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About project

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Introducing an exciting new venture nestled in the vibrant heart of Toronto: the Freed Hotel & Residences project! Get ready to be captivated by this incredible opportunity to experience luxury living like never before.

Location: 240 Adelaide Street West, Toronto, Ontario, M5H 1W7, right at the corner of Adelaide St W & University Avenue.

Quick facts:

  • Number of Stories: 63 Storeys
  • Number of units: 400 luxury condominiums
  • Category: Residential (Hotel, Condo), Commercial (Retail)
  • Status: Pre-Construction
  • Number of Buildings: 1
  • Size: 270sqft-9,000sqft
  • Developer: Freed Developments 
  • Architect: Smith & Gill Architecture
  • Occupancy: Estimated 2031
  • No of Bedrooms: Studio – 4 Bedrooms

Freed Hotel & Residences is not just a residence; it's an experience tailored to elevate every aspect of modern living. Whether you seek relaxation, fitness, professional growth, or social connections, Freed offers a lifestyle that exceeds expectations.

LOCATION: It's a gateway to a dynamic neighborhood. Surrounded by the Fashion District's creativity, the Entertainment District's lively energy, the Financial District's professionalism, Chinatown's cultural richness, Queen West's artistic flair.

Tower Collection - ТУРЕ and STARTING PRICE

  • Studio - $569,900
  • 1 Bedroom - $969,900
  • 2 Bedroom - $1,069,900
  • 3 Bedroom - $1,956,900


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
  • Levels 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
  • Amenities: Over 21,000sqft Including 24 Hours Concierge

Transportation: Freed Hotel & Residences offers unparalleled transportation convenience with a perfect transit score of 100. The development is well-served by over 15 public transit routes, with easy access to St. Andrew and Osgoode Subway stations and the Gardiner Expressway for motorists. Union Station, a hub for key landmarks and educational institutions like the University of Toronto, George Brown College, Ryerson University, and OCAD University, is just a short ride away, making commutes effortless for residents.

Reason To Invest In Downtown Toronto:

  • Economic Hub - always in a high demand, this demand typically ensures strong rental yields and appreciating property values
  • Lifestyle Appeal - downtown Toronto offers an enriched urban living experience, mix of entertainment, arts, and culinary experiences.
  • Connectivity - extensive public transportation network, including subway lines, streetcars, and buses, making it incredibly easy to navigate.

ABOUT THE DEVELOPER: For over 25 years, Freed has been changing the face of Toronto with its unique brand of experience-based developments. Freed’s portfolio includes luxurious modern condominium developments, F&B ventures, resort communities, and commercial spaces. The firm’s competitive advantage lies in its vertically and horizontally integrated approach, which aligns developments with an effective construction, marketing, sales, and management strategy to amplify the brand, engage with communities, provide best-in-class service and create investment opportunities.