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Good deal?

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Good deal - not likely. Priced for the market may be. ONly if it is a XL. If a Galaxie 500, then knock $500 more off.

If it is an XL it is marginally a fair price. And there are SO many questions besides the cracked block issue.
Most of that is what is the rest of the basket case like?
Since some of the interior looks disassembled, putting someone elses puzzle back together can be frustrating.
The little pieces (fasteners) that may or may not be there will drive you nuts

The pictures that are posted are bad. Very bad if one is going to make a buying decision.
What is under the plastic in the RF seat?
Looks like right inner door panel is missing

From the long sitting period (yeah I get it was stored inside kudos but the cold winter cracked the block)
Does the transmission work?
How are the brakes?
Does the top work up and down?

Other issues -
Hood pins - really?
The wheels are not stock so either like or dis-like
Exterior mirrors are not correct
Cracked steering wheel will cost $300 to $600 to fix. And is not be correct color. (But then the interior color may have been changed)
Convertible top will cost $500 to $800 just in parts
So dusty how is the paint?
What is going on with the air cleaner?
The open hole in the valve cover likely allowed dust and dirt in
Something to the left of the steering column??? Trailer brake controller?
Something to the right of the radiator?????

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That price is in Canuk Bucks, so probably around $3,500 USD. Ontario was always know for using lots of road salt, so the frame and lower body panels should have a very close review for rust extent. It is a big project, but it is a XL convertible. The project cost will probably be two to three times what it is worth when it is done.
 

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The project cost will probably be two to three times what it is worth when it is done.
Depending on what level one wants to restore, it will likely take at least 3 times the purchase price to bring to a well restored stock level. Buy it for $4000, spend $20,000

If truely a '66 Galaxie 500 XL it would be a nice ride. A well restored copy with a 390 & AC is pushing $50K.And that would be US dollars

Looks like it might of had AC

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