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| Square Footage | Furnace BTU |
|---|---|
| 1,000-1,200 sq. ft. Home | 40,000 - 60,000 BTU |
| 1,200-1,500 sq. ft. Home | 60,000 BTU |
| 1,500-1,800 sq. ft. Home | 60,000 - 80,000 BTU |
| 1,800-2,500 sq. ft. Home | 80,000 - 100,000 BTU |
| 2,500-3,500 sq. ft. Home | 100,000 to 120,000 BTU |
If you’re ready to invest in a premium, high-performance furnace from one of the industry’s most trusted brands, the Rheem Prestige Series R98V is a standout choice. This Rheem R98V Furnace Review highlights exceptional efficiency with an AFUE rating of up to 98.7%, making it one of the most energy-efficient furnaces available today. Designed to offer superior comfort, quiet performance, and long-lasting durability, it provides substantial savings on utility bills while maintaining a comfortable indoor environment year-round.
Average Price (Installed): $5,670 – $6,750
Top Features
ECM motor with modulating operation
Rheem-Exclusive PlusOne™ Diagnostics (industry-first diagnostic tool)
98.7% AFUE efficiency rating
PlusOne™ Ignition System with Direct Spark Ignition (DSI)
PlusOne™ Water Management System with Blocked Drain Sensor
ENERGY STAR® certified
The Rheem R98V Furnace Review shows that the Rheem R98V is a premium, high-efficiency furnace designed for homeowners who want maximum performance and energy savings. It’s quiet, durable, and easy to install and maintain. With an ENERGY STAR® rating and Rheem’s innovative PlusOne™ systems, this model provides reliable heating, excellent humidity control, and long-term value for your investment.
Sub-models available:
R98VA060M317U, R98VA070M317U, R98VA085M521U, R98VA100M521U, R98VA115M524U
BTU Input: 56,000 – 112,000
BTU Output: 55,000 – 110,000
The Rheem Prestige Series R98V is engineered with an innovative airflow system that reduces operating noise by up to 20%, ensuring a quieter, more comfortable indoor environment. Its modulating gas valve adjusts heating output in small increments to maintain an even temperature throughout your home — minimizing cold spots and improving air distribution (though results depend on your home’s ductwork design).
Equipped with a variable-speed ECM motor, the R98V efficiently controls humidity and enhances comfort without increasing energy consumption. This means your home stays warm and dry even during freezing winter temperatures while keeping utility costs under control.
Servicing the R98V is simple thanks to Rheem’s PlusOne™ Diagnostics 7-Segment LED Display, which provides quick, accurate system status updates to technicians. Combined with its easy installation and accessible design, this furnace helps homeowners save money on both initial setup and long-term maintenance.
The R98V adapts to your thermostat type, offering flexible performance options:
EcoNet® Modulating Thermostat: Operates continuously between 40% and 100% capacity for precise temperature control.
Two-Stage Thermostat: Runs at 40%, 65%, or 100% capacity depending on heating demand.
Single-Stage Thermostat: Functions in three stages — 40%, 65%, and 100% — for efficient, comfortable heating.
This flexibility helps maintain steady indoor comfort while optimizing energy use.
CSA-certified 98% residential gas furnace
Modulating operation for consistent indoor comfort
Patented heat exchanger design for maximum energy efficiency
EcoNet® enabled for smart control and monitoring
As highlighted in this Rheem R98V Furnace Review, the Rheem Prestige Series R98V includes some of the best warranty coverage Rheem offers:
Lifetime heat exchanger limited warranty
10-year limited parts warranty
Conditional unit replacement warranty (available upon registration)
To receive full benefits, homeowners must register their product shortly after installation.
Rheem Prestige Series R96V – A more affordable option with a 96% AFUE rating and a two-stage variable-speed ECM motor. While it’s slightly less efficient, it still offers excellent humidity control, quiet performance, and reliable heating — all at a lower cost.
Rheem Prestige Series R97V – Nearly identical in design and functionality to the R98V, this model features a modulating variable-speed ECM motor, 97% AFUE, and ENERGY STAR® certification. It provides excellent comfort and efficiency, qualifying for most local energy rebate programs. The R98V, however, takes efficiency a step further with its higher 98.7% AFUE rating.
The Rheem Prestige Series R98V stands at the top of Rheem’s furnace lineup. With its ultra-high efficiency, advanced modulation, and quiet operation, it delivers the best combination of comfort, control, and long-term savings that Rheem has to offer.
The installation or replacement cost of any furnace, air conditioner, or heat pump in Canada can vary based on several important factors:
Size of the home and required furnace sizing
Your province and climate conditions (Ontario, hamilton, burlington, etc.)
Overall installation difficulty and labour hours
The need for ductwork upgrades
Pricing and experience of local HVAC contractors
We proudly help homeowners across Canada compare furnace prices, get installation quotes, and find trusted HVAC contractors. Here are some of the top cities where we provide service:
Whether you’re upgrading your furnace, replacing an old system, or comparing HVAC quotes, our certified contractors are available to assist you in all major regions across Ontario and beyond.
Get free quotes from trusted HVAC professionals in your city and compare furnace installation costs instantly.
We partner with installers affiliated with recognized industry organizations, including:
These affiliations ensure reliable service, certified expertise, and consistent installation quality across Canada.
1. Is the Rheem R98V a good furnace?
Yes, it’s one of Rheem’s top models with ultra-high 98.7% efficiency and quiet performance.
2. How much does the Rheem R98V cost?
Installed pricing typically ranges from $5,670 – $6,750 depending on home size and setup.
3. Does the Rheem R98V qualify for rebates?
Yes, its ENERGY STAR® rating often qualifies for local utility or government rebates.
4. What thermostat works best with the R98V?
The EcoNet® modulating thermostat provides the most precise comfort and efficiency.
