How much can you expect to spend on a air conditioner, heat pump and furnace in Toronto?
If you live in the Greater Toronto Area, you’ll know how extreme the weather can be. You may experience frigid winters and super hot summers. These extremes will push your heating and cooling system to its limits.
Based on a recent article published in October 2024 from HomeStars:
Source: https://www.homestars.com/heating/price-guides/heating-cooling-cost-toronto
Price range will depend on several factors. The cost of the equipment and the cost for the labour.
Equipment costs will depend on brand, model, features, size and its energy efficiency rating. A higher efficiency HVAC system may have ahigher upfront cost. However, you could realize the savings in your energy bill over the long run.
If you plan on staying in your home for a long time, it’s better to invest in a high to ultra-high efficiency air conditioning and furnace system. It’s an investment in your home. Additionally, if you plan on selling your home down the road, high efficiency appliances could hold its value.
For labour costs, consider the complexity of the project,such as removal of the old furnace or A/C equipment, ductwork modifications / installation, electrical and plumbing upgrades, and/or conversionfrom going from electric to natural gas or oil to natural gas, etc.
If you’re looking to install a heat pump, you should budget:
Source: https://www.homestars.com/heating/price-guides/heat-pump-installation-cost
However, you can save money with the Home Renovation Savings™ program. Learn More
If you are looking to save a few dollars, the best time to invest in a new heating and cooling system is during early Spring and early Fall. HVAC Technicians are in high demand during the peak seasons – Winter and Summer. If you’re looking for a quote for your HVAC system and/or heat pump, contact Green Heating and Air at 416-627-7724.