Looking To Buy A New Furnace in Toronto?
The cost for a new furnace does not have to be high!
We’ve Got The Best Furnace Prices in the Greater Toronto Area!
The hot summer should never make you forget how chilly Toronto gets during winter. Perhaps you are wondering, what is the cost of a new furnace? Below is a comprehensive breakdown of high-efficiency gas furnace pricing in Toronto. We look at the cost of acquiring a new forced-air furnace as well as the cost of replacing an old heating system.
Air Makers Offer More Than Just Appealing Furnace Prices
Do you need a new furnace installed? Air Makers can help. Our HVAC contractor in Toronto installs furnaces of all makes and models in Toronto for both residential and commercial homes.
- We have won many awards in the furnace installation and repair industry in Toronto
- We have a proven track record in customer satisfaction
- Over 40+ years of experience in furnace installation
- Our experts handle all furnace makes and models. They will advise you on the best furnace for your premises.
- 24/7 availability whenever you need our services
- No hidden fees, upfront pricing and a flat rate where everything is included.
How much does it cost to buy a new furnace? The average furnace price in Toronto ranges between $3500 and $5500, inclusive of installation fees. Air Makers provide the most affordable furnace installation rates in Toronto since we understand that homeowners do not always plan for a furnace replacement.
OUR STORY
Pay Less For a New Furnace in Toronto
The average home requires a new furnace installation every twenty years. You may need a furnace installation if your furnace suddenly stops working, or you need to upgrade to a more efficient furnace. How much is a new furnace? The typical price range for a high-efficiency furnace from a licensed HVAC contractor is $3500-$5500. The exact pricing will vary depending on brand or model, installation factors, BTU output and efficiency, and unit size, among others. You may incur a cost that is slightly above the average price range if you invest in a premium brand, a top-of-the-line unit or a complicated installation.
You should be cautious if a new furnace cost Ontario is exceptionally low. Suppose the prices are much lower than the average market prices. In that case, the chances are that you will have a hastily done installation, used or low-end components, and limited ongoing support & labour warranty coverage. Very low prices could also mean that you are working with a less established HVAC contractor or a contractor lacking in licensing & certification and/or insurance.
Picking the Right Furnace Brand and Model For Your Home with New Furnace Cost in Canada
Carrier, Lennox and Goodman
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Carrier is a leading brand among the premium furnace brands in Canada. Carrier furnace prices Canada range between $3,500 and $7,500 with a 10-year warranty on parts.
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Lennox electric furnace prices Canada range between $3000 and $7500. This cost includes material of installation, labour, registration, and removal of the old unit.
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Goodman is a solidly built furnace unit with a long-standing reputation. Goodman furnace prices Canada range between $2,500 and $ 4,500 after installation.
Model | Efficiency | Stages | Blower Motor | Cool Cash |
SIZE (BTU/hr) x 1000
60
80
100
120
|
---|---|---|---|---|---|
59MN7B Infinity™ 98 |
97-98% | fully modulating | ECM (DC): true variable speed |
+ $250 Carrier rebate* |
$$$$$**
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59TN6B Infinity™ 96 |
96-97% | two stage | ECM (DC): true variable speed |
+ $175 Carrier rebate* |
$$$$**
|
59TP6B Performance™ 96 |
96-97% | two stage | ECM (DC): true variable speed |
+ $75 Carrier rebate* |
$$$**
|
59SC5B Comfort™ 96 |
95-96% | single stage | constant speed (AC) PCS |
n/a |
$**
|
You receive up to a 10-year labour warranty and a 10-year parts factory warranty when you install a Carrier furnace in Toronto with Airmakers. Enjoy a lifetime parts warranty on all the primary and secondary heat exchangers. Ensure that you register the furnace’s serial number within 60 days of your furnace installation date to activate your warranty. If you’ve purchased a Carrier furnace alongside a Carrier A/C or any other Carrier products, ensure that you ask us about the Carrier Cool Cash rebate during the installation process. Under certain circumstances, you can enjoy many cost savings under the rebate program. Please note that this is a guide to help you compare costs for different Carrier furnace models.
Model | Efficiency | Stages | Blower Motor |
SIZE (BTU/hr) x 1000
45
70
90
110
135
|
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ML196 | 96% | single stage | constant speed (AC) |
$
$
$
$
$
|
ML296 | 96% | two stage | variable speed (DC) |
$$
$$
$$
$$
$$
|
EL296XE | 96% | two stage | multi-speed (DC) |
$$$
$$$
$$$
$$$
$$$
|
EL296XV | 96% | two stage | variable speed (DC) |
$$$$
$$$$
$$$$
$$$$
$$$$
|
SLP98 | 98% | modulating | variable speed (DC) |
$$$$$
$$$$$
$$$$$
$$$$$
$$$$$
|
Model | Efficiency | Stages | Blower Motor |
SIZE (BTU/hr) x 1000
40
60
80
100
120
|
---|---|---|---|---|
GMES | 96% | single stage | constant speed (AC) |
$2,810
$2,870
$2,980
$3,310
$3,530
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GMEC96 | 96.0% | two stage | ECM (DC) |
$2,980
$3,090
$3,310
$3,640
$3,750
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GMVC96 | 96.0% | two stage | ECM (DC) |
$3,310
$3,420
$3,640
$4,030
$4,250
|
GMVM97 | 97.0% | modulating | ECM (DC) |
n/a
$3,700
$4,030
$4,410
$4,630
|
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You should not just focus on the cost of a furnace in Toronto; you should also ensure that the furnace has a good parts warranty. A warranty means that the manufacturer has tested the furnace model and is confident in its quality to offer a guarantee. A good furnace should have a parts warranty of 10 years. At times, you have to register for warranties after purchasing a furnace. A warranty gives you peace of mind; you will be eligible for a free repair or replacement if the furnace malfunctions within the warranty period.
In addition to considering Toronto furnace pricing, you should also consider the efficiency rating when choosing the right furnace to buy. Efficiency rating matters because a good AFUE rating of 90+ will have less impact on the environment and save you money over time. Ensure that you also consider a furnace’s ENERGY STAR ratings. These ratings indicate that the furnace unit has undergone comprehensive testing overseen by Natural Resources Canada and proven to be efficient.
It is important to think long-term, not just short-term when considering the upfront cost of a furnace. You might feel tempted to go for a cheaper furnace with an AFUE rating of 90%. A rating of 90% means for every dollar, 90 cents will go towards heating your home. However, it would be more economical to invest in a unit with an AFUE rating of 95%, even if the unit may cost more. An AFUE rating of 95% means that you will save 5 cents on every dollar!
It’s important to focus on a furnace’s features in addition to the new furnace price. In recent years, the conventional thermostat control has been making way for advanced, communication, and technology-driven control panels. This section gives you more insight into more than just what is the cost of a new furnace. Instead, we focus on these smart and connected controls’ features.
For many years, thermostats (traditional controls) have been the primary control of furnaces. Thermostats allow property owners to schedule when and how the furnace runs and to programme the desired temperature. As a result, thermostats are a basic and crucial part of any heating system.
Smart or Connected Controls – many modern furnaces (both premium and mid-tier) are complete with controls that feature additional technology that helps keep homeowners comfortable. Some of the primary features of a smart or connected control panel are:
- The furnace allows you to set different schedules and temperatures depending on the season, day of the year, or time of day.
- You can access home energy usage data and use this data to make your future heating decisions.
- The smart control panel can send data back to the furnace manufacturer’s control centre. This data enables technicians or manufacturers to diagnose any problems with your system.
- You can access and control the furnace using any smart device like a smartphone or tablet.
- When certain components like air filters, UV light filters, and humidifier filters need changing, the smart control panel displays automatic reminders.
Examples of smart or connected technology on various brands include:
- Lennox: iComfort® S30
- Carrier: Infinity Control
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Best Furnace Toronto Prices
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Same-Day Emergency Installation
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Award-Winning Carrier Dealer in 2020
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Award-winning Premier Lennox Dealer in 2014
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Award-winning Premier Lennox Dealer in 2015
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Award-winning Premier Lennox Dealer in 2016
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Award-winning Premier Lennox Dealer in 2017
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Award-winning Premier Lennox Dealer in 2018
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Award-winning Premier Lennox Dealer in 2019
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Award-winning Premier Lennox Dealer in 2020
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4.5 Google Rating
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ESA Certificates on A/C installs (ESA ACP program)
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How much is a furnace in Toronto without installation?
The average cost of a furnace without installation ranges between $1,200 and $3,000. The exact price will depend on several factors like the model, brand, and efficiency. However, it is important to note that furnace manufacturers and distributors do not directly sell furnaces to consumers. Instead, they supply the furnaces to local contractors who are also certified installation and servicing experts. Consumers can then purchase the furnaces from the local contractors.
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How much do a new furnace and air conditioner cost?
If you purchase a furnace and an air conditioner together, you could access attractive discounts. Thus, it would be more economical to buy the two units together instead of one at a time. A furnace and an air conditioning unit range between $5,000 and $ 10,000. This price is inclusive of the installation costs. The price will vary depending on several factors like the model, brand, and other considerations.
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How much is a furnace warranty?
When you purchase a new furnace, the furnace often comes with warranty coverage. However, consumers can still purchase an extended furnace warranty for several hundred dollars. There are several types of warranties. The furnace manufacturer provides a parts warranty while the local contractor offers a labour warranty from whom the consumer purchases the furnace and who also does the furnace installation. Usually, local contractors provide a one-year labour warranty, usually included with the purchase. If the furnace malfunctions within the first year, you will enjoy free repair and servicing.
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How much does a furnace humidifier cost?
A humidifier is usually attached to the furnace, usually on the furnace’s cold air return duct. The cost of a humidifier ranges between $300 and $600. Most homeowners install a humidifier at the same time as when they are replacing their furnace with a new one.
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How much does a furnace cost to operate per month?
The average monthly cost of operating a furnace ranges between $50 and $150 for many homeowners. The annual cost of operating furnace aggregates to $800-$1,500. This cost mainly consists of fuel costs like propane or natural gas. The cost often increases during the winter months when outdoor temperatures are low and decreases during the summer months when it is hot. Certain utility companies provide property owners with equalized billing to enable them to have a more predictable monthly and yearly budgeting. The operating costs will vary depending on other factors like where you stay, the local climate, the size of your home, and its insulation level, among other factors.
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How much does a furnace quote cost?
Most HVAC contractors in Toronto will be willing to provide you with a free estimate. Furnace quotes often involve an in-home consultation where the contractor comes to your home. However, the final price will depend on the various installation requirements unique for every home. Many HVAC companies will offer a general consultation on the phone. At Airmakers, we give free furnace quotes to our clients. You can visit our website to access and compare free quotes from certified local HVAC contractors in Toronto.
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How much does furnace ductwork cost?
Installation of new ductwork in your home is a costly and complicated job. New ductwork installation requires extensive work, usually costing thousands of dollars. The installation expert will first have to tear down the walls and ceiling to pave the way for ductwork installation. Since most homes in Canada rely on forced-air heating, they already have the ductwork installed in their walls. Therefore, when you purchase a home, the chances are that you won’t have to install the ductwork.
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