Furnace Repair

When your furnace conks out in the middle of winter, that’s stressful. As a Toronto resident, replacing your furnace can be one of the biggest and most important investments you’ll make for your home.

Even if you don’t have an emergency on your hands, it’s a good idea to know what you can expect to pay for repairs and potential replacements.

How much should you expect to spend on a new furnace in Toronto? In this guide, we’ll cover average repair costs, the costs of replacing a natural gas furnace, factors that influence those costs, and when it’s time to consider a replacement rather than repairing your furnace.

Ready to take the next step towards repairing or replacing your furnace? Contact Husky Heating & Air Conditioning for a customized quote.

Table Of Contents

What Are the Average Furnace Repair Costs in Toronto?

The cost of getting your furnace back up and running in Ontario depends on the problem and the service provider.

Minor repairs, such as replacing the thermostat or fixing an electrical issue, will average $150 to $400.

Something more involved like replacing a flame sensor or a blower motor will average $400 to $800.

A major repair, like replacing a heat exchanger or control board can cost $1,500 or more.

Updated Furnace Replacement Costs in Toronto

Performance™ 96 Gas Furnace 59SP6

Furnace installation in Toronto can cost between $4,000 and $8,000. This furnace prices vary due to the heating unit itself as well as installation and labour costs.

There are a few factors that will impact your final furnace costs, including the type of furnace you choose to go with and how large your home is. We’ll discuss those shortly.

Also, if you live in Toronto, prices for distribution and HVAC services can actually be less than in other parts of Ontario. The further you are from a large city, the more you will pay with less competition and more complicated supply chains.

When you make a decision on a new furnace, it’s important to think beyond the upfront costs. A quality, energy-efficient furnace will save you money on energy bills, last you for years to come, and be reliable during Ontario’s freezing winters.

Factors That Influence Furnace Replacement Costs

A few key factors will influence the costs of a new furnace. Understanding these will help you budget and choose the right one for your home.

1. Furnace Type

  • Gas Furnaces: Gas furnaces are the most common in Ontario. They cost more to install, but with the lower price of natural gas, they can save you money in the long run.
  • Electric Furnaces: Electric furnaces work best for smaller homes or areas that don’t have access to natural gas. While cheaper to buy, they cost more to run with higher electricity costs each month.
  • Oil Furnaces: Oil furnaces are less common, but you can still find them in older Ontario homes. They’re more expensive to maintain and less energy-efficient.
  • High-Efficiency Furnaces: High-efficiency furnaces that meet ENERGY STAR® standards cost more to buy and install but save considerable money over time on utility bills.

2. Home Size and Heating Requirements

Larger homes need higher-capacity furnaces with higher BTU ratings to keep them warm. The higher the BTU rating, the more they will cost.

3. Installation Complexity

Replacing an older furnace in a mature home might need venting installations, gas line installs, electrical upgrades, and other work that can increase the cost of a furnace install.

4. Additional Furnace Installation Costs

  • Permits: Depending on your municipality, permits may be required for installation, especially if you need a gas line installed or extended.
  • Ductwork: Repairing or upgrading your duct system will add to the overall cost.
  • Old Furnace Removal: Disposing of your old furnace can cost a small additional fee.

Factors That Impact Furnace Repair Costs

There are a few factors that will have an impact on your overall costs:

  1. Type of Furnace You Have – Gas furnaces are more expensive to repair than electric ones, and oil furnaces repairs can need more expensive specialized parts.
  2. Type of Repair Needed – Simple fixes will cost a lot less than more serious repairs.
  3. Age of the Furnace – Older furnaces can need parts that are discontinued or harder to find, making them more expensive.
  4. Emergency Service Fees – If your furnace breaks down on a cold winter night, after-hours or emergency repair services can cost $150 – $300 more than standard rates.
  5. Labour Costs – Rates vary by company and region, with service calls generally costing between $80 – $150 per hour.

When Should You Consider Repairing vs. Replacing a Furnace?

Repairing an older furnace is usually the first option for homeowners, but there are times when investing in a new furnace makes more sense. 

If your unit is over 15 years old, the breakdowns and repairs are probably going to keep happening. If you’re calling for service multiple times a year, replacing your furnace could save you money in the long run.

A common rule of thumb is that if the cost of repairs exceeds 50 percent of the price of a new furnace, a new furnace is the smarter choice. 

A newer furnace will also be more energy-efficient, lowering your monthly heating bills and heating your home better. 

Tips for Reducing Furnace Repair Costs

You can be proactive by scheduling annual furnace maintenance. Keeping your furnace well-maintained and serviced can extend its lifespan and catch smaller issues before they turn into major repair jobs.

Here are a few strategies to keep repair costs down over time:

  1. Schedule Regular Maintenance.
  2. Choose a Reputable HVAC Provider – Work with certified, experienced HVAC technicians to make sure you’re getting quality parts and repairs as well as transparent pricing.
  3. Check for Warranties or Protection Plans – Some furnace manufacturers and HVAC companies provide extended warranties or maintenance plans to help cover repair costs.
  4. Change Your Filters Regularly – A clogged air filter puts extra strain on your furnace and can cause it to overheat and fail.
  5. Act Quickly – Taking care of smaller issues early can prevent an expensive breakdown in winter when you need your furnace most.

Benefits of Upgrading to a New Furnace

1. Reliability & Comfort

Replacing your furnace is a big investment in your home’s comfort and value. It’s also an investment in your peace of mind and your family’s quality of life. A new furnace gives you more stability and reliability, especially during extreme cold snaps.

Newer models are better at keeping the same temperature throughout your home. No more cold spots. Modern furnaces also often include advanced air filtration systems that remove allergens, dust, and pollutants from your home’s air.

Lower Heating And Cooling Costs

On top of that, high-efficiency models use a lot less energy than older furnaces. Not sure how to tell? Annual Fuel Utilization Efficiency (AFUE) ratings help determine if a furnace has good energy efficiency. The higher the percentage, the more efficient it is.

Upgrading to an ENERGY STAR®-rated furnace from an older furnace can reduce your energy use by up to 38%, saving you about $300 a year. Over time, these lower heating costs will help offset the cost of your new furnace install.

New, more efficient furnaces will also lower your environmental impact—high-efficiency furnaces emit fewer greenhouse gases, making them a more sustainable choice.

Tips for Managing Furnace Replacement Costs

A new furnace is a big investment, but there are ways to make it more affordable.

Take Advantage of Rebates and Incentives

Ontario and the Government of Canada sometimes offer grants and loan incentives to upgrade your home to be more energy efficient, such as the Home Efficiency Rebate Plus (HER+) program and the Government of Canada’s Greener Homes Grant and Greener Homes Loan programs.

Shop Around

Get quotes from a few different HVAC providers. Make sure you’re getting the best value, transparent pricing, and a detailed breakdown of costs.

Consider Financing Options

Many HVAC companies, including Husky Heating & Air Conditioning, offer flexible financing plans. Smaller monthly payments can make your investment easier to manage.

Trust Husky Heating & Air Conditioning for Furnace Repairs & Installation in Toronto

When it comes to furnace replacement in Toronto, Husky Heating & Air Conditioning stands out as a trusted local expert. With decades of experience serving the Greater Toronto Area, we understand the unique heating needs of Ontario homes and Toronto neighbourhoods. Our certified technicians make sure every furnace is installed to the highest standards giving you top performance.

We believe in transparent pricing, providing clear, upfront costs with no hidden fees—just honest, reliable service you can count on. 

We offer a range of high-efficiency furnaces that meet ENERGY STAR® standards. We’re authorized Lennox and Carrier furnace dealers, two of the most trusted names in heating. We also provide Costco HVAC products through our trusted Costco partnership.

And, we offer free quotes and flexible financing options to make the process easier. 

Let Husky Heating & Air Conditioning be your guide through the process of replacing your furnace. Contact us today to request your free quote and find out why we’re Toronto’s trusted name in furnace maintenance, install and repair.

Get an online personalized quote or call us at 905-761-9485.

If your furnace is broken down, call us now!