rental contract

Ontario family pays more than $4,000 renting water heater for 28 years

Ontario family pays more than $4,000 renting water heater for 28 years

Ontario is one of the few provinces in Canada where millions of residents rent rather then own their water heaters. While renting may come with peace of mind if you have a break down or require servicing, over time, the rental costs can add up and they are generally a reliable appliance that typically lasts 15 years or longer without many issues. “The thing about a rental is they just keep going and going and going.” said Gary Burger of New Lowell, west of Barrie, Ont.