^^^I almost fainted when you posted that, as I have never heard of it before but would love one!
But no, it's a 17-70 mm f/2.8-4.5.
How about the Sigma 24-70 mm f/2.8 EX DG macro lens? Like the 17-70 mm, it's also more than $250, but it's around the same price as the 17-70 mm and is a high quality lens.
Otherwise, I recommend the Canon 50 mm f/1.8 or f/1.4, as they're well within budget.