How Much Should a Furnace Cost in Toronto?

September 24, 2016

Nobody looks forward to the day that they have to replace their furnace. But alas, it’s part of life, and Toronto homeownership, and so is investing in a new furnace. So when that scary day arrives, where do you start?

The price of a new furnace will adjust depending on multiple factors, such as the lifestyle and behaviors of people in the home. Health issues may also result in air filtration systems, which also helps you decide which furnace is best for you. Even interests can help determine which furnace is right for your family. Does someone collect art or is anyone a wine connoisseur? Humidity levels can alter the integrity of these things so you may consider investing in a whole-home humidifier in your heating and air conditioning system.

Another thing to take into consideration is your actual home. What is the window count in the home and which direction do the windows face? What type of insulation is currently in the home and how effective is it at trapping air indoors? How efficient the ductwork is, the chosen power (gas, solar, etc.), and even home blueprint can affect which furnace is ideal for your home.

Service Experts Commercial HVAC will set-up a no-charge consultation where they will go out to your home and evaluate your current set-up. They will go over your options with you and give you a free estimate on a new furnace installation determined by your home’s structure and unique features.

Something else that will affect the price of your furnace is which contractor you select to perform the installation. One business may have the system you want at a lower cost, but be careful and confirm that they are licensed, bonded, and insured just in case something should happen while they’re on your site. If a contractor who was not insured was injured on your property, you can actually be held liable.

All of these pieces go into determining how much a new heating and cooling system will cost, but let’s get down to the nitty gritty. We’ve provided a few estimates on what you can expect to pay based on the sort of home you live in.

Ranch or Smaller House

Less than 2000 square feet and usually one story

Average cost of a heating and cooling system: $6,000 - $15,000

With approved financing: $40 - $250 per month

Average Suburban Home

No more than 3500 square feet and typically 1-3 stories

Average cost of a heating and air conditioning system: $8,000 - $25,000

Including approved financing: $100 - $500 per month

Luxury Home

Larger than 3500 square feet and various stories

Average cost of a heating and coolingsystem: $18,000 - $60,000+

If using approved financing: $250+ per month

Estimated pricing can change depending on regional climate, personal routines, equipment settings, system maintenance, and installation of equipment and duct system.

Investing in a new furnace can sound like a huge undertaking, but Service Experts Commercial HVAC is here to help walk you through the process, review your options, and choose the ideal HVAC system for your home. The team at Service Experts Commercial HVAC is not only licensed, bonded, and insured, our entire team goes through a complete background check and drug test to make sure we’re sending honorable and trustworthy people into your home. We also supply a 100% Satisfaction Guarantee for 365 days so you can feel confident in the work we provide.

Though the investment cost can be nerve-wracking, we have wonderful financing options to help you get your new furnace installed as soon as possible. Call 289-201-2346 today to set up your free in-home estimate.

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