Condos for Sale in Old Toronto – Freed Hotel and Residences by Freed Developments Ltd.

Project Overview

Freed Developments Ltd. is planning Freed Hotel and Residences at 240 Adelaide Street West, placing this pre-construction project directly in Toronto’s Entertainment District. The building is set to rise 63 storeys with 415 units, with prices ranging from $599,900 to $13,249,900. For buyers who want a downtown address that is genuinely central, this stretch of Adelaide puts you within easy walking distance of the Financial District, King West, the theatre district, and a long list of restaurants, hotels, and daily services. Union Station is accessible on foot for GO Transit, VIA Rail, and subway connections, and the PATH network is also close by for year-round downtown movement. This is the kind of location that works for both end users and investors because the surrounding area has established demand from professionals, corporate tenants, and buyers who want to be close to offices and major cultural venues. The amenity package is positioned more like an upscale hotel than a typical condo building, including concierge service, private spaces for entertaining and dining, a private theatre room, hotel spa, rooftop pool, and gym. In practical terms, buyers should view this as a large-scale luxury downtown project in one of the most active parts of Old Toronto, with a full-service feature set and a location that offers genuine convenience rather than relying on future neighbourhood change.