Heating & cooling · GTA cost guide · Checked November 2026

Furnace replacement in the GTA

What a new gas furnace really costs here, what a complete quote includes, and when repairing makes more sense.

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What it costs in the GTA

JobTypical range
Gas furnace, mid-efficiency, installed$4,500–$7,000
High-efficiency furnace (96%+ AFUE), installed$5,500–$9,000
Furnace + central AC together$8,000–$15,000
City of Toronto permit (house)$214.79

Typical GTA ranges before HST. Bigger homes, new venting or moving the unit push the price up. Ranges where published GTA and Ontario sources overlap, checked November 2026. Not a quote.

Rebates, permits & rules

  • Gas work in Ontario must be done by a TSSA-certified gas technician. Ask for their certificate number.
  • A replacement furnace usually needs a permit. Get in writing who pulls it.
  • There's no Ontario rebate for a straight gas furnace swap. Heat pumps can qualify (see the heat pump guide).
  • In Ontario, a company can't sign you up for a furnace, air conditioner or water heater (buy, rent or lease) at your door unless you contacted them first. If someone shows up uninvited, you don't have to let them in.
  • Signed the contract at your home? Ontario gives you 10 days to cancel most contracts signed there, for any reason.

What a complete quote includes

If any of these aren't on your quote, ask. Missing doesn't mean it's wrong, but it should be in writing.

  • Brand, model and efficiency (AFUE)
  • BTU size, and how they worked it out (a load calculation, not just matching the old unit)
  • Permit, and who pulls it
  • Removal and disposal of the old furnace
  • Venting and flue work
  • Gas line connection and condensate drain
  • Thermostat
  • Parts warranty and labour warranty, in years
  • Manufacturer registration (some warranties shrink if it isn't registered)
  • Start-up and carbon monoxide safety test
Watch out for
  • A rental or financing contract tucked into a 'replacement' quote
  • Pressure to sign today to keep the price
  • No model number, just 'high-efficiency furnace'
  • Large deposit before the equipment is ordered
Repair or replace?
  • Most furnaces last about 15–20 years. Past that, a big repair is often money into an old unit.
  • A cracked heat exchanger is a safety issue. Get a second opinion, then replace.
  • If a repair is under about a third of the replacement price and the furnace is under 12 years old, repair is usually the better call.
  • Replacing your AC in the next few years too? Pricing both together, or a heat pump, can be cheaper overall.

5 questions to ask before you sign

  1. Did you do a heat-loss calculation to size this furnace?
  2. Who pulls the permit, and is it in the price?
  3. What's the labour warranty, and who honours it if your company closes?
  4. Is this a purchase, or a rental or financing agreement?
  5. Will you register the manufacturer warranty for me?
Ask AI first

Paste your quote into ChatGPT, Claude or Gemini with this prompt:

I'm a homeowner in [city], Ontario. Here is my furnace quote: [paste]. List what it includes and leaves out (permit, old unit removal, venting, thermostat, warranties), flag anything vague, and give me 5 questions to ask before I sign. Don't guess a fair price.

Or skip the copy-paste: our free Quote Checker already knows what a furnace quote should include, and compares the price with real GTA ranges.

Common questions

How much does a new furnace cost in Toronto?

Most gas furnace replacements in the GTA land around $4,000–$7,000 before HST. High-efficiency models and complicated venting can push it to $9,000.

Is there a rebate for a new gas furnace in Ontario?

Not for a straight gas furnace swap in 2026. Heat pumps can qualify through Home Renovation Savings, which is scheduled to end November 30, 2026.

Should I rent or buy a furnace?

Buying usually costs less over the life of the furnace. Rental contracts can run 10–15 years with buyout fees. Read the contract's total cost and buyout terms before you sign.

Sources

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