Tank or tankless
A conventional tank is the lower-cost install and still the right answer for many homes. A tankless unit heats water only as it is used, never runs out, and frees a square metre of floor space, but it needs a larger gas line and the right venting, which is why the install cost is higher. We will quote both honestly for your house and your family's hot-water habits.
Buying out a rental
Many Hamilton and Burlington homes still pay a monthly rental on a water heater that was paid off years ago, often inherited with the house from a previous owner. At $30 to $50 a month, a rental costs $4,000 to $6,000 over the life of a tank that would have cost a fraction of that to own. The contract usually allows a buy-out at a price that falls with the age of the unit, or you can have the rental removed and returned and an owned unit installed in the same visit.
We can read the contract with you, tell you whether buying the existing tank or replacing it makes more sense, install the owned unit, and handle the disconnection paperwork. In most cases the switch pays for itself in two to four years. The steps are in getting out of a water heater rental in Ontario.
