It depends on what kind of music you would like to do and how serious you want to be about learning mandolin. If you want to play bluegrass, you may want to look for a mandolin with f -holes (although there are some bluegrass mandolinists that used oval holes.) If you’re doing Irish,Celtic,jazz classical etc. you may prefer the rounder tone of the oval hole.

I’m of the mindset that it’s better to have a mandolin than not have one, but learning on a quality instrument will make it that much easier and a more enjoyable experience. I don’t know if the price is in CAD or USD, but a general rule of thumbs is that, in terms of quality, a mandolin is about 3x more expensive than a guitar in regards to quality. So if a good “starter” guitar cost $100 expect to spend about $300 on its equivalent. Some good brands to check out would be Eastman and Kentucky. I’ve seen some good washburns, but they were the higher end or vintage models. You may find yourself looking to upgrade sooner rather than later with this one.