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What is the Cost of a New Furnace in Vancouver? The cost of a new furnace installation can vary based on several factors, including the type of furnace, its efficiency rating, and the size of
Investing in a new furnace for your Vancouver home is a significant decision that involves both the cost of the furnace itself and the installation process. While prices can vary widely depending on the type of furnace, efficiency rating, and other factors, expect to pay anywhere from $5,500 to $12,500 for a full furnace installation.
While costs can vary widely depending on the factors mentioned above, here’s a general breakdown of furnace costs for Canadian homeowners in 2025: Entry-Level Models: $3,000 – $4,000 for a basic, lower-efficiency furnace with a simple installation. Mid-Range Models: $4,500 – $6,500 for a high-efficiency furnace that offers better energy savings.
However, gas furnaces are often more cost-effective in the long run, given that natural gas is typically cheaper than electricity in Vancouver. Efficiency Rating: The furnace's Annual Fuel Utilization Efficiency (AFUE) rating plays a key role in cost. The higher the AFUE, the more efficient the furnace, but you’ll also pay more for it upfront.
Your home’s size, the furnace’s efficiency rating, the type of fuel it uses, and where you live will all impact the final price. On average, you should expect to spend between $4,000 and $6,500 for a high-efficiency furnace, but premium models and complex installations can increase the cost.
In these areas, you can expect to pay between $4,000 and $6,500 for a typical high-efficiency furnace with installation. In rural areas, furnace prices are often higher due to the additional costs of shipping and labor, as well as fewer available contractors.
Furnace Type (Natural Gas, Electric, or Propane) The type of fuel your furnace uses will also affect the cost. Natural gas furnaces are the most common in Canada because they’re efficient and cost-effective, but there are also options for electric and propane furnaces.
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