401-1881 Jane Street, Toronto, ON

Rustic, Toronto · MLS® W13145030

$339,000
For Sale
Listed 59 days ago
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2Bedrooms
1Bathrooms
1Garage
900-999Sq Ft

About this home

Fantastic Location & Unbeatable Value! 942 SqFt 2 Bedroom Condo In The Prized Rustic Neighbourhood. Spacious Updated Unit Ready for Your Personal Touch! Kitchen Flows Into An Over Sized Laundry Room. Lots Of Closet Storage Space. Generously Sized 3 Pc Washroom. Large West Facing Balcony. Close To Parks And Recreational Trails, Shopping, Grocery, Hwy 401/400, And TTC Transit At Your Doorstep. 1 Parking & 1 Locker!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13145030
Bedrooms
2
Bathrooms
1
Size
900-999
Cross streets
Jane St/ Queens Dr
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Maintenance
$1,321/mo
Exposure
West
Property tax
$1,425 / 2025
Days on market
59
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Living RoomFlat6.49 × 3.30 m

combined w/dining · w/o to balcony · laminate

Dining RoomFlat3.47 × 2.86 m

combined w/living · laminate

Bedroom 2Flat2.72 × 2.74 m

laminate · window

BedroomFlat4.62 × 3.17 m

laminate · window

KitchenFlat3.31 × 2.51 m

eat-in kitchen · laminate · combined w/laundry

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is C R Marchant Middle 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 very walkable address with everyday errands close by. Jane St at Maple Leaf Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$439kavg asking

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

701-45 Sunrise Avenue$375k1104-11 Wincott Drive$420k714-100 Wingarden Court$440k307-1111 Steeles Avenue$459k817-20 Dean Park Road$500k

The 5 closest of 8 active listings nearby.

See all comparable homes
339kThis home375k420k440k459k500kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $552K
$357this home / sqft
95active listings nearby
59days on market

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rustic, 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

79/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Jane St at Maple Leaf Dr, about 24 m away

20+ transit stops14 grocery20+ dining19 parks20+ pharmacies

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.

Mimico
$800K
Annex
$1.39M
Willowdale West
$770K
Willowdale East
$441K
Church-Yonge Corridor
$574K

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 Pelmo Park Public School
43%
Pelmo Park Public SchoolPublic · Elementary · 1.1 km awayBelow the GTA average · 43% meet the provincial standard

Affordability & Mortgage

Affordability
$1,545/mo
$91KIncome needed
3.7×Price ÷ income
$357Weekly 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.

52%mortgage
Mortgage $1,545Property tax $119Condo fee $1,321Total carry $2,984

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,447per month

Mortgage amount $271,200 · 4.14% over 25 years

$67,800Down payment (20.0%)
$271,200Loan before insurance
$0CMHC premium
$2,887Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,447
Property tax
$119
Condo / maintenance fees
$1,321
Heating
$0
Estimated monthly cost
$2,887

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

One-time closing costs

Ontario land transfer tax
$3,560
Toronto municipal land transfer tax
$3,560
Estimated closing costs
$7,120

Plus your down payment of $67,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,758/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

$162,967Total interest paid
$434,167Total of all payments
Principal $271,200 Interest $162,967
YearPrincipalInterestBalance
1$6,353$11,013$264,847
2$6,619$10,748$258,228
3$6,896$10,471$251,332
4$7,184$10,182$244,147
5$7,485$9,882$236,663
6$7,798$9,569$228,865
7$8,124$9,243$220,741
8$8,464$8,903$212,277
9$8,818$8,549$203,459
10$9,187$8,180$194,272
11$9,571$7,796$184,701
12$9,971$7,395$174,729
13$10,388$6,978$164,341
14$10,823$6,544$153,518
15$11,276$6,091$142,242
16$11,747$5,619$130,495
17$12,239$5,128$118,256
18$12,751$4,616$105,505
19$13,284$4,083$92,221
20$13,840$3,527$78,382
21$14,419$2,948$63,963
22$15,022$2,345$48,941
23$15,650$1,717$33,291
24$16,305$1,062$16,987
25$16,987$380$0

At the end of your 5-year term

Total paid over the term
$86,833
Principal paid down
$34,537
Interest paid
$52,296
Balance remaining
$236,663

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.

Investor snapshot

Rental yield
Estimate$3,050/mo
$36,600Gross annual rent
4.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

10.8%
Gross yield
− Property tax $1,425− Condo fees $15,846− Insurance $600− Vacancy & upkeep $4,026Net operating income $14,703

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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