 skylights and two windows facing the ally. My agent tells me I can sell it for at least $350,000 maybe more. There has been lots of interest in this place both times I've been there that has been three other groups there looking. New product in the area with same square footage is selling at $450,000 and up. The rent for that sq in the building same sq $1700/mo that's an option too.

Do you think the ally entrance would make it really hard to sell? I know in a rural area I'd wouldn't consider it but cause its almost downtown I figure people are willing to accept quirky what are your thoughts?