Hey guys, I need a road bike for the summer to do some serious recreational cycling. I found this bike on CL, does it worth $285 CAD?

It is a 51 cm Miele Road bike with Shimano Exage 12 speeds, wheels are Miele double whall made by Ambrosio and everything else has been replaced new, according to the seller.

http://montreal.en.craigslist.ca/bik/1701216278.html

Thanks!