Lennox
ENERGY STARLennox ML196E
Merit® Series · Single-stage · 96% AFUE · ENERGY STAR®
up to 96%AFUE
Efficiency
Up to 96% AFUE
Heating
Single-stage
Blower
Constant-torque
Heat exchanger
20-yr warranty
Rent, lease-to-own or buy
Furnace Rental in Toronto: Rent, Lease-to-Own or Buy
Thinking about renting a furnace? Here is how renting, lease-to-own and paying cash compare. One thing up front: Megacity does not rent furnaces. We install them, and we offer $0-down lease-to-own through Enbridge Sustain.
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Partner
Customer Reviews·
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Quick answer: rent, lease-to-own or buy?
Renting means monthly payments to the rental company, and the furnace stays theirs unless you buy it out. Lease-to-own also means monthly payments, but the furnace becomes yours once the term ends and the final buyout amount is paid. Buying with cash means you own it from day one. The right choice depends on how long you plan to stay and how you want to handle the upfront cost.
Megacity does not rent. Lease-to-own is offered through Enbridge Sustain on approved credit for residential customers.
Side by side
Renting, lease-to-own and buying a furnace
Rental agreements differ from one provider to the next, so the rental column tells you what to look for and not what any one company charges. The lease-to-own column reflects the Enbridge Sustain program.
| What matters | Rent | Lease-to-own (Sustain) | Buy with cash |
|---|---|---|---|
| Who owns the furnace at the end | The rental company, unless you buy it out | You do, once the term ends and the final buyout amount is paid | You do, from day one |
| Upfront cost | Often none. Confirm with the provider | $0 down | The full installed price |
| Repairs and maintenance | Depends on the agreement. Ask what is covered | Maintenance and repairs are part of the agreement | You pay after the manufacturer warranty ends |
| Length of the commitment | Read the contract for the term and renewal | A long fixed term (the program lists 15 years) | None |
| Ending early | Check the buyout price and any removal fees | Buyout available on a published schedule | Not applicable |
| If you sell your home | Ask whether it transfers or must be bought out | The agreement can transfer to the new owner | The furnace stays with the house |
Enbridge Sustain lease-to-own terms checked September 2026 at enbridgesustain.com. Financing on approved credit, residential customers only. Ask us for the current schedule.
Before you sign anything
Seven questions to ask any provider
These work for a rental, a lease or a loan, from us or from anyone else. Get the answers in writing, and ask for the total you will pay over the whole term next to the price of buying the furnace.
- What is the monthly amount, and does it go up over time?
- How long is the term, and what happens at the end?
- What is the total I will pay over the whole term, and what would it cost to buy the furnace instead?
- What is the buyout price today, and how does it change each year?
- What is covered: parts, labour, maintenance, after-hours calls?
- What does early cancellation or removal cost?
- What happens if I sell the house?
$0
Down
Trusted Partner
Lease-to-Own Through Enbridge Sustain
Megacity is a certified Enbridge Sustain Trusted Partner. Lease-to-own a new furnace with $0 down, with maintenance and repairs part of the agreement, and it becomes yours once the term ends and the final buyout amount is paid. Ask us for the written terms and the current buyout schedule.
- No upfront cost — $0 down on approved credit
- Maintenance and repairs included for the term
- Buyout option — Sustain owns the equipment during the term
Equipment We Install
The furnaces we install
Every spec below is published by the manufacturer. A rental provider chooses the furnace for you; with us, you choose.
Lennox
ENERGY STARLennox EL297V
Elite® Series · Two-stage · Variable-speed · 97% AFUE · ENERGY STAR®
up to 97%AFUE
Efficiency
Up to 97% AFUE
Heating
Two-stage
Blower
Variable-speed
Heat exchanger
Lifetime warranty
Kepler
ENERGY STARKepler Essential One 96
Essential One · Single-stage · 96% AFUE · ENERGY STAR®
96%AFUE
Efficiency
96% AFUE
Heating
Single-stage
Blower
Constant-torque
Heat exchanger
Lifetime warranty
All specifications are published by the manufacturer. We install and service these systems across Toronto & the GTA.
See every model we installCommon questions
Furnace rental in Toronto: FAQ
Does Megacity rent furnaces?
No. Megacity installs furnaces and sells them outright, and we offer $0-down lease-to-own through Enbridge Sustain. If a rental is what you want, we would rather tell you that up front than talk you into something else.
Is lease-to-own the same as renting a furnace?
No. With a rental you keep making payments and the rental company keeps owning the furnace unless you buy it out. With a lease-to-own agreement, the furnace becomes yours once the term ends and the final buyout amount is paid.
How long is a lease-to-own term?
The Enbridge Sustain program lists a 15-year (180-month) term. Programs change, so ask us for the current schedule and the buyout table before you decide.
What does the monthly payment cover?
Under the Sustain program Enbridge Sustain says maintenance, repairs and warranties are included for the term. Ask for the written terms so you can see exactly what is and is not covered.
Can I buy the furnace out early?
Yes. Enbridge Sustain publishes a buyout schedule. Ask us for the current schedule, because the price depends on when in the term you buy out.
What happens to the agreement if I sell my home?
The Sustain agreement can transfer to the new owner. Ask us how a transfer works for your agreement before you list the house.
Are rebates available?
In-house rebates are available. Ask at your quote. We don't file government rebate paperwork for customers.
Ready to price a new furnace? Furnace replacement in Toronto · 2026 furnace cost guide · How lease-to-own works
Get in touch
Talk to a person about your furnace
Tell us about your home and we will set up a free in-home estimate. We will explain lease-to-own and cash side by side, in writing, with no obligation.
(416) 286-5665Helpful Resources
Costs, guides and programs
Replacement pages, Toronto price guides, and how Enbridge Sustain and financing work.