No, it doesn't although it does have an option to show a walk score (which you might be thinking of). Note that a "walk score" is different than commute time: a walk score is how generally walkable an area is for everyone while a commute time is dependent on another location.

Can you tell me where one can find the option to limit matches based on mass transit distance from some location? (In general, when you say "yes it does" offer some feature, it would be helpful to describe where in the UI it can be accessed, otherwise we'll have a long "yes it does", "no it doesn't" conversation. The burden of proof is on the person claiming something exists rather than the one claiming it does not. :))