I've heard the Jane & Finch area has a bad reputation, but I never felt unsafe there. The location is right next to the mall, so there are good food options and I did not find it scary - if you've ever been in a big city before, you won't feel too weird about it.
The room itself was nice, good value for the space, and pretty quiet despite the house sharing a few other guests. Personally I did not find the bed very comfortable, but I was also sick at the time of my visit so it's hard to say. Overall, it was a nice place worth checking out, if you're not the pickiest about beds.