Frequently Asked Questions

As of 2026, the average home price in the Greater Toronto Area is approximately $1.07 million. However, prices vary widely by property type and neighbourhood: condos average around $680,000, townhouses around $900,000, and detached homes start at $1.3 million and up. David Rad and the Rad Realty team can provide a detailed market analysis tailored to your budget and preferred areas.

The best neighbourhood depends on your lifestyle, budget, and priorities. For families, areas like Leaside, Lawrence Park, and High Park offer excellent schools and green space. Young professionals often gravitate toward King West, Liberty Village, and Queen West. For strong investment potential, consider areas near new transit lines such as Scarborough and the Etobicoke waterfront. Rad Realty publishes in-depth neighbourhood guides to help you compare options.

The typical timeline from start to closing is 3 to 9 months. Getting pre-approved for a mortgage takes 1 to 2 weeks, the active home search usually lasts 2 to 6 months, and closing takes 30 to 90 days from an accepted offer. David Rad helps clients streamline this process so you can move efficiently without missing opportunities.

While it is not legally required, working with a licensed real estate agent is strongly recommended. A buyer's agent provides market expertise, handles negotiations, coordinates inspections and paperwork, and protects your interests throughout the transaction. In most cases the seller covers the buyer agent's commission, so professional representation is essentially free. At Rad Realty, David Rad offers full-service support from first showing to closing day.

The Ontario home buying process typically follows these steps: get pre-approved for a mortgage, search for properties with your agent, make an offer (often with conditions for financing and inspection), complete a home inspection, secure final mortgage approval, have your lawyer review the title and closing documents, and close on your new home. Rad Realty guides clients through every stage, ensuring nothing is overlooked.

Budget 3 to 5 percent of the purchase price for closing costs. Major expenses include Ontario Land Transfer Tax, Toronto Municipal Land Transfer Tax (with first-time buyer rebates available), legal fees ($1,500 to $2,500), title insurance ($300 to $500), home inspection ($400 to $600), and moving costs. For a $1 million home, expect roughly $35,000 to $50,000 in total closing costs. David Rad provides a detailed cost breakdown for every client.

Toronto remains one of Canada's strongest real estate markets, supported by limited land supply, high immigration, a diversified economy, and world-class infrastructure. While short-term fluctuations occur, Toronto property has historically appreciated over the long term. Rad Realty works with investors to identify high-potential properties and build portfolios aligned with their financial goals.

A real estate agent is licensed to help clients buy or sell property, while a broker has completed additional education and licensing requirements, allowing them to operate independently or manage a brokerage. David Rad is a licensed broker, which means he brings a higher level of training, accountability, and market expertise to every transaction at Rad Realty.

To get pre-approved, you will need to provide a lender with proof of income, employment verification, a credit check, and details about your debts and assets. Pre-approval typically takes 1 to 2 weeks and gives you a firm budget before you start shopping. Rad Realty connects clients with trusted mortgage professionals who can secure competitive rates for your situation.

A qualified home inspector will evaluate the roof, foundation, electrical and plumbing systems, HVAC, insulation, and structural integrity. Pay special attention to signs of water damage, mould, outdated wiring, and the age of major systems like the furnace and roof. David Rad recommends reputable inspectors and helps clients understand inspection reports so they can negotiate repairs or price adjustments when necessary.

Maximizing your sale price starts with accurate pricing based on comparable sales, professional staging and photography, and strategic marketing. Homes that are properly staged sell up to 5 percent more and 73 percent faster. Rad Realty offers a full-service approach that includes design consultation, staging coordination, and targeted digital marketing to attract the right buyers.

Rad Realty serves Toronto and the entire Greater Toronto Area, including North York, Scarborough, Etobicoke, Markham, Richmond Hill, Vaughan, Mississauga, and Oakville. Whether you are looking for a downtown condo, a suburban family home, or a commercial investment property, David Rad has the local expertise to help you find the right fit.