Paying too much for an old rented water heater or furnace? This guide explains how to end a rental in Ontario, what a buyout is, what changed with liens on homes, and how GT Home Services can handle the switch for you.
Your old provider's buyout or cancellation fees, if any, are set by them, not by us.
📞 Call (647) 677-0037The same steps work whether your current provider is Enercare, Reliance, Direct Energy or a smaller company.
A buyout is what you pay a rental company to own the equipment, or to leave the rental early. Many agreements include a buyout schedule, where the amount drops the longer you have rented. Enercare, for example, publishes buyout schedules on its website, grouped by when the equipment was installed. Whoever your provider is, ask for the exact figure in writing before you decide, and compare it with the cost of replacing the unit.
For years, some rental companies registered a Notice of Security Interest (NOSI) on homeowners' property titles, which could hold up a sale or refinance until it was removed. Ontario's Homeowner Protection Act, in force since June 6, 2024, bans NOSIs for household equipment such as furnaces, air conditioners and water heaters, and existing ones are deemed expired. Your rental agreement still applies, so you still owe what the contract says. If an old NOSI still shows on your title, a lawyer can ask to have it removed. Be wary of anyone who charges a fee to remove one.
Furnaces, air conditioners, water heaters, water softeners and similar equipment cannot be sold to you at your door unless you contacted the business first. If a contract was signed after an unsolicited door-to-door sale, Ontario treats it as void. If you invite a company in and sign at home, you have 10 days to cancel for any reason, counted from the day you receive a written copy. Ontario also advises calling your current supplier before you switch, since ending a rental early can carry fees. GT Home Services never sells door-to-door.
Sources: Door-to-door sales and home service contracts (Government of Ontario, updated June 19, 2026) · Notices of Security Interest (Government of Ontario, updated January 6, 2026). Consumer Protection Ontario: 1-800-889-9768. This page is general information, not legal advice. GT Home Services is not affiliated with Enercare, Reliance or any other rental company.
Switching does not mean you have to rent again. You can rent from us with $0 upfront and repairs included, from $21.99 a month for a tank or $37.99 for tankless, or buy a water heater outright from $2,111 installed. See water heater rental, water heater replacement and furnace rental.
We handle switches across Brampton and nearby Mississauga, Caledon, Vaughan and Etobicoke. Call (647) 677-0037 and we will walk you through it.