Heat pump cost · Toronto & the GTA · 2026 prices
Heat Pump Cost in Toronto & the GTA (2026 Installed Prices)
A central heat pump installed in Toronto costs about $4,300–$6,900 for 2 ton, $4,700–$7,900 for 3 ton and $5,600–$8,700 for 4 ton, installation included, before HST and rebates.
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- Approved Home Renovation Savings contractor
- Licensed, in-house installers
Installed prices
Heat pump prices by size
Heat pump installation cost depends mostly on the size of the unit. These are the installed prices of the central heat pumps in our online shop. Every price includes standard installation, and about 8 in 10 of our installs qualify as standard.
- 2 ton24,000 BTU/h$4,290–$6,940Midea, Lennox, Panasonic, Moovair, Keeprite, Kepler, KingHome, ProAir
- 2.5 ton30,000 BTU/h$4,499–$6,449Midea, Panasonic, Kepler, KingHome, ProAir
- 3 ton36,000 BTU/h$4,739–$7,880Midea, Lennox, Panasonic, Tosot, Kepler, KingHome, ProAir
- 4 ton48,000 BTU/h$5,599–$8,699Midea, Panasonic, Kepler, KingHome
- 5 ton60,000 BTU/h$6,199–$9,780Midea, Lennox, KingHome
Shop prices as of October 2026, before HST and rebates; sale prices change. Shop heat pumps with installed prices.
No surprises
What’s included in the installed price
- The cold-climate heat pump and the matching indoor coil
- Removing and recycling your old air conditioner
- Wall brackets or a snow stand for the outdoor unit
- A new refrigerant line set, up to 15 ft
- The electrical disconnect and wiring, up to 30 ft
- New drain lines
- The ductwork changes needed to remove the old coil and fit the new one
- Careful line work: copper brazed with nitrogen and the system vacuumed before it is charged, so it stays clean and dry inside
- New thermostat wire where it can be run, or a Fast-Stat wire extender where it can’t
- A thermostat with Midea systems (it comes in the Midea package)
- Start-up and testing
- Rebate paperwork: we file the Home Renovation Savings pre-approval and the post-installation claim for you
What costs extra
Anything beyond the list, such as:
- A line set longer than 15 ft
- Wiring longer than 30 ft
- An electrical panel upgrade
- A breaker for an older panel that’s no longer made, such as Commander, where breakers are hard to find and expensive
- Other ductwork changes
- A condensate pump
- A new thermostat with brands other than Midea
- Replacing the furnace or air handler at the same time
Panel capacity, the distance from the panel and where the outdoor unit can sit also affect labour.
We tell you about any of these in the written quote, before any work starts.
Hybrid systems
Replace my old AC with a heat pump, keep the furnace as backup
Many GTA homeowners replace the old air conditioner with a heat pump and keep the gas furnace for the coldest days. This is called a hybrid or dual-fuel system. The heat pump costs the same as in the price cards above. Compare the options on our furnace installation page.
If your furnace also needs replacing$8,750–$11,500typical heat pump plus furnace job, installed
Rebates
Up to $7,500 back
$2,000 max for homes heated with natural gas.
We are an approved contractor in Ontario’s Home Renovation Savings Program, which pays up to $7,500 for an eligible cold-climate heat pump. The amount depends on your home and the unit. The program’s goal is to cut carbon emissions from home heating.
- First, we submit your pre-installation application. Approval takes about 5 business days.
- After installation, we send the photos and your fully paid invoice for final approval.
- Your rebate cheque then arrives by mail within 60 days.
From call to cheque
How it works
- A free in-home consultation, or an online quote from photos you email us, to pick the right size for your home.
- A written quote with the installed price and anything extra spelled out.
- You accept the quote with a $300 deposit, applied to your final invoice, and we apply for rebate pre-approval.
- Installation day. Most installs take one day.
- We test the system and show you how to use it. The rest of the invoice is due that same day, once the installation is complete, and we then submit your rebate claim.
The price was great and the timing and installation was equally great.
Questions
Heat pump cost questions
How much is a heat pump for a 2,000 sq ft house in Ontario?
Usually a 2 to 3 ton heat pump, depending on how well the house is insulated. That puts it at about $4,300–$7,900 installed, before HST and rebates. We confirm the size at the free in-home consultation.
Does the price include installation?
Yes. Our prices include standard installation: up to 15 ft of new line set, up to 30 ft of electrical wiring, new drain lines and the duct changes needed to fit the new coil. About 8 in 10 installs qualify as standard. HST is extra, and any extra work is listed in your written quote before we start.
How much is a heat pump plus a new furnace?
Our heat pump plus furnace jobs typically came to $8,750–$11,500 installed, depending on the furnace and the heat pump size.
Can I get the rebate if the heat pump is already installed?
Not for Ontario’s Home Renovation Savings rebate: it requires pre-approval before installation, so we file the pre-approval first. The new federal rebate works differently. The Government of Canada says eligible heat pumps installed from November 1, 2026 can apply once the program opens in early 2027. Installs before that date don’t qualify for it.
Can you quote without a home visit?
Often, yes. Email us a few photos of your furnace, air conditioner and electrical panel, and we can quote from them for more than half of homes. If the outdoor unit is farther from the furnace or the lines are hard to reach, you can choose a short visit for a final price, or a price range for the extra line set work that our installers confirm on installation day. Ductless systems always need a visit. How to get an online quote.
Do you offer financing?
Yes, financing is available. Ask us for the current terms when you book your consultation.
Where we install
- Toronto
- North York
- Vaughan
- Mississauga
- Brampton
- Markham
- Richmond Hill
- Oakville
- Burlington
- Milton
- Ajax
- Pickering
- Whitby
- Oshawa
- Aurora
- Newmarket
- Caledon
See our full service area.
Get your installed price in writing
Book a free consultation, or get an online quote from photos. We size the heat pump for your home, give you a written installed price and handle the rebate paperwork.