Quick Answer

Furnace/HVAC Replacement Cost in Toronto (2026)

Average cost in Toronto

$11,521avg

$6,500 — $18,500

$3,500 — $8,500 per sq ft

+7.5% YoY
18 sources
Updated 2 weeks ago
GTA Region

Cost Breakdown

Itemized
Equipment

Furnace and AC/Heat Pump units

$4,200 — $11,000

60%

Labor

Licensed technician installation

$2,000 — $5,500

30%

Materials & Disposal

Venting, piping, and old unit removal

$400 — $1,200

7%

Permits & Inspections

City of Toronto building/HVAC permits

$215 — $450

3%

🧾HST (13%) — Ontario
Base cost + $1,498 tax$13,019

HST at 13%

📋What's Included

Scope

Typically Includes

  • Furnace or AC unit
  • Thermostat
  • Basic ductwork connections
  • Refrigerant
  • Labor & installation
  • Old unit disposal

Typically Excludes

  • Full ductwork replacement
  • Zoning systems
  • Smart home integration
  • Permits & inspections
  • Humidifier or air purifier

Based on a standard 2,000 sq ft home with existing ductwork.

🧮Estimate Your Cost

Interactive

Estimated Cost

$7,925

$6,340 — $9,510

Based on 18 sources and market data for Toronto. Actual costs may vary depending on specific project requirements.

📈Price Momentum

Year-over-year

~1 year ago

$10,717

Today

$11,521

Furnace/HVAC Replacement in Toronto is 7.5% compared to roughly a year ago — about $804 more on the average project.

Comparison derived from the year-over-year change rate, not a month-by-month price index. We don't store historical snapshots yet — when we do, this will become a real time series.

🏢Top HVAC Replace Contractors in Toronto

Verified providers
🔨

Green Heating and Air Inc.

1373 Bathurst St, Toronto, ON M5R 3H8, Canada

5.0
★★★★★

179 reviews

🔨

Cozy World Inc.

17 Tippett Rd, North York, ON M3H 2V1, Canada

5.0
★★★★★

201 reviews

🔨

Dr HVAC and Plumbing (Toronto)

397 Donlands Ave Unit 105, East York, ON M4J 3S3, Canada

4.9
★★★★½

469 reviews

🔨

Climax Heating & Air Conditioning

588 Gordon Baker Rd #586, North York, ON M2H 3B4, Canada

4.9
★★★★½

535 reviews

🔨

HVAC Trust

330 Hwy 7 Unit#305, Richmond Hill, ON L4B 3P8, Canada

4.9
★★★★½

494 reviews

Provider data sourced from public business directories. Ratings and reviews are public and may change. LookupCost is not affiliated with listed providers.

💬What People Actually Paid

Community

Common Questions

A typical mid-efficiency furnace and air conditioner replacement in Toronto currently averages between $9,000 and $13,000, though high-end heat pump systems can exceed $18,000.

Homeowners can stack rebates up to $7,500 for cold-climate air-source heat pumps through the Home Renovation Savings Program, with additional incentives of $75-$100 for smart thermostats.

Prices have risen by approximately 5-10% year-over-year due to new 2026 tariffs on steel and aluminum adding $300-$600 per unit, alongside the mandatory shift to more expensive A2L refrigerants.

Yes, a standard 1,500 sq ft home typically requires a 2-ton AC and 45,000-60,000 BTU furnace, costing roughly $10,500 total, while larger homes requiring 4-ton units can see costs rise by 30-50%.

📊Our Methodology

How we collect data
1

Aggregated from 5+ verified web sources and cost databases

2

Licensed contractor estimates and regional cost guides

3

Government construction and labor statistics

4

Community-reported project costs and reviews

Last data collection: 2 weeks ago. Updates run weekly. All costs in CAD.

About this data

Cost figures are estimates synthesized from public market data using AI research and refreshed regularly. Real project costs vary by scope, materials, contractor, and site conditions. Always get verified quotes from licensed contractors for your specific project.

Spotted bad data? Let us know — we'll review and update.