OntarioIP Home ComfortHeating & Cooling

Costs5 min read

What a new furnace costs in the GTA — and what actually drives the price

Online price ranges are all over the map for a reason: the cost depends on your home, not just the unit. Here's what actually moves the number.

By Ontario IP Home Comfort · June 8, 2026

"How much does a new furnace cost?" is the most-asked HVAC question, and the honest answer is: it depends on your home, not just the furnace. Two houses on the same street can land at very different numbers. Rather than quote a guess online, here's a clear breakdown of what actually drives the price — so the written quote you get makes sense.

The factors that move the price

  • Sizing: a furnace has to match your home's heat load. Too small and it can't keep up; too big and it short-cycles and wears out faster. Proper sizing is part of the quote, not an afterthought.
  • Efficiency level: higher-efficiency furnaces cost more up front and less to run. The right choice depends on how long you'll stay and your heating bills.
  • Your existing setup: ductwork condition, the venting, the gas line, and how accessible the unit is all affect labour.
  • Single- vs. two-stage or modulating: more comfort-focused furnaces cost more but run more evenly and quietly.
  • Add-ons and code: a new thermostat, a chimney liner if venting changes, or bringing older work up to code can factor in.

Why we quote in writing — for free

Because the price genuinely depends on what's in your basement, we don't post guesswork numbers. We come out, size the system properly, look at your venting and ductwork, and give you a written, all-in price before any work starts. The estimate is free and there's no obligation.

If the number is more than you want to pay up front, ask us about payment options — we'll tell you what's currently available so you can still get the system you need before the next cold snap.

Want a straight answer for your home?

We give you a written price before any work starts — the estimate is free and there's no obligation.

Heating and cooling, handled properly.

24/7 across Etobicoke and the GTA. Call now or request a quote.

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