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Homeowner guideHot water guide

Tank vs Tankless Water Heater: Which Fits?

Tank or tankless is one of the most common questions we hear when a water heater is due. There is no single right answer, but there is a right answer for your house.

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The short version

  • Does the hot water give out before everyone has showered?
  • How many showers are on at once on a busy morning?
  • Do you need the floor space?
  • Is your gas meter and line big enough for a tankless unit?
  • Are you willing to do or pay for yearly maintenance?
  • Are you renting your current tank?

How each works

A tank heater keeps 40 to 75 gallons of water hot and ready. A tankless unit heats water on demand, firing only while a tap runs.

Side by side

PointTankTankless
Upfront costLowerHigher, especially with gas line upgrades
How much hot waterWhatever the tank holdsEndless, but capped per minute
SpaceFloor spaceWall-mounted
LifespanOften 10 to 15 yearsOften 15 to 20 years with care
MaintenanceOccasional flushingYearly descaling advised
Energy useSome standby lossNo standby loss

Markham factors

Incoming water is cold in winter, so tankless units must be sized for a large temperature rise. Moderate hardness means scale builds up in heat exchangers. Many homes rent tanks, and ending a rental can involve a buyout. These all affect the decision.

From the van: A tankless unit that is too small will deliver lukewarm water when two showers run at once in January. Size it for winter.

Our approach

We ask how you use hot water, check your gas supply and venting options, and give you honest numbers for both choices. Sometimes a well-sized tank is the better value. Sometimes tankless is a clear win. You decide with the facts in front of you.

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