1508-890 Jane Street, Toronto, ON

Rockcliffe-Smythe, Toronto · MLS® W13500550

$1,900/mo
For Lease
Listed 24 days ago
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1Bedrooms
1Bathrooms
1Garage
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 dark-stained 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. Heat and water are included in the lease. However, hydro is extra. Parking is rental and available at $100.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13500550
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Jane & Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
None
Exterior
Other
Exposure
West
Days on market
24
Listing brokerage
VALERY REAL ESTATE INC.

Rooms

Dining RoomFlat2.53 × 2.22 m

parquet · combined w/living

BedroomFlat3.57 × 3.18 m

parquet · window

Living RoomFlat5.91 × 3.18 m

parquet · window · w/o to balcony

KitchenFlat2.58 × 2.22 m

ceramic floor · ceramic backsplash

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,146/moest. value

Listed at $1,900/mo, this rental is about 11% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Rockcliffe-Smythe lately, landlords have been getting about 97% of asking and homes lease in about 26 days.

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

Based on 68 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 68 recently leased comparable homes — actual closing prices, not asks — 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, leased for $2,193/mo
  • Bedrooms −$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $1,943/mo

That comparable adjusts to $1,943/mo; the $2,146/mo estimate above is the median of all 68 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still 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.

List price
$1,900/moBelow market$2,308/moAbove market

Total price vs nearby homes. Fair value about $2,146/mo, median of 68 comparables.

Comparable listingsCurrently listed nearby · asking prices
$2,175avg asking

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

2801-83 Borough Drive$2,000216-1407 Dupont Street$1,700611-103 Avenue Avenue$2,400413-383 Sorauren Avenue$2,600

The 4 closest active listings nearby.

See all comparable homes
1,900This home2,0001,7002,4002,600This home vs active comparables
Live market pulseActive comparables in Rockcliffe-Smythe · median list $2K
5active listings nearby
24days on market
100leased nearby · 90 days
$2Kmedian leased price
97%of asking, on average

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.

Nearby neighbourhoods

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

Dovercourt-Wallace Emerson-Junction
$2K
Mimico
$3K
Niagara
$3K
Bay Street Corridor
$3K
Annex
$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 23, 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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