Toronto Furnace Replacement Experts

Greater Toronto Furnace Replacement Experts

Is your furnace struggling to keep up with Toronto’s unpredictable weather? At For Saving HVAC, we specialize in professional furnace replacement and installation across the Greater Toronto Area. Whether you’re in need of an emergency upgrade or a high-efficiency system, our team ensures quick installs, reliable service, and affordable comfort—financing starts at just $39/month.

Average Furnace Replacement Costs in Toronto

For most homes in the GTA, furnace replacement costs range between $4,000 and $8,000, depending on the system type, installation complexity, and features included.

Furnace Cost Comparison Table

Furnace Type	Starting Cost	Avg. Lifespan	Efficiency Rating
Standard Gas Furnace	$4,000	15–20 years	~80% AFUE
High-Efficiency Furnace	$5,500	20+ years	95%+ AFUE
Electric Furnace	$4,500	20 years	~95%

*AFUE = Annual Fuel Utilization Efficiency

This table gives a quick snapshot of what to expect when budgeting for a furnace upgrade.

What Affects the Cost of Furnace Replacement in the GTA?

Furnace Type

Gas furnaces are the most common in Toronto due to natural gas availability. Electric units are a good alternative when gas isn’t available. High-efficiency gas furnaces offer superior long-term savings.

Home Size & Furnace Capacity

The bigger the space, the more heating output (BTU) required. A larger home will need a larger unit, impacting cost.

Installation Complexity

Tight spaces, older homes, and retrofitting can all increase labor time and cost. Homes with older ductwork or ventilation systems may require additional work.

Permit and Disposal Fees

Local codes may require permits, especially for gas line modifications. Responsible disposal of your old unit may also add minor fees.

When to Repair vs. Replace Your Furnace

If your furnace is over 12 years old and requires regular repairs, it may be time to replace. One useful formula is the $5,000 rule: Multiply the repair cost by the furnace’s age—if the total exceeds $5,000, replacement likely makes more sense.

New furnaces also dramatically improve efficiency. A 95% AFUE model can save you 20–30% on heating bills compared to older 70% AFUE units.

Real Customer Example: Markham Family Upgrade

A Markham homeowner contacted For Saving Home Services Inc. after their 18-year-old furnace failed. We installed a Lennox high-efficiency model within 24 hours.

Monthly Financing: $45/month
Rebate Secured: $1,000 from Home Renovation Savings Program
Energy Savings: 30% drop in monthly heating costs

Fast, efficient, and cost-effective—this is what homeowners across the GTA can expect from For Saving.

Furnace Financing in Greater Toronto – From $39/Month

You don’t have to pay everything upfront. We offer furnace financing starting at $39/month across Toronto, Markham, and Mississauga.

Our Financing Plans Include:

Flexible monthly payment terms (up to 10 years)
0% and low-interest options
Equipment + installation + labor + warranty
Qualification assistance for rebates

We’ll walk you through approval in minutes and handle everything in-house.

Why Upgrade to a New Furnace?

Lower Utility BillsModern units consume less gas while delivering more consistent heating.

Comfort & Air QualityHigh-efficiency furnaces offer multi-stage heating, improved airflow, and quieter operation.

Smart Thermostat CompatibilityControl heating from your phone and save more by automating your usage.

Rebates & Energy Savings Opportunities

Most ENERGY STAR furnaces installed in Ontario qualify for rebates from the Home Renovation Savings Program.

Rebates from $500–$1,200
Eligibility based on system specs and installation quality
For Saving helps you apply and guarantees compliance

We manage the paperwork and follow-up so you don’t miss out.

Why Choose For Saving Home Services Inc.

Local, Trusted, Certified: 3 Locations in Toronto, Markham & Mississauga
Costco Authorized Dealer: Only a select few HVAC firms in the GTA hold this title
Hundreds of 5-Star Reviews: 4.8-star average rating
Transparent Pricing: No hidden fees, full written estimates
TSSA-Certified Technicians: Fully licensed and insured

We’ve been keeping homes comfortable for over 15 years—and we’d love to help yours next.

What to Expect During Installation

Most installations take one day. Our team will:

Remove and dispose of your old furnace
Install your new system with proper venting and safety checks
Set up and test the thermostat
Walk you through the new features
Clean up the site and follow up for satisfaction

No stress. Just warmth.

Tips to Save on Furnace Replacement in the GTA

Install in spring or early fall for best deals
Combine with A/C replacement for bundle savings
Enroll in our maintenance plan to extend lifespan
Ask about available rebates and loyalty discounts

Frequently Asked Questions

Can I replace just my furnace without changing my AC?

Yes, in most cases. We’ll ensure both systems are compatible.

Do you service all of GTA?

Absolutely—we cover Toronto, Markham, Mississauga, Vaughan, Richmond Hill, and more.

How fast can you install a new furnace?

Same-day service is available. Most installs complete within one business day.

What’s included in your quotes?

Our furnace quotes include unit, installation, venting, warranty, and disposal.

Do you help with rebate submissions?

Yes. We handle the full rebate process on your behalf.

Conclusion

Replacing a furnace in Toronto isn’t just about price—it’s about value, comfort, and peace of mind. With financing starting at $39/month, high-efficiency models, and one of the GTA’s most trusted HVAC teams, For Saving Home Services Inc. is ready to help you stay warm, efficiently.

Book your FREE quote with For Saving HVAC today. Serving homeowners in Toronto, Markham, and Mississauga.