Freed Hotel & Residences

Freed Hotel & Residences, a mixed-use condominium project by Freed Developments, is set for pre-construction at the prime location of 240 Adelaide St W, Toronto. Situated on the northeast corner of Adelaide Street West and Duncan Street, this ambitious development promises to redefine luxury living and hospitality in the area.

Discover the epitome of luxury and convenience in the heart of Toronto’s bustling cityscape with Freed Hotel & Residences, a stunning new development by Freed Developments. Situated at the prestigious 240 Adelaide Street West, this transformative project embodies the “Live Freed” ethos – a blend of upscale living, work flexibility, and vibrant social spaces.

VIP Access to this project is now available through Toronto Realty Boutique – easily submit your details through the form on this page and we’ll send you the current floor plans, pricing and project details directly to your inbox. 

Redefining Downtown Living

Freed Hotel & Residences is a pre-construction condo project that will be developed by Freed Developments at 240 Adelaide Street West. This ambitious project seamlessly combines opulent living with the convenience of downtown proximity.

Picture a lifestyle where renowned restaurants, vibrant retail, esteemed educational institutions, and crucial transit links, including Osgoode and St. Andrew subway stations, are all within a leisurely stroll.

Soaring 63 stories, this mixed-use marvel presents a distinctive fusion of residential, retail, and office spaces, crafted to meet the dynamic needs of professionals, students, and families alike. Immerse yourself in the urban essence at Freed Hotel & Residences, where each day unfolds as an opportunity to embrace the energy and allure of Toronto’s most coveted neighbourhood.

Building Details

Lobby: Grand Lobby with 20ft Ceilings; Hotel and Residence Concierge; Art by Takashi Murakami

Levels 2-13: 5-Star Hotel

Level 2: Katsuya – 10,000sqft Restaurant, New Toronto Flagship Location

Level 5: Fitness facilities; Change Rooms; Boutique spa with complimentary wellness offerings; Resident lounge with adjoining outdoor terrace

Level 6: Outdoor pool; Pool Lounge and Bar; Screening/Media room; Co-Working Lounge; Multiple-purpose Entertainment Rooms

Levels 14-61: Residential

Levels 62-63: Penthouse Restaurant – with unparalleled views of the city & CN Tower

Deposit Structure & Incentives

$10,000 on signing
Balance to 5% in 30 days
5% in 180 days
2.5% in 720 days
2.5% in 1200 days
5% on occupancy

Capped development & municipal charges
Studio – 1-bed suites: $19,500
2 & 3-bed suites: $24,500
Free assignment
Right to lease during occupancy

Why We Love Freed Hotel & Residences

Location
Located in one of the most prime downtown addresses, Freed Hotel & Residences is surrounded by Toronto’s top neighbourhoods including the Fashion District, Financial District, and Queen West. Experience an array of arts, culture, and culinary delights in the adjacent Chinatown or Kensington Market. The epitome of the Freed mantra, “Live Freed”, provides residents with a culturally rich and convenient living experience.

Connectivity
Freed Hotel & Residences will be one of the most connected hotel residences in Toronto, as it features a perfect transit score of 100/100. It also features a 99/100 walk score, meaning residents will have access to many options when it comes to getting around or in and out of the downtown core. These top connectivity scores will make Freed Hotel & Residences a top pick for various renting clients looking for a prime address with all that Toronto living has to offer.

Amenities
Freed Hotel & Residences goes beyond the ordinary with its array of world-class amenities. Hotel Living is a sought-after lifestyle, and the success of many similar 5-star brands in Toronto proves this will be a huge success at launch. The building, a glass skyscraper, will feature outdoor shared spaces, retail outlets, and dedicated hotel floors, bringing a sense of community and vibrancy to the “Hotel Living” concept.

Living in the Entertainment District

The Entertainment District is the heart of Toronto’s cultural and entertainment scene. Whether you’re drawn to its bustling theatres, diverse culinary offerings, or modern living spaces, the Entertainment District provides an unmatched urban living experience.

With its rich array of amenities, easy access to the city’s best attractions, and vibrant community vibe, the Entertainment District continues to captivate both residents and visitors alike, establishing itself as one of Toronto’s most exciting and dynamic areas.

About the Developer

For over 25 years, Freed has been reshaping the urban fabric of Toronto with its unique approach to development, emphasizing experiential living. Peter Freed is the CEO of Freed Developments. The portfolio of Freed spans sophisticated contemporary condos, food and beverage ventures, resort-like communities, and business spaces.

Freed’s competitive advantage lies in its holistic integration strategy, applied both vertically and horizontally, streamlining development, construction efficiency, dynamic advertising, forward-thinking sales, and proficient management. This orchestrated effort not only boosts the Freed identity but also cultivates community involvement, guarantees premium service, and creates investment opportunities.

Buying with TRB – Platinum & VIP Brokers

• Guaranteed first access for our clients
• Launch platinum VIP pricing
• Exclusive special TRB incentives & promotions
• Purchase with the lowest prices available at launch
• Pre-public access before the general broker community or public launch
• First access to the best floor plans
• Exclusive full financial analysis of future projected rents & profitability