1506-890 Jane Street, Toronto, ON

Rockcliffe-Smythe, Toronto · MLS® W12893096

$1,900/mo
For Lease
Listed 122 days ago
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1Bedrooms
1Bathrooms
1Parking
600-699Sq Ft

About this home

Welcome to this bright and spacious 1-bedroom suite at 890 Jane Street, featuring a functional kitchen, living, and dining area-ideal for modern living and entertaining. The home is finished with lighter colored parquet floors throughout and showcases beautiful west-facing views that fill the space with natural light and stunning evening sunsets.890 Jane Street is located in a thriving neighborhood teeming with convenient amenities, shops, and retail options. You'll enjoy an impressive variety of dining-from cozy cafés to international cuisine-along with essential services such as grocery stores, banks, and healthcare facilities only minutes away. Outdoor enthusiasts will appreciate the proximity to Black Creek Parkland, Smythe Park, and other nearby green spaces offering trails, playgrounds, and recreational facilities. Public transit is abundant, providing effortless access to surrounding areas and major city destinations. A well-managed building in a growing community, offering a comfortable and connected lifestyle. Limited-Time Move-In Incentives 1 month free rent on a 13-month lease. Please note, some photos have been virtually staged and are also of typical similar units within the building

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12893096
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Jane & St. Clair
Parking
1 parking
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Exposure
West
Days on market
122
Listing brokerage
VALERY REAL ESTATE INC.

Rooms

BedroomFlat3.57 × 3.18 m

parquet · window · double closet

Living RoomFlat5.91 × 3.18 m

parquet · w/o to balcony

Dining RoomFlat2.53 × 2.22 m

parquet · window

KitchenFlat2.58 × 2.22 m

ceramic floor · ceramic backsplash

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,400/moest. value

Listed at $1,900/mo, this rental is about 21% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Rockcliffe-Smythe, so I widened the search to the surrounding area.

Based on 59 similar rentals nearby, adjusted for size, beds, and baths.Median of 59 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2,547/mo
  • Bedrooms −$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $2,297/mo

That comparable adjusts to $2,297/mo; the $2,400/mo estimate above is the median of all 59 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

The assigned public school is Roselands Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$1,900/moBelow market$2,657/moAbove market

Total price vs nearby homes. Fair value about $2,400/mo, median of 59 comparables.

Comparable listingsCurrently listed nearby · asking prices
$2,114avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

220W-36 Lisgar Street$2,000Ph01-858 Dupont Street$2,080338-15 Iceboat Terrace$2,1401806-575 Bloor Street$2,1501106-29 Pemberton Avenue$2,200

The 5 closest of 8 active listings nearby.

See all comparable homes
1,900This home2,0002,0802,1402,1502,200This home vs active comparables
Live market pulseActive comparables in Rockcliffe-Smythe · median list $2K
5active listings nearby
122days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Rockcliffe-Smythe, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$3K
Mimico
$3K
Annex
$4K
Kensington-Chinatown
$3K
Waterfront Communities C1
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Roselands Public School
50%
Roselands Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 50% meet the provincial standard
Frank Oke Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$9/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $9Property tax $1Total carry $10

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8per month

Mortgage amount $1,520 · 4.14% over 25 years

$380Down payment (20.0%)
$1,520Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$19

Plus your down payment of $380. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$913Total interest paid
$2,433Total of all payments
Principal $1,520 Interest $913
YearPrincipalInterestBalance
1$36$62$1,484
2$37$60$1,447
3$39$59$1,409
4$40$57$1,368
5$42$55$1,326
6$44$54$1,283
7$46$52$1,237
8$47$50$1,190
9$49$48$1,140
10$51$46$1,089
11$54$44$1,035
12$56$41$979
13$58$39$921
14$61$37$860
15$63$34$797
16$66$31$731
17$69$29$663
18$71$26$591
19$74$23$517
20$78$20$439
21$81$17$358
22$84$13$274
23$88$10$187
24$91$6$95
25$95$2$0

At the end of your 5-year term

Total paid over the term
$487
Principal paid down
$194
Interest paid
$293
Balance remaining
$1,326

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of VALERY REAL ESTATE INC.. MLS®/PropTx.

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