Renting vs Buying Your Hot Water Tank in Ottawa

In Ontario, most homeowners just "inherit" a rental hot water tank when they move in. But is that monthly bill actually worth it? At Hydra Plumbing, we help Ottawa residents do the math and decide what's best for their home and budget. 

Most people save thousands of dollars by buying their water heater outright.

• No Monthly Bills: Once it’s paid for, you’re done. No more $30–$50 leaving your account every month.
• Increase Home Value: Owning your equipment is a selling point if you ever list your house.
• Your Choice of Brand: You aren't stuck with whatever the rental company provides. We recommend reliable brands like Bradford White.

 Renting works if you don't want to deal with the initial cost.

• Zero Upfront Cost: Good if you need a tank today but don't have the cash ready.
• Repairs Included: Usually, the rental company covers the service calls (though you're often paying for that "peace of mind" three times over in monthly fees).