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Tank vs Tankless Water Heaters

When a water heater needs replacing, many homeowners wonder whether to switch to tankless. Both work well; the right choice depends on your household, your space and your budget.

Tank water heaters

  • Lower upfront cost and simpler installation
  • Store a set volume of hot water
  • Can run out during heavy use
  • Standby heat loss from the stored water
  • Widely available as rentals in Ontario

Tankless water heaters

  • Heat water on demand, so hot water doesn't run out in normal use
  • Compact and wall-mounted
  • Higher upfront cost; may need gas line and venting upgrades
  • Require periodic descaling, especially with hard water
  • Output limits when several fixtures run at once

Questions to decide

  • How many bathrooms and people use hot water at the same time?
  • Is your gas line sized for a tankless unit?
  • Where can the unit vent?
  • Will you rent, lease-to-own or buy?

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