Something that tends to get ignored or neglected a lot in transit proposals is that where a train does stop is as important as where a train does NOT stop. To demonstrate this, I have created a potential stop arrangement for the Jane LRT that serves the communities on the route, while taking lessons from the mistakes made on the Eglinton and Finch West lines.
I used the stops listed on the Wikipedia article for the Jane LRT, and added a small extension southwards into Etobicoke. The stops that I left out are shown as dark gray circles on the line, and below is my rationale for most of the minor stops and why I did or did not include them:
Murray Ross: Cut. Too close to an interchange station (Pioneer Village)
Shoreham: Keep. Surrounded by apartments and a retail plaza, Shoreham is a collector in both directions
Driftwood: Cut. 300m or less from Shoreham
York Gate: Cut. Too close to an interchange station (Jane and Finch)
Yewtree: Cut. Way too close to Jane and Finch
Yorkwoods: Cut. Less central than Grandravine
Grandravine: Keep. Closer to the midpoint between Finch and Sheppard, plus a more distinct name because it does not have "York-" in it
Rita: Cut. Not enough development potential
Giltspur: Cut. Mostly surrounded by green space, insufficient development potential unless the east frontage of Jane and the west frontage of Turks are rezoned
Exbury: Keep. Midpoint between Finch and Wilson, plenty of infill potential
Heathrow: Cut. Too close to Exbury and Wilson
Falstaff: Keep. Highways 400 and 401 would act as barriers to discourage people from walking to/from other stations
Maple Leaf: Keep. Maple Leaf and Church are both arterials
Trethewey: Keep. Lots of development potential
Outlook: Keep, or shift south to Black Creek Boulevard. Central point of neighbourhood
Woolner: Cut, if Lambton becomes an interchange with the St Clair streetcar and possibly services on Dundas/Milton GO
St Johns: Cut. Not enough of a destination, surface stops are not feasible this far south
Annette: Keep. Collector in the east direction, sole connection to a neighbourhood in the west direction, roughly midway between St Clair and Bloor
Ardagh: Cut. Too close to Annette
Unlike the Finch LRT, this line would replace the express services on Jane Street but not local service.