Plasma fades over the years, buying that second hand you never know what you'll get. Could have been used sparingly, could have been on almost around the clock.
A future proof 4K tv is north of $3000 in Canada. You need one with both Dolby vision and HDR 10. The logo and specifications for HDR has only been determined recently, start of the year. Buy a cheap one now and you won't have HDMI 2.0a with HDR rendering. That would be like buying a 720p set with 1080p just released.
Anyway if you want something cheap as a stop gap, 40" for 299 doesn't sound too bad
http://www.bestbuy.ca/en-ca/product/insignia-insignia-40-1080p-hd-60hz-led-tv-ns-40d420na16-ns-40d420na16/10357731.aspx?path=3ee26330b02f5f22deb21ec4c2ece942en02
It's not gonna do wonders, no clue what lag it has. But you're just not going to get a whole lot of TV for $300 with the low Canadian dollar atm.