502 Jane Street, Toronto, ON
Runnymede-Bloor West Village, Toronto · MLS® W13601448
About this home
Welcome to this well maintained legal duplex offering an excellent opportunity for homeowners, investors, or multi generational families. This two storey property features two spacious self contained 2-bedroom units, each with its own private entrance, separate basement, laundry, and outdoor living space, providing privacy and flexibility for both owners and tenants.Whether you choose to live in one unit while generating rental income from the other, or rent both units as an investment, this property offers exceptional versatility. Situated on a generous lot with plenty of private rear parking and a newer roof, it is a rare opportunity in one of Toronto's desirable west end neighbourhoods.Ideally located along Jane Street, the home has easy access to Bloor West Village, Baby Point, The Junction, and High Park. Walk to shops, restaurants, cafés, parks, schools, and everyday amenities, with TTC at your doorstep and convenient access to major highways and downtown Toronto. Combining income potential, functionality, and an unbeatable location, this is a fantastic opportunity for both end users and investors alike.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13601448
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 2
- Size
- 2000-2500
- Lot
- 25 × 136.42 ft
- Cross streets
- Jane St & Annete St
- Parking
- 2 garage · 4 parking (detached)
- Driveway
- Mutual
- Basement
- Unfinished
- Heating
- Radiant
- A/C
- None, Window Unit(s)
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,862 / 2026
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
Double Doors
hardwood floor · ceiling fan(s)
laminate · stainless steel appl · eat-in kitchen
hardwood floor · window
walk-out · stainless steel appl · window
Above Grade Window
hardwood floor · ceiling fan(s) · closet
hardwood floor · ceiling fan(s) · closet
hardwood floor · ceiling fan(s) · closet
laundry sink · concrete floor
laminate · overlooks backyard · window
laundry sink · concrete floor
hardwood floor · greenhouse window · overlooks frontyard
hardwood floor · ceiling fan(s) · closet
hardwood floor · window
hardwood floor · ceiling fan(s) · closet
Listed at $1,499,000, and my independent estimate is about 31% below comparable homes, worth a close look.
In Runnymede-Bloor West Village lately, sellers get about 101% of asking; homes sell in ~19 days.
Total price vs nearby homes. Fair value about $2.17M, median of 22 comparables.
How this estimate is builtthe short version
I take the 22 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.32M, lower than the comparables and worth a second look.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Runnymede Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Runnymede-Bloor West Village, so I widened the search to the surrounding area.
Based on 22 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 29% below the area average of $935/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Runnymede-Bloor West Village, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.
Mortgage amount $1,199,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,399
- Property tax
- $489
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,888
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,455
- Toronto municipal land transfer tax
- $26,455
- Estimated closing costs
- $52,910
Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $383,963
- Principal paid down
- $152,718
- Interest paid
- $231,244
- Balance remaining
- $1,046,482
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.