Freed Hotel and Residences

Freed Developments

Location: 240 Adelaide Street West, Toronto

About

Freed Hotel & Residences is an upcoming 63-storey mixed-use development set to redefine luxury living in downtown Toronto. Situated at the intersection of Adelaide and Duncan, this architectural marvel will feature 100 five-star hotel rooms and 400 luxury condominiums. Designed by the renowned Adrian Smith + Gordon Gill Architecture, the building will seamlessly blend residential and hospitality spaces, offering residents unparalleled amenities and services.

What You Need To Know

Developer: Freed Developments
Location: 240 Adelaide Street West, Toronto, ON
Project Type: Mixed-use condominium and hotel
Number of Units: 400 luxury condominiums
Suite Types: Studio to Penthouse Suites
Size Range: Approximately 270 sq ft to 9,000 sq ft
Starting Prices: From $569,900
Estimated Occupancy: Fall 2028

Mobility

Transit Score

Bike Score

Walk Score

Freed Hotel & Residences boasts exceptional connectivity:

Public Transit: Steps away from Osgoode and St. Andrew subway stations, providing seamless access to the city’s transit network.
Walkability: Located in a walker’s paradise with a perfect score of 100/100, ensuring all essential amenities are within easy reach.
Proximity to Landmarks: Close to major attractions, including the Financial and Entertainment Districts, world-class dining, shopping, and cultural venues.

Key Details

Deposit Structure:

$10,000 on Signing
Balance to 5% in 30 Days
5% in 180 Days
2.5% in 720 Days
2.5% in 1,200 Days
5% on Occupancy

Maintenance Fees: To be announced

Incentives:

Capped Development Charges
Free Assignment
Right to Lease during Interim Occupancy
Access to exclusive amenities and services

Amenities

Residents will enjoy over 21,000 sq ft of world-class amenities, including:

Lobby: Grand lobby with 20 ft ceilings, featuring art by Takashi Murakami, and dedicated hotel and residence concierge services.
Dining: 10,000 sq ft Katsuya restaurant on the second floor, marking its flagship location in Toronto.
Wellness: Boutique spa with complimentary wellness offerings, fully equipped fitness facilities, and change rooms.
Recreation: Outdoor pool with lounge and bar, screening/media room, co-working lounge, and multi-purpose entertainment rooms.
Skybar: Penthouse restaurant and bar on the 63rd floor, offering unparalleled views of the city and CN Tower.

Developer

Freed Developments has been a transformative force in Toronto’s real estate landscape for over 25 years. Known for their unique brand of experience-based developments, Freed’s portfolio encompasses luxurious modern condominiums, resort communities, and commercial spaces. Their commitment to integrating lifestyle, design, and convenience has redefined urban living in Toronto.

Why Invest in Downtown Toronto?

Downtown Toronto is a vibrant hub of culture, business, and entertainment. Investing in Freed Hotel & Residences offers unparalleled access to the city’s finest amenities, a high walkability score, and proximity to major transit routes. The area’s robust real estate market and continuous growth make it a prime location for both living and investment.