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Freed Hotel & Residences240 Adelaide Street West, Toronto, Ontario, M5H 1W7

For Sale From $599,900
i
The prices displayed are indicative and based on recent updates. Please note that current prices may vary due to market conditions.
  • Residential Icon
    Residential
  • Comercial Icon
    Commercial
  • project status
    Project Status : Pre-Construction
  • developer img
    Developer : Freed Developments
project size image
Project Size
  • 1 Building
  • 493 Units
project size image
Home Types
  • Condos
building outline
Property Mix
  • Studio(294)
  • 1 Bed(54)
  • 2 Bed(130)
  • 3 Bed(41)

Freed Hotel & Residences - Project Description

Freed Hotel & Residences is a 63-storey luxury high-rise developed by Freed Developments in the Entertainment District at 240 Adelaide Street West, Toronto. This prime location offers seamless access to top attractions like the Financial District, TIFF Bell Lightbox, CN Tower, Rogers Centre, and Scotiabank Arena. With a Walk Score of 100, residents can enjoy the best of downtown Toronto, including fine dining, shopping, and cultural landmarks. The area is well-connected with Osgoode and St. Andrew subway stations, 24-hour streetcars, Union Station, and the Gardiner Expressway, making travel convenient.

Freed Hotel & Residences features 400 residential suites and a five-star hotel on Levels 2-13. The residential units offer studio to four-bedroom layouts, and other units include commercial spaces and retail outlets. This new condominium for sale is an excellent investment opportunity for buyers looking for new condos in the Entertainment District.

Residents will have access to world-class amenities spanning over 21,000 sq. ft. Level 5 includes a fitness centre, boutique spa, and resident lounge with an outdoor terrace. Level 6 features an outdoor pool, poolside bar, media room, co-working space, and entertainment rooms. The Penthouse levels (62 & 63) house an exclusive rooftop restaurant with breathtaking views of the city and CN Tower. This new condo development in Toronto is designed for a luxurious lifestyle.

Freed Hotel & Residences - Unit Plans

S.8A
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S.8A
  • 1 Bath
  • 275 sqft. sqft. Sq. Ft.
$2,181/ft$599,900
S.8
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S.8
  • 1 Bath
  • 275 sqft. sqft. Sq. Ft.
$2,181/ft$599,900
S.3
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S.3
  • 1 Bath
  • 306 sqft. sqft. Sq. Ft.
$2,181/ft$779,900
S.5
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S.5
  • 1 Bath
  • 383 sqft. sqft. Sq. Ft.
$2,181/ft$879,900
View All

Freed Hotel & Residences - Total Units

1 Bedrooms 54
3+ Bedrooms 41
2 Bedrooms 130
Total Number of Units 493
Studio 294
Condo Units 415

Freed Hotel & Residences - Project Attributes

FAR/FSI 33
Max Height (m) 219
Total GFA (m²) 38977
Max Storeys 63
Residential GFA (m²) 30864
Underground Levels 3
Building Units 493

Freed Hotel & Residences - Parking

Total Vehicular Parking 75
Visitor Parking 75
Bike Parking 416

Freed Hotel & Residences - Access and Services

Road Access Municipal Street
Green Standards Tier 1
Municipal Sanitary Sewers Connected
Rishi Raj Tiwari
Sales Representative / Broker
64X-49X-XXXX

Freed Hotel & Residences - Development Team

DEVELOPER
Freed Developments
  • Total Projects 19
  • Pre Construction 3
  • Under Construction 2
  • Completed 14
ARCHITECT
AS + GG Architecture
  • Total Projects 5
  • Pre Construction 4
  • Under Construction -
  • Completed 1
INTERIOR DESIGNER
DesignAgency
  • Total Projects 35
  • Pre Construction 2
  • Under Construction 11
  • Completed 22

Key Highlights

Freed Hotel & Residences is a luxury mixed-use development in Toronto’s Entertainment District. With premium residential units, this tower offers an elevated urban lifestyle. It is one of the most anticipated new-build homes in the area. Investors can expect an array of amenities to help them ease into a convenient lifestyle. Below are the amenities you will find at the Freed Hotel and Residences. 

  • Concierge Services

  • Fitness Centre

  • Boutique Spa

  • Outdoor Swimming Pool

  • Poolside Bar

  • Co-working Lounge

  • Media & Entertainment Rooms

  • Resident Lounge with Terrace

  • Penthouse Rooftop Restaurant

Why Invest In?

Freed Hotel & Residences is a highly anticipated luxury development in downtown Toronto’s Entertainment District. With its prime location, world-class amenities, and high investment potential, this project is set to be a landmark in urban living. It offers a unique blend of residential, hotel, and retail spaces. It delivers an excellent opportunity for homebuyers and investors looking for under-construction homes in Toronto.

Prime Location in Toronto


The development is situated at 240 Adelaide Street West, placing residents in one of Toronto’s most vibrant and sought-after neighbourhoods. The Entertainment District is known for its high demand, cultural attractions, and economic growth. With easy access to financial hubs, luxury shopping, and entertainment venues, these under-construction homes are positioned for strong property appreciation. Nearby landmarks include the Financial District, TIFF Bell Lightbox, Roy Thomson Hall, Princess of Wales Theatre, King Street’s fine dining and Queen West’s trendy retail stores.


Strong Connectivity & Transportation


Freed Hotel & Residences offers excellent connectivity, making it a top choice for buyers seeking new condos in the Entertainment District. Transportation highlights include:


  • Steps from Osgoode & St. Andrew Subway Stations - Provides quick access to Toronto’s major transit network.

  • Near 24-Hour Streetcar Routes - This ensures round-the-clock transportation across the city.

  • It is within walking distance of Union Station and connects GO Transit, VIA Rail, and the UP Express to Pearson Airport.

  • Easy access to the Gardiner Expressway allows quick travel to surrounding GTA areas.

  • Minutes from Billy Bishop Toronto City Airport - Ideal for business travellers and frequent flyers.


Luxury Amenities & Lifestyle Features

Freed Hotel & Residences is designed for an upscale lifestyle, making it a prime choice for those looking for new condo developments in Toronto. The development features:


  • Grand Lobby with 20-ft Ceilings - Designed with artwork by Takashi Murakami, providing a stunning first impression.

  • Boutique Spa & Wellness Centre offers relaxation and premium health services.

  • Outdoor Swimming Pool & Poolside Bar - Perfect for leisure and social gatherings.

  • Fitness & Yoga Centre - Equipped with modern workout facilities.

  • Co-Working Lounge & Media Rooms - Ideal for professionals working remotely.

  • Penthouse Rooftop Restaurant (Levels 62 & 63) - Offers breathtaking views of the CN Tower and city skyline.


High Rental Demand & Strong Investment Potential

Freed Hotel & Residences is in a high-demand area with growing job opportunities, making it a top choice for those seeking new homes in Toronto. The investment potential includes:


  • High Demand for Premium Condos - Toronto’s luxury condo market is constantly appreciating.

  • Proximity to Major Employers - Ideal for professionals in the Financial District and tech sector.

  • Short-Term Rental Potential - With a built-in five-star hotel, there is potential for high rental yields.

  • Future Downtown Growth & Revitalisation - New infrastructure projects and commercial developments will increase property values.

About Street

Freed Hotel & Residences is located at 240 Adelaide Street West, Toronto, in the heart of the Entertainment District. This prime address places residents in one of Toronto’s most vibrant and sought-after neighbourhoods. The area is well-known for its high-rise condos, entertainment venues, fine dining, and cultural hotspots. For those looking for new homes in Toronto, this location offers everything at their doorstep.

Livability & Amenities 


  • Livability Score: A decent ranking, higher than most areas in Toronto.

  • Parks & Green Spaces: Close to Simcoe Park, Isabella Valancy Crawford Park, Roundhouse Park, and more.

  • Entertainment & Lifestyle: Surrounded by Toronto’s best theatres, music venues, restaurants, and nightlife spots.

  • Essential Services: Supermarkets, pharmacies, and medical centres are all within walking distance.


Seamless Connectivity


  • Walk Score: A walker’s paradise, with everything accessible on foot.

  • Transit Score: Steps from Osgoode and St. Andrew Subway Stations.

  • Streetcars & Buses: A 24-hour streetcar service is available on King Street West.

  • Driving Access: Minutes away from Gardiner Expressway, connecting residents to the GTA and beyond.


Top Schools & Education


  • Proximity to renowned institutions: Ryerson University, OCAD University, and the University of Toronto are nearby, making it ideal for students and young professionals.

  • Nearby Schools include Ogden Junior Public School, St. Michael’s Choir School, and St. Mary Catholic School.

Freed Hotel & Residences - Location Map and Landmarks

  • Osgoode Subway, Toronto 0.29 km
  • St Andrew Subway, Toronto 0.31 km
  • St Patrick Subway, Toronto 0.72 km
  • Union Train Station, Toronto 0.76 km
  • Union Go Station, Toronto 0.77 km
  • Union Station Subway, Toronto 0.78 km
  • King Subway, Toronto 0.86 km
  • Queen Subway, Toronto 0.87 km
  • Dundas Subway, Toronto 1.1 km
  • Queen'S Park Subway, Toronto 1.29 km
  • Ronald Mcdonald House Charities, Toronto 1.17 km
  • Grade Learning Central, Toronto 1.22 km
  • Braemar College, Toronto 1.3 km
  • Ymca Academy, Toronto 1.69 km
  • Canadas National Ballet, Toronto 1.92 km
  • Taie International Institute, Toronto 2.15 km
  • Abelard Centre For Education, Toronto 2.18 km
  • Rosedale Day School, Toronto 2.29 km
  • Voice Integrative School, Toronto 2.31 km
  • University Of Schools, Toronto 2.33 km
  • University Health Network - Toronto Rehabilitation Institute, Toronto 0.92 km
  • The Leroy And Elizabeth Macmillan Plastic Surgery Clinic, Toronto 0.99 km
  • The Women'S Auxiliary Play Park, Toronto 1.0 km
  • Sinai Health System - Mount Sinai, Toronto 1.02 km
  • Mount Sinai Hospital, Toronto 1.03 km
  • Hospital for Sick Children, Toronto 1.04 km
  • St. Michael's, Toronto 1.04 km
  • The Hospital For Sick Children, Toronto 1.04 km
  • University Health Network - Princess Margaret Cancer Centre, Toronto 1.08 km
  • Princess Margaret Hosp, Toronto 1.1 km

Major Intersection Near by Freed Hotel & Residences

  • Adelaide Street West and Duncan Street 0.03 km
  • Richmond Street West and Duncan Street 0.13 km
  • Adelaide Street West and Simcoe Street 0.15 km
  • Adelaide Street West and John Street 0.16 km
  • King Street West and Ed Mirvish Way 0.16 km
  • Richmond Street West and Simcoe Street 0.20 km
  • Richmond Street West and John Street 0.20 km
  • Queen Street West and Duncan Street 0.22 km
  • King Street West and Simcoe Street 0.22 km
  • Mccaul Street and Queen Street West 0.22 km

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Frequently Asked Questions (FAQs)

  1. 1. Where is Freed Hotel & Residences located?

    Freed Hotel & Residences is in the Entertainment District at 240 Adelaide Street West, Toronto.

  2. 2. How can I book a unit in Freed Hotel & Residences?

    To book a unit, contact Freed Developments directly or register your interest on their website. You can also book your unit through Square Yards. The sales teams typically provide further assistance with unit selection, pricing, and reservation procedures.

  3. 3. What types of units are available at Freed Hotel & Residences?

    Freed Hotel & Residences offers a variety of residential units, ranging from studio layouts to spacious four-bedroom configurations.

  4. 4. What should I consider before purchasing a new home in the Entertainment District?

    Before purchasing, consider the property’s proximity to amenities, public transport connectivity, and future growth potential. Assess the neighbourhood’s vibe, lifestyle offerings, and investment prospects.

  5. 5. What amenities are available for residents of Freed Hotel & Residences?

    Residents can enjoy world-class amenities, including a concierge service, boutique spa, fitness centre, outdoor pool, co-working lounge, entertainment rooms, rooftop restaurant, and more.

  6. 6. What is the postal code for Freed Hotel & Residences?

    The postal code for Freed Hotel & Residences is M5H 1Y2.

  7. 7. Is Freed Hotel & Residences good for investment?

    Freed Hotel & Residences is a great investment opportunity due to its prime location, luxury offerings, and high demand in Toronto’s real estate market. The area’s economic growth and rental demand further boost its potential for property appreciation.

Disclaimer

This website ("www.squareyards.ca") is intended solely for informational purposes regarding real estate projects in various locations. Any information provided on this website does not constitute an advertisement or solicitation. Square Yards Real Estate Inc ("The Company") does not guarantee the accuracy of the information or the compliance of the projects. The Company makes every effort to ensure accurate information, however, we are not liable for the consequences of any use or misuse of the site's information. The information on www.squareyards.ca is neither intended to be nor substitute a professional legal, tax, investment or accounting advice. We strongly recommend users to obtain independent legal, tax, investment or accounting advice before acting on any information on this website. The information displayed on www.squareyards.ca is for reference only. Please read our Terms and Conditions for better understanding of our products & offerings and exceptions thereof.
Rishi Raj Tiwari
Sales Representative / Broker
64X-49X-XXXX
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