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4.51 
Overall Rating

6,300
Jobs Completed

4.69 
Installer
Workmanship

All figures based on 2021 Canada-wide averages.

Contact Us For Emergency Water Heater Services

Call 1-800-HOME-DEPOT and get help right away if you’re experiencing urgent issues with your water heater, such as:

  • No or not enough hot water
  • Taking too long to get hot water
  • Leaks
  • Rusty or cloudy water
  • Discolouration on or around your water heater
  • Poor reliability

What’s Included In Your Water Heater Replacement & Installation Project?

✔  A brand-new, energy-efficient water heater

✔  A free, no-obligation quote for your entire project.

✔  Discuss your options with our expert water heater installers during your free consultation.

✔  Licenced, background-checked Home Depot Installers.

✔  A Home Depot backed 1-year labour warranty.

✔  Flexible Financing with Project Loan – Credit available for up to $50,000. No annual fees.

How Water Heater Installation Works

1 Free Virtual/In-Home Consultation

  • Our licensed Installer will help you choose the right water heater based on the needs of your home.
  • The Installer may also conduct an on-site inspection to ensure the installation meets local code and if any additional permits are required

2 Professional Installation

  • At a pre-scheduled time, the Installer will complete your water heater installation while observing all relevant safety protocols. The old water heater will be removed, then hauled away for safe disposal.

3 Follow-Up Inspection

  • Once the project is complete, the Installer will familiarize you with the proper use of your new water heater, ensure a thorough cleanup and perform a final inspection of the new equipment with you to confirm your satisfaction

How Much Does Water Heater Replacement & Installation Cost?

  • In Ontario, water heater installation ranges in cost from approximately $1,147 to $3,022, installation included, with an average cost of $1,692, before taxes.
  • The average gas water heater installation cost is $1,427 for a 40-gallon unit and $1,731 for a 60-gallon unit, while the average electric water heater installation cost is $1,147 for a 40-gallon unit and $1,247 for a 60-gallon unit. All figures include installation and exclude taxes.
  • All water heater installation costs vary depending on a variety of factors, such as the system you choose and the region where you live.
  • For more detailed product and cost information, visit our Water Heater Buying Guide.

When Should You Replace Your Water Heater?

If you’re experiencing any of the following issues, it may be time for a water heater replacement:

   It’s over 10 years old

   It’s leaking

   Poor reliability

✔   Rust or cloudy coloured water

✔   The warranty has expired

✔   Rising energy bills

   It takes a long time to get hot water

Hot Water Tanks Vs. Tankless Systems: Which Should You Choose?

When choosing between tankless water heater and hot water tank replacement, each has its advantages. It’s important to weigh your options carefully before deciding which system is right for you. Contact our water heater installers for more information.

Hot Water Tanks

Advantages:

  • Affordable and economical
  • Easy to install, especially if replacing an existing tank
  • Reliable, consistent hot water delivery
  • ENERGY STAR®-rated options available

Tankless Water Heaters

Advantages:

  • ENERGY STAR®-rated systems: up to 30% more energy efficient than a hot water tank
  • Wall-mounted & takes up less space
  • Heats water immediately and on demand
  • Long-term cost savings despite higher initial investment

Why Rent When You Can Buy?

Save up to $1800 when you purchase your tank type water heater instead of renting*, Save up to $2400 when you purchase your tankless water heater instead of renting it*

When you buy your water heater instead of renting it, you’re likely saving money over the life of your equipment. In fact, the total cost advantage to buying your water heater can be significant. Here’s an example of what you might expect:

Water Heater Type

Cost to Buy (installation included)*

Cost to Rent (10-year total)*

Estimated Savings

Power Vent 50 Gallon gas hot water tank

$1,514

$3,360

$1,846

Condensing Gas tankless water heater

$2,389

$4,800

$2,411

*Prices and charges exclude applicable taxes and are current as of July 23rd, 2020, and subject to change. Rental charge information based on Ontario market rates and subject to change. Estimated rental charges may vary from $28 to $35 for a gas Power Vent model, $40 to $49 for a condensing gas tankless model. 10-year total rental costs depicted in the chart are based on rental rates of $28/month for the Power Vent 50 gallon hot water tank and $40/month for the Condensing Gas tankless water heater.

Ideas & How-to

Check Before You Contact Us

Having these key details on-hand about your current equipment will give our water heater installers a better idea of what you need for your water heater replacement project:

   Type of water heater (i.e. tank or tankless, gas or electric)

   Size and location of your existing water heater

✔   Type of venting it uses (i.e. metal chimney or PVC piping)

Why Choose Home Depot?

Home Services

Hot Water When You Need It

Our selection of high-quality brand name and ENERGY STAR® certified water heaters provide hot water to your home in a variety of methods, to fit any need. From traditional tank-type to under-sink mounted point-of-use heaters, no matter where you need it, you’ll always have an efficient hot water solution.

Trusted Installers

Trusted Installers

Our team consists of licensed Home Depot Installers who have passed background checks, so you can be confident in their reputation and the quality of their work.

Flexible Financing with the Home Depot Credit Card

Flexible Financing

We provide flexible financing options that will help you better manage your budget for your home improvement projects with The Home Depot Consumer Card and The Home Depot Project Loan.

Frequently Asked Questions

Installation Questions

Product Questions

Current Offers

No offers currently available.

The Perfect Hot Water Heater for You

Water heaters are responsible for heating your water and supplying it to household fixtures and appliances, such as dishwashers, showers, and more. Every home uses their hot water supply differently, and it’s important to understand the different types of water heaters and features best suited for your household needs. The cost of installing a water heater varies by the type of heater as well as the size of your home and usage needs. Tank water heaters store water and heat it on demand, while tankless water heaters heat the water using coils, without storing it. Tank water heaters are generally less expensive and can accommodate high-demand households, while tankless are more expensive up front, but can reduce your energy usage by around 30 per cent.

Having your water heater installed by a professional is the recommended as they can involve natural gas, carbon monoxide and pressurized tanks, all of which can be dangerous if you’re unsure of how to properly complete the installation. Our installation professionals are trained in water heater installation, licensed and can get the job done safely and efficiently. They’ll even remove your old unit and replace it with your new one.

Whatever your water heating needs, The Home Depot Canada has everything you need to get the job done right.