How Much Should a Furnace Cost in Toronto?

September 24, 2016

It’s never fun thinking about having to replace your furnace. But alas, it’s part of life, and Toronto homeownership, and so is investing in a new furnace. So when that dreaded day comes, where do you start?

The cost of a new furnace will adjust depending on multiple factors, such as the lifestyle and habits of residents in the home. Health ailments may also result in air filtration systems, which also helps you decide which furnace is right 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 have to include a whole-home humidifier in your heating and air conditioning system.

The next thing to take a look at is the home itself. How many windows are there and which direction do they face? What level of insulation is currently in the home and how efficient is it at trapping air inside? How well installed the ductwork is, the preferred power (gas, solar, etc.), and even home blueprint can help determine which furnace is ideal for you.

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 review your options with you and provide you a complimentary estimate on a new furnace installation based on your home’s construction and unique features.

Another factor that will affect the price of your furnace is which contractor you select to install your system. One business may have the system you want at a lower cost, but proceed with caution and confirm that they are licensed, bonded, and insured in the event something should occur 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 factors go into influencing how much a new heating and air conditioning system will cost, but let’s get down to what you really want to know. Below are a few estimates on how much you can expect to pay depending on the sort of home you live in.

Ranch or Smaller House

Less than 2000 square feet and typically one story

Average cost of an HVAC 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 may change depending on regional climate, personal routines, equipment settings, equipment maintenance, and installation of equipment and duct system.

Replacing your furnace can sound like a huge undertaking, but Service Experts Commercial HVAC is here to help guide you through the process, go over 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 to give you peace of mind.

Though the investment cost can be nerve-wracking, we have great financing options to help you get your new furnace installed as soon as possible. Call 905-453-6700 today to set up your complimentary in-home estimate.

Contact Us