Rent or Buy a Furnace in Toronto & Vaughan

While renting a furnace is not the right option for every home or homeowner, it can be a practical choice for some. At Smile Heating & Cooling we have options for both renting and buying to suit the needs of all our clients and their properties. Our professional team can also help you navigate the financing options for both renting and buying a furnace to better meet your heating needs and your budget.

With our rental options, you have the opportunity to get a quality heating system at an affordable monthly price that includes the costs of repairs and maintenance. This can be an ideal way to budget for a furnace without the worry of emergency repair costs to contend with. With your monthly fee, you will even have the option for a full replacement at no added cost if necessary!

Ready to learn more about renting or buying a furnace? The Smile Heating & Cooling team is here to help you make this decision and answer all your home heating questions. To get started, contact us at 647-361-0333.

Thankfully, Heating and Cooling Company is the answer to all your heating needs, be they a new installation, emergency furnace repair service, a routine maintenance plan, or perhaps just some professional insight into how furnaces work and what they need to keep giving you reliable service.

Should you Rent or Buy Your Furnace?

If you’re new to owning or renting a furnace, you likely have a lot of questions about the benefits of both options. To get you started, here are the basics of renting and buying furnaces:

Things to Consider About Furnace Rental

Furnace rental can be an attractive option for many reasons, especially if you are in need of replacing your furnace unexpectedly. With a furnace rental, instead of having to finance thousands of dollars upfront, you can commit to a regular schedule of monthly payments. In addition to this, you will also enjoy these benefits:

  • Maintenance and repairs costs along with the cost of filters and pads for your humidifier are all included in your monthly fee.
  • Have the option to both upgrade your unit or to buy it at any time should your needs change.
  • Help maintain a consistent budget because all costs are covered by a regular monthly fee.
  • Because rental fees include 24/7 emergency services, you can keep your home comfortable without the worry of huge unexpected repair costs.

Things to Consider About Furnace Purchases

While renting offers a wide range of benefits in terms of budgeting and reduced concern over maintenance and repairs, purchasing your furnace from Smile Heating & Cooling may also be the right option for you. If you are considering purchasing, keep these facts in mind:

  • Buying a furnace can make sense financially if you plan to stay in your home for the life of your furnace – usually 15 to 20 years for most units.
  • Purchasing a furnace can have financing options but may also require a large upfront cost depending on several factors.
  • While a furnace purchase is expensive, it can also add value to your home when you sell it.
  • Owning a furnace also means paying individually for repairs, maintenance and replacement parts as needed.

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Expert Help Deciding to Rent or Buy a Furnace

At Smile Heating & Cooling we work to ensure we provide quality products and recommendations to serve our customers better. If you are unsure if renting or buying a furnace is better for your home, call us at 647-361-0333. Our expert team is here to help you get the best furnace options for your home!

Our years of experience with furnaces means we know your unit and the tune-up services it needs already. So, give us a call and let’s get your maintenance plan underway.


Heating and Cooling Company is the contractor of choice of many residents in Toronto when it comes to furnace repair, installation and maintenance services. Reach out to us. We would love to hear about your heating needs and tell you how we can help to make your home warm and comfortable for the winter.