Installing a tankless combination boiler in the furnace room or other suitable cupboard will give continuous hot water on demand to the whole house, and controllable heat under foot with a room thermostat making the basement a more comfortable place for recreation all year round.

 

The picture shows a typical installation of a tankless combination heater and the heating circuit just below the floor level buried in the concrete floor, this then can be covered with your floor finish, carpet, hardwood laminate etc.