What is The Reasonable Cost of Installing an HVAC system in your Toronto Home

22 Apr. 20

What is The Reasonable Cost of Installing an HVAC system in your Toronto Home?

The cost of installing an HVAC system is one that most Toronto homeowners should know about. For starters, a working HVAC system is important given the harsh nature of the climate in Canada. The winters can be freezing and the summer months extremely hot. As a result, a working HVAC system is more of a necessity as opposed to a luxury feature.

The many benefits of an HVAC system make the cost of installing one in your home well worth it. A working HVAC system offers you complete control of the temperature and humidity conditions in your home. Additionally, the right HVAC system provides you with increased indoor air quality.

Do you want to buy and install an HVAC system in your home? Perhaps you are wondering how much it will cost to buy one. In this blog, we will explore the pricing system behind different types of HVAC systems. Also, we will take a look at financing systems that you can take advantage of.

Related article: Does my HVAC need a smart thermostat?


HVAC Installation Costs: A System by System Analysis

The cost of a new air conditioning or heating system depends on the components of the system. Different household appliances make up an average HVAC system. 

For instance, a furnace and central air combination will have a different price compared to a combination of ductless air with a boiler. To make things easier for you, we will explore the price of each system.

Central Air Conditioner

Central air conditioning is a standard HVAC system in use in most houses in Toronto. Typically, it comprises a large compressor that is connected to an elaborate duct system. These ducts are designed to open up into each room in the home. This means that a single system can cool your home.

If you are going for central air conditioning, the cost of your HVAC system will range from $3,500 to $7,500. Also, the larger your home is, the higher your HVAC pricing figures will be. Other factors that will affect HVAC prices and costs include:

  • The model
  • Efficiency rating
  • Power ratings 
  • Service and installation prices

Related article: How Much Does Air Conditioner Installation Cost?

Ductless Mini-split System

These HVAC systems are designed for use in one room at a time. Additionally, they operate without ducts. This means that the cost of installing one in your home is relatively low. A ductless mini-split system offers you heating and cooling capabilities.

The costs for installing a ductless mini-split unit as a part of your HVAC is about $2,000 to $5,000. Typically, this estimation includes the cost of labour and human resources.

However, you should note that the pricing estimate above is for a single unit that can only be used in one room. Therefore, if you want to cool different rooms, you can expect to pay more.

Related article: How much do Ductless Air Conditioners cost in Toronto, Ontario?


If you are looking to get a furnace, the cost of installing an HVAC in your home may be a bit on the high side. The reason for this is that a furnace unit needs ducts to function adequately. 

Using electricity or gas as fuel, furnaces are designed to heat hair and then blow it through ducts that open into different rooms. The advantage of this mode of operation is that a single system can be used to heat different rooms.

The cost of a furnace will range from $3,000 to about $6,000. However, if your home is big, your HVAC installation costs are likely to go up. The bigger your home is the higher your installation costs. 

Related article: How much does Furnace Installation cost?


Boilers are a heating system that can be used in place of furnaces. However, with a boiler, the cost of installing an HVAC system will be more expensive compared to a furnace system. 

Boilers work by pushing hot water into specially designed radiators. Also, these radiators are located in each room that you are looking to cover. Therefore, this means you can heat your home with just one of these household HVAC systems.

Typically, boiler installation costs range from about $3,000 to as much as $8,000. If your home is big, you may have to buy a more powerful boiler system compared to others. Additionally, you may have to pay to install an extensive piping network for your HVAC. If your home covers up to 3,000 square feet, you may end up with cost estimates over $10,000.

Hot Water Heater

A functional HVAC system is incomplete without a working hot water heater. Nobody likes having to take a cold shower. Fortunately, the cost of integrating hot water heaters into your HVAC system is relatively inexpensive.

The cost of hot water heaters depends on the type. Tank water heaters can be installed for less than $3,000. On the other hand, tankless water heating systems have prices that sit between $3,500 to $6,000.

Related article: How Much Does a Water Heater Cost?


How to Finance the Cost of an HVAC System

The cost of an HVAC system is a necessity for wholesome, healthy living. Therefore, instead of worrying about affording one, there are different financing options that you can take advantage of. They include:

Credit Cards

Credit cards can be a great option if you don’t have the money to buy an HVAC system outrightly. For example, with a 0% intro APR card, you can pay for an HVAC system and pay off the deficit before interest sets in. 

The key is to plan adequately before you make the purchase. Make sure that you have a steady source of income that can help you offset the payments that you have to make. 

Home Equity Loan

If there is substantial equity in your home, taking out a home equity loan can help you handle the cost of an HVAC system. Home equity loans are low-interest. Therefore you can easily split a big payment into multiple small instalments.


In Summary

The overall cost of an HVAC system is dependent on the types of devices you are looking to integrate into your home. Heating and Cooling Toronto has the experience to handle all of your HVAC installation costs.

Additionally, we can help you with pricing a variety of HVAC systems, including furnaces, boilers, air conditioners and more. Speak to any of our HVAC experts today!

Related article: How Much Does Central Air Conditioning Cost?