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How much does a furnace cost
Posted On: May 24, 2022
Winter may be over, but it's never too early to start thinking about replacing that old, outdated furnace. It is the best time to replace your furnace now that the warmer weather is here. A new furnace will be reliable when the weather turns cold, but it will also save you money on energy costs as new furnaces are more energy-efficient, especially when paired with a smart thermostat.
A new furnace in Ontario can vary between $3,500 to $4,000, with some prices even going as high as $8,000. These prices are determined by a few factors such as.
Depending on which brand you go with and the energy efficiency, the costs will be affected. In Ontario, a new furnace must have a minimum energy efficiency rating of 92%. If you want to go even higher than that, you will expect to pay an extra $500 to $1000 more.
At Twintech, these are the brands of furnaces we carry and the prices.
Armana: $3,500 to $6,000
Keeprite: $3,300 to $5,500
Goodman: $3,000 to $6,000
Armstrong: $3,000 to $5,500
However, we offer financing services starting at just $36.33 a month. So if the thought of having to replace your furnace is stressful, we can help you find ways to keep your house warm in the colder months.
The size of the furnace also accounts for the cost. Larger furnaces are more expensive than smaller ones. And bigger doesn't always mean better. You must be getting the right size for your home. So you avoid paying for a furnace that doesn't work for your home.
Another cost factor is installation, and these costs can vary depending on the labor, helper rates, and any other additional fees needed. It's always best to do your research on companies before making your final decision. And have your furnace and ductwork inspected before setting up a date to have your new furnace installed to avoid any surprises.
So, when you are ready to say goodbye to your old furnace, contact Twintech. We can set up an appointment to come to your home and find the size of furnace you need and if we need to do any upgrades for your new furnace to work.
Once we have finished our inspection, we will give you a quote, and from there, we can work on a financial plan to help you cover all the costs.
For more information on furnaces and our services, visit our website or call us at (844)894-6832. We will answer any questions you may have. Contact Twintech Heating and Cooling Today.
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See What Our Customers Are Saying:
Aug 8, 2025
We are very happy to recommend this company to everyone. Our furnace broke down on Sunday morning. We phoned them and before noon Grant the owner showed up. He worked on the furnace for about a hour not wanting to give up to fix the problem. The furnace was 17 years old. I was the one talking about replacing it. End result was the next day it was all done. On the Sunday Bob came over with heaters to warm up the house. We decided to replace the water heater at the same time. Thanks Grant for the excellent work. Thumbs up.
Aug 8, 2025
Right on time. Explained how to work the HRV in a different way so the house would not be so dry. Changed my whole house water filter for me as well. Friendly, helpful, caring service!
Feb 18, 2025
Very pleased with the professional service that TwinTech Heating and Cooling provided in replacing my furnace. I got several quotes from different service providers. Their price was excellent and they explained the features very well. We are very glad we went with TwinTech and highly recommend their services.
Feb 18, 2025
We were new homeowners in need of a second opinion. TwinTech Heating & Cooling were Amazing and professional. Very knowledgeable and great service all around. Recommend to anyone looking for honest and reliable services. Treated with respect and care. Thank you Greg, Mitch and Bob!
Feb 18, 2025
TwinTech is an excellent and honest company! I called them for a second opinion after being told by another company that I needed to replace my furnace. Turns out this was not the case at all! I did not need a new furnace. TwinTech did not push to make an unnecessary sale and saved me from a huge expense. Bob and Mitch were extremely professional and above all honest! I definitely recommend TwinTech!
Feb 18, 2025
Amazing experience with TwinTech Heating & Cooling! Their team was professional, knowledgeable, and efficient from start to finish. They installed my new furnace quickly and left everything spotless. The technicians took the time to explain everything and made sure I was comfortable with the system before they left. Great customer service and fair pricing. I highly recommend them for anyone needing HVAC services!
Feb 18, 2025
Great experience all around. Bob was sharp and easy to talk to, and Greg handled the installation perfectly. Would hire them again in a heartbeat.
Aug 17, 2024
I returned from vacation to find my AC unit on the Fritz. After calling way too many places I connected with TwinTech. Ive used the company in the past for my furnace so I was happy when I recognized Greg at my front door. Hes great and the service is always top notch. Id highly recommend using twintech for honest, superior service in the Durham region. Thanks!
Aug 13, 2024
I called Twin Tech when my air conditioning stopped working. Greg came over to diagnose the issue - the same day. He was able to diagnose the issue and resolve it quite quickly. Although it was a quick fix, Greg was very thorough in explaining the issue and provided great advice. Not to mention, I felt very comfortable having Greg in my home - which I consider very important when hiring a service provider. Twin Tech will be my go-to from now on. Thank you!!
Aug 12, 2024
Just hired TwinTech Heating & Cooling to do an A/C Unit removal & reinstall to allow for landscaping access on the side of my house, and they were wonderful!
Bob, Greg & Mitch make a great team! Quick appointment times, super knowledgeable, expert troubleshooting capabilities & very customer service oriented.
I would highly recommend them for all of your HVAC needs! Great job guys!!
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