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Rinnai RXP160IN Tankless SENSEI® Recirculation Built-In Original price was: $4,199.00.Current price is: $3,290.00.
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Merit Lennox Furnace with free humidifier
Lennox Merit Furnace , ML296V, 45000BTU Original price was: $3,090.00.Current price is: $2,490.00.

Lennox Elite Furnace , EL297V, 2-Stage Variable Speed

SKU: N/A

Price range: $2,790.00 through $3,390.00

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Lennox Merit Furnace , ML296V, 70000BTU

Original price was: $3,190.00.Current price is: $2,590.00.
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This package now includes a FREE Humidifier (Value: $450).  Request a quote to verify your home's requirements and finalize the total unit and installation price.


Furnace Services in Greater Toronto Areas and Southern Ontario

Lennox Elite® EL297V High-Efficiency Gas Furnace

Precision Comfort Meets 97% Efficiency

The Lennox EL297V isn’t just a furnace; it’s a climate control system. Engineered to handle Ontario’s harshest winters, it ensures your home stays warm without the "temperature swings" common in older models.

Furnace & Heating Solutions
The 4Most Furnace Replacement Process

Fast. Transparent. Licensed.
We take the stress out of home heating upgrades with a streamlined, professional process designed for longevity and performance.

Why Install the Lennox EL297V Furnace with 4Most Energy?

15+ Years of Expertise

We have specialized in Boiler and Tankless systems for over 15 years. 

Premium Installation Materials

High-quality materials for safe, efficient performance in Ontario’s harsh winters

Comprehensive After-Sales Support

From InteliSense™ remote diagnostics to genuine Carrier parts, we keep your home heated during cold

Guaranteed Satisfaction

Backed by a 100% customer satisfaction warranty and a 30-day return policy

Transparent Pricing

No hidden fees or surprise charges—just clear, upfront pricing

Fully Certified & Insured

TSSA-certified and fully insured technicians for your peace of mind

Lennox Parts & Repair Availability

We provide comprehensive after-sales support, including full access to genuine Lennox parts and expert repair services, so you are never left without heat during a cold snap.

Quick Furnace Sizing Guide: Which BTU do you need?

Choosing the right capacity prevents "short-cycling" and extends the life of your equipment. Use this general guide for Southern Ontario homes:

Home Size (Approx.) Recommended Capacity Best For
Up to 1,500 sq. ft. 45,000 BTU Condos, Townhomes, or Small Bungalows
1,500 – 2,500 sq. ft. 70,000 BTU Average Detached Homes & Large Semis
2,500 – 3,700 sq. ft. 90,000 BTU Large Two-Story Homes
3,700+ sq. ft. 110,000 BTU Custom Estates & Large High-Ceiling Homes

Note: Our licensed technicians perform a professional heat-load calculation during installation to confirm your specific requirements.

Elite Series Key Features

  • 97% AFUE Rating: Converts 97% of your fuel into usable heat, significantly lowering monthly utility bills.
  • Two-Stage Heating: Operates at a lower, energy-saving speed most of the time, ramping up to high heat only when the temperature drops drastically.
  • Variable-Speed Blower: Provides a quiet, consistent flow of air, eliminating "cold blasts" at startup and improving indoor air filtration.
  • SilentComfort™ Technology: One of the quietest furnaces in its class, keeping your living spaces peaceful.
  • Heavy-Duty Heat Exchanger: Stainless steel construction designed for maximum durability and heat transfer.

Invest with total peace of mind knowing your comfort is protected by the best warranties in the business:

  • Lifetime Limited Warranty on the Heat Exchanger.

  • 10-Year Limited Warranty on all remaining covered parts (with registration).

  • The 4Most Advantage: Includes a 1-Year Complimentary Labour Warranty on every installation.

  • Extended Protection: Ask us about our optional 10-Year Labour Protection Plan.

Service Area
Greater Toronto Area (GTA) and surrounding regions

 Toronto, Markham, Richmond Hill, Vaughan, Aurora, Newmarket, Scarborough, Brampton, and Mississauga.

Extended Service Area: Stouffville, Oshawa, Barrie, Orangeville, Hamilton, St. Catharines, Guelph, Kitchener.

Frequently Asked Questions

The Elite EL297V is our "Premium" system, boasting a 97% AFUE rating, a Lifetime Limited Warranty on the heat exchanger, and a superior cabinet structure designed for maximum durability and heat retention. Beyond the efficiency, the Elite series offers much better control over airflow, allowing it to integrate more effectively with advanced heat pump systems for a true dual-fuel setup. It also provides enhanced humidity control and uses SilentComfort™ technology for whisper-quiet operation. The Merit ML296V is our "High-Value" 2-stage option, offering a 96% AFUE rating and a 20-Year Warranty on the heat exchanger.

Lennox has been a leader in the HVAC industry for over a century. It offers the best balance of fair pricing and high-end quality. Here is why it is the top choice for Canadian homeowners:

  • Proven Technology: From superior cabinet structures to advanced humidity control and seamless heat pump integration, Lennox leads in innovation.

  • Perfect Warranty: Their comprehensive warranties are among the best in the business, protecting your investment for decades.

  • Technician Familiarity: Because Lennox has been in Canada for 100+ years, almost every licensed gas technician is familiar with troubleshooting and servicing these units.

  • Parts Availability: You never have to worry about a "backorder" during a cold snap; genuine Lennox parts are widely stocked across Ontario.

  • Low Maintenance: Built for durability, these systems require minimal maintenance to stay at peak performance.

Important Note: Even the best furnace will fail if installed poorly. A bad installation can cut the unit's lifespan in half, void your manufacturer warranty, and ultimately cost you double when you have to hire a second company to fix it. Choosing a certified expert like 4Most Energy ensures it’s done right the first time.

The Elite EL297V is our "Premium" system, boasting a 97% AFUE rating, a Lifetime Limited Warranty on the heat exchanger, and a superior cabinet structure designed for maximum durability and heat retention. Beyond efficiency, the Elite series offers superior airflow control, enabling it to integrate more effectively with advanced heat pump systems for a true dual-fuel setup. It also provides enhanced humidity control and uses SilentComfort™ technology for whisper-quiet operation. The Merit ML296V is our "High-Value" 2-stage option, offering a 96% AFUE rating and a 20-Year Warranty on the heat exchanger.

While our product page provides a general sizing guide based on square footage, a "one-size-fits-all" approach can lead to inefficiency. 4Most Energy technicians perform a detailed heat-load calculation, considering your home’s insulation, window quality, and ceiling height, to ensure the unit is perfectly sized.

Note: Bigger is not always better. An oversized furnace will heat the air too quickly and shut off before it has properly circulated (a process called "short-cycling"). This leads to hot and cold spots throughout the house, higher energy bills due to frequent startups, and increased wear and tear that shortens the life of your furnace.

Rebates are currently available specifically for Heat Pump systems. However, once you match a Lennox high-efficiency furnace with a qualified heat pump system, you become eligible for significant energy-efficiency rebates through programs like the Enbridge Home Efficiency Rebate Plus. Ask our technicians to find the best match for your home and provide the latest news on available rebate amounts.

Yes. 4Most Energy includes a 1-Year Complimentary Labour Warranty on every installation to ensure your system is running perfectly from day one. For long-term peace of mind, we also offer a 10-Year Lennox Labour Warranty (sold separately). Because this plan is provided directly by Lennox, it is valid anywhere and remains active even if you receive service from another contractor in the future.

The Elite EL297V is a sophisticated piece of equipment with a two-stage gas valve and variable-speed motor. 4Most Energy is factory-trained specifically on Lennox systems. This ensures that the performance calibration—adjusting gas pressure and airflow—is done correctly, ensuring the unit actually operates at its rated 97% efficiency.

Most standard furnace replacements are completed within 4 to 6 hours. Our process includes the safe removal of your old unit, precision installation of the new Lennox system, and a full performance test to ensure everything is running perfectly before we leave.

Yes. We provide flexible financing options to make your home comfort upgrade more affordable. You can finance your new system for up to 5 years with a fair interest rate (subject to credit score approval). Additionally, we offer a 3-month no-interest plan for those looking for shorter-term flexibility. Speak with our experts during your quote consultation to find the best plan for your budget.

We strongly recommend avoiding furnace rental agreements. Renting often leads to extremely high long-term costs, can result in a lien on your property, and usually carries massive penalties if you try to terminate the contract early.

Many homeowners rent just for the "included maintenance," but this is a costly trap. Instead, we suggest financing your unit to own it outright and subscribing to our Maintenance Plans for less than $18/month, which you can cancel anytime with no penalty. Remember, every Lennox furnace already comes with a 10-year worry-free parts warranty, so you are already protected without the high cost of a rental.

Trust and transparency are the foundations of our business. Here is why homeowners choose us:

  • Proven Reputation: Check our Google reviews—we are well-known for our transparent pricing, professional installations, and dedicated after-sales support.

  • 15+ Years of Experience: We have been serving the GTA for over 15 years. We aren't just contractors; we are local experts who understand Ontario’s climate needs.

  • Direct Access to Experts: When you call us, you talk to an expert immediately. We don't use a long-time customer service process or automated loops; you get the answers you need right away.

  • 30-Day Return Policy: We offer a 30-day "no questions asked" return policy for your peace of mind.

  • Fully Stocked for Service: We carry most genuine Lennox parts directly in our service trucks. If you ever need a repair or adjustment, we can usually fix it on the spot without waiting for parts deliveries.

Yes! We understand that a broken furnace in the middle of winter is an emergency. We offer emergency same-day installation at no extra cost. Because we maintain a large local inventory of Lennox furnaces in stock, we don't have to wait for suppliers. Our technicians are specifically hired for emergency services, meaning we are available even on weekends and holidays for installations, urgent repairs, and warranty work.

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