Edit: *FREE FOR CP'er* (I really don't want to deal with kijiji)
I'm selling our used futon. Pickup only (NW near University). Unless you want me to harass my buddy with a truck, then you'd have to throw in a case of beer so I can pay him. But then you're probably paying too much for this mediocre futon. I'm a fantastic salesman.
It has two problems.
1) it sags in the middle. The frame is a bit bent, and one of the wood planks is a bit cracked. It's still totally serviceable, but it does noticeably sag.
2) The cover on it had a bit of an issue in a dryer, and it has a "burn" mark on it. See picture #2. If you really wanted I think you can get a new cover from Ikea for 40 bux, but if it's going in a basement it probably doesn't matter that much.
For reference, I think this is the original futon from Ikea:
http://www.ikea.com/ca/en/catalog/products/S09874380/
Also, personally I won't be offended if you take the cat with it. If someone (probably a female) says to you "oh no the cat isn't part of the deal" they're totally lying to you and you should take the cat anyways.