The Cost of a New Furnace in Ontario

The cost of a new furnace in Ontario

Table of Contents

Furnaces create comfortable temperatures indoors, enhance your health and lower energy bills. The warmth inside your apartment during cold winters prevents the occurrence of mold or mildew. Pipes outside don’t freeze or burst, which saves you money on running, repair or replacement.

If you want to discover more about the average cost of a furnace in Ontario, read the article below. The HVAC Service Solution team gathered all up-to-date information for you.

How do furnace prices vary by region?

The average cost of a furnace in Ontario is $4,000–$6,500 with installation included. These numbers may vary depending on the area you live in. The cheapest services will be in huge cities as there are more HVAC contractors and no additional distribution fees there.

Statistics show that if you live in an area that is 1h+ from the city, expect to pay 20%–40% more for furnace installation. If it’s 2h–3h+, add 50%-60% to the final price.

Metropolitan areas such as the Greater Toronto Area or Greater Vancouver Area will be cheaper than rural ones. If you want to receive the precise numbers for your case, schedule a free consultation from the HVAC Service Solution experts via the link below:

How do I pick the right furnace brand and model for my home?

The average furnace lifespan covers 10–15 years. To remain satisfied with your decision during these years, consider the following things before purchasing.

  • Fuel Type. Furnaces can run on gas, electricity, propane or solar energy. Learn which of them will be preferable to power the equipment in your house.
  • AFUE Rate. This number shows how much energy a furnace needs to produce enough heat. The most efficient are 95%+ AFUE.
  • Model Type. You can choose low or mid-range furnaces such as Goodman, Rheem, KeepRite, York, American Standard, Bryant, Amana, Trane or premium ones such as Lennox or Carrier.
  • Furnace Rebates. You can consult your local HVAC contractor regarding furnaces that are qualified for any utility or government energy incentives or rebates. They can save you more than $5,000.

If you want to save time and find a furnace that fits your budget, desires and home conditions, leave us your request via the link below.

Is there a rebate for a new furnace in Ontario?

It is possible to qualify for funding from the government or other utility companies such as Union Gas, BC Hydro, etc. There is also a Canada Greener Homes Grants program available that pays Canadians up to $5,000 for home renovations that increase energy efficiency. You can apply for them directly at the Natural Resources Canada’s website.

It is impossible to ask for rebates after furnace installation, so we recommend you check all the terms in advance. Depending on your case, the sum may vary from $100 to $6,000+.

If you want to know whether there is a rebate for a new furnace in Ontario, contact your local contractor. The HVAC Service Solutions team works 24/7 in 38 cities in Canada.

Our HVAC experts will help you choose the most efficient furnace that fits your desires and is qualified for rebates. We can also guide you during this process. To simplify receiving refunds, contact us via the link below.

Cost of a furnace in Ontario

The average furnace cost in Ontario, including installation, varies from $4,000–$6,500+. This sum may be lower or higher depending on the following factors.

  • Home Size. A bigger space will require a furnace with a higher BTU. Add 30 BTUs for every square foot of your apartment.
  • AFUE Rate. Furnaces with 95%+ AFUE are more energy-efficient, so they will be higher in price than equipment with a lower AFUE rate.
  • Living Area. People in rural regions tend to pay more for installation due to a small number of competitors, complicated supply chains, etc.
  • Fuel Source. The prices can vary from $3,000 to $7,500+ depending on whether it’s an oil, electric, propane or natural gas furnace.

Let’s review the cost of a new furnace in Ontario, depending on the parameters above in detail.

Furnace BTU
Average price, including installation
40,000 BTU
60,000 BTU
80,000 BTU
100,000 BTU

AFUE rate is one of the most crucial things to consider. The bigger the number is, the higher the installation price will be. However, it will save you money in the future on your energy bills. Let’s review the prices in the table below in detail.

Annual Fuel Utilization Efficiency
Furnace price, including installation
95% AFUE
96% AFUE
97% AFUE
more than 98% AFUE

Fuel source also determines the final price for installation. Oil and electricity are the cheapest among the others. Natural gas and propane are quite similar, but the latter can be pricier as it is usually installed in rural areas.

Fuel Source
Furnace price, including installation
Natural Gas

Furnace installation requires the precise measurements of your house, an examination of your home condition and needs. If you want to receive personalized calculations, leave us your request via the link below. We will consider all the details to find you the most appropriate furnace.

Final thoughts on the average cost of a furnace in Ontario

The average cost of a furnace in Ontario, including installation, varies from $4,000 to $6,500+. This price may be higher or lower depending on the fuel source, AFUE rate, area you live in and available furnace rebates. Our team recommends you choose furnaces with ENERGY Star certification since they are efficient and most likely qualified for rebates.

If you want to receive a detailed consultation to learn how much is a furnace in Ontario in your case, contact the HVAC Service Solution team via the link below.