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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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240 Adelaide Street West

Entertainment District, Toronto

Freed Hotel & Residences

byFreed Developments
Size Range
275 - 3,969 sq ft
Storeys
63
Suites
376
Occupancy
2030
Sales Status
Developer Selling
Construction
Pre-Construction

About Freed Hotel & Residences

Freed Hotel & Residences is a new condominium development by Freed Developments currently in pre-construction located at 240 Adelaide Street West, Toronto in the Entertainment District neighbourhood with a 99/100 walk score and a 100/100 transit score. Freed Hotel & Residences is designed by Adrian Smith + Gordon Gill Architecture and will feature interior design by DesignAgency. Development is scheduled to be completed in 2030. The project is 63 storeys tall and has a total of 376 suites ranging from 275 sq.ft to 3969 sq.ft. Freed Hotel & Residences is the #1791 tallest condominium in Toronto and the #56 tallest condominium in Entertainment District. Suites are priced from $599,900 to $13,249,900.

Key Highlights

AI Generated
  • Prime Entertainment District Location — Located at 240 Adelaide Street West, enjoy a Walk Score of 99/100 and a perfect Transit Score of 100/100, placing you in the heart of Toronto's entertainment and financial districts.
  • Luxury Hotel & Residences Concept — Developed by Freed Developments, Freed Hotel & Residences offers an integrated living experience with a 5-star hotel, a flagship Katsuya restaurant, and a penthouse restaurant with CN Tower views.
  • Architectural Design & Artistry — The 63-storey building features architecture by Adrian Smith + Gordon Gill and interiors by DesignAgency, plus an art installation in the lobby by Takashi Murakami.
  • Diverse Suite Options — Choose from 376 suites ranging from 275 sq ft studios to expansive 3,969 sq ft 3-bedroom units, with prices starting from $599,900.
  • Comprehensive Amenities — Residents can enjoy over 21,000 sq ft of amenities, including a fitness center, boutique spa, resident lounge, outdoor pool, co-working space, and multiple entertainment rooms.
  • Attractive Deposit Structure — Take advantage of a flexible deposit structure: $10,000 on signing, balance to 5% in 30 days, 5% in 180 days, 2.5% in 720 days, 2.5% in 1200 days, and 5% on occupancy.

Unit Breakdown

Studio

Price Range

$599,900 - $849,900

Size

275 - 408 sq ft

Price / sq ft

$2,125/sq ft

1 Bed

Price Range

$994,900 - $1,069,900

Size

558 - 564 sq ft

Price / sq ft

$1,840/sq ft

2 Bed

Price Range

$1,104,900 - $1,883,900

Size

595 - 856 sq ft

Price / sq ft

$2,056/sq ft

3 Bed

Price Range

$1,956,900 - $13,249,900

Size

953 - 3,969 sq ft

Price / sq ft

$2,828/sq ft

Price History — $/sqft

Freed Hotel & Residences average price per square foot over time

Launch

$2097/sqft

Current

$2326/sqft

Change

↑ 10.9%(+$229)

Since

Mar 26, 2024

$1992$2105$2217$2330$2442Mar 24Jun 24Feb 26

Deposit Structure

MilestoneAmount
$10,000.00 On Signing$10,000.00
Balance to 5% - 30 daysBalance to 5%
5% - 180 days5%
2.5% - 720 days2.5%
2.5% - 1200 days2.5%
5% - Occupancy5%

Location & Scores

99
Walk ScoreWalker's Paradise
100
Transit ScoreWalker's Paradise
Open in Google Maps

Book a Consultation

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Nearby Market

Finding nearby buildings and listings...

Documents

Nearby Market

Buildings, sales, and listings near Freed Hotel & Residences

Nearby Buildings

295 Adelaide Street W9 active

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199 RICHMOND Street W7 active

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224 King Street W6 active

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30 Nelson Street6 active

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$438,000 – $750,000

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215 Queen Street W6 active

215 Queen Street W

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99 John Street4 active

99 John Street

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168 Simcoe Street4 active

168 Simcoe Street

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$478,000 – $1,199,000

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21 Nelson Street3 active

21 Nelson Street

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$393,000 – $1,299,000

~$992/sqft

140 Simcoe Street2 active

140 Simcoe Street

Waterfront Communities C1, Toronto

$520,000 – $679,000

~$1045/sqft

Recently Sold & Leased20 nearby transactions

Median $867/sqft

For Sale & Lease Nearby

21 Nelson Street, Unit Lph22
For Sale
23d on market

$1,299,000

2 Bed · 3 Bath · 1400-1599 sqft

21 Nelson Street, Unit Lph22

Waterfront Communities C1, Toronto

Maintenance: $1,338.81/mo

REAL BROKER ONTARIO LTD.

21 Nelson Street, Unit UPH04
For Lease
71d on market

$4,500/mo

1 Bed · 2 Bath · 1000-1199 sqft

21 Nelson Street, Unit UPH04

Waterfront Communities C1, Toronto

CENTURY 21 LEADING EDGE REALTY INC.

30 Nelson Street, Unit 1502
For Sale
29d on market

$750,000

2 Bed · 2 Bath · 700-799 sqft

30 Nelson Street, Unit 1502

Waterfront Communities C1, Toronto

Maintenance: $821.41/mo

EASTIDE REALTY

21 Nelson Street, Unit 1117
For Lease
63d on market

$3,950/mo

2 Bed · 2 Bath · 1000-1199 sqft

21 Nelson Street, Unit 1117

Waterfront Communities C1, Toronto

SOTHEBY'S INTERNATIONAL REALTY CANADA

30 Nelson Street, Unit 1602
For Sale
94d on market

$679,000

2 Bed · 2 Bath · 700-799 sqft

30 Nelson Street, Unit 1602

Waterfront Communities C1, Toronto

Maintenance: $657.52/mo

REMAX YOUR COMMUNITY REALTY

30 Nelson Street, Unit 2706
For Lease
28d on market

$3,000/mo

1 Bed · 1 Bath · 600-699 sqft

30 Nelson Street, Unit 2706

Waterfront Communities C1, Toronto

ICI SOURCE REAL ASSET SERVICES INC.

30 Nelson Street, Unit 2406
For Sale
161d on market

$660,000

1 Bed · 1 Bath · 600-699 sqft

30 Nelson Street, Unit 2406

Waterfront Communities C1, Toronto

Maintenance: $669.69/mo

MASTER`S TRUST REALTY INC.

21 nelson Street, Unit 1004
For Lease
7d on market

$2,980/mo

2 Bed · 2 Bath · 700-799 sqft

21 nelson Street, Unit 1004

Waterfront Communities C1, Toronto

RE/MAX IMPERIAL REALTY INC.

30 Nelson Street, Unit 408
For Sale
36d on market

$649,000

1 Bed · 1 Bath631 sqft(MLS: 600-699)

30 Nelson Street, Unit 408

Waterfront Communities C1, Toronto

Maintenance: $682.57/mo

REMAX YOUR COMMUNITY REALTY

21 Nelson Street, Unit 416
For Lease
47d on market

$2,900/mo

2 Bed · 2 Bath · 700-799 sqft

21 Nelson Street, Unit 416

University, Toronto

RE/MAX PARADIGM REAL ESTATE

30 Nelson Street, Unit 311
For Sale
49d on market

$649,000

1 Bed · 1 Bath694 sqft(MLS: 600-699)

30 Nelson Street, Unit 311

Waterfront Communities C1, Toronto

Maintenance: $718.79/mo

PROPERTY.CA INC.

21 Nelson Street, Unit 316
For Lease
29d on market

$2,850/mo

2 Bed · 2 Bath · 700-799 sqft

21 Nelson Street, Unit 316

University, Toronto

RE/MAX PARADIGM REAL ESTATE

21 Nelson Street, Unit LPH30
For Sale
51d on market

$644,900

1 Bed · 2 Bath600 sqft(MLS: 600-699)

21 Nelson Street, Unit LPH30

Waterfront Communities C1, Toronto

Maintenance: $560/mo

CMI REAL ESTATE INC.

21 Nelson Street, Unit 920
For Lease
24d on market

$2,850/mo

2 Bed · 2 Bath · 700-799 sqft

21 Nelson Street, Unit 920

Waterfront Communities C1, Toronto

RIGHT AT HOME REALTY

30 Nelson Street, Unit 426
For Sale
38d on market

$614,000

1 Bed · 1 Bath641 sqft(MLS: 600-699)

30 Nelson Street, Unit 426

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Maintenance: $628.39/mo

ONE PERCENT REALTY LTD.

30 Nelson Street, Unit 513
For Lease
44d on market

$2,850/mo

1 Bed · 1 Bath · 600-699 sqft

30 Nelson Street, Unit 513

Waterfront Communities C1, Toronto

VANGUARD REALTY BROKERAGE CORP.

30 Nelson Street, Unit 402
For Sale
206d on market

$438,000

Studio · 1 Bath · 0-499 sqft

30 Nelson Street, Unit 402

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Maintenance: $393.68/mo

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30 Nelson Street, Unit 2201
For Lease
48d on market

$2,200/mo

1 Bed · 1 Bath · 500-599 sqft

30 Nelson Street, Unit 2201

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T-ONE GROUP REALTY INC.,

21 Nelson Street, Unit 324
For Sale
57d on market

$393,000

1 Bed · 1 Bath424 sqft(MLS: 0-499)

21 Nelson Street, Unit 324

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Maintenance: $401.09/mo

EXECUTIVE REAL ESTATE SERVICES LTD.

30 Nelson Street, Unit 402
For Lease
81d on market

$2,100/mo

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30 Nelson Street, Unit 402

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HOMELIFE NEW WORLD REALTY INC.

30 Nelson Street
For Sale
35d on market

$150,000

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30 Duncan Street, Unit Lower Level - North
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14d on market

$27/mo

4,674 sqft

30 Duncan Street, Unit Lower Level - North

Waterfront Communities C1, Toronto

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30 Duncan Street, Unit 601
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14d on market

$27/mo

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30 Duncan Street, Unit 601

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30 Duncan Street, Unit 202
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275d on market

$27/mo

4,468 sqft

30 Duncan Street, Unit 202

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30 Duncan Street, Unit 203
For Lease
193d on market

$27/mo

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30 Duncan Street, Unit 203

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30 Duncan Street, Unit 102
For Lease
584d on market

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30 Duncan Street, Unit 102

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30 Duncan Street, Unit 302
For Lease
562d on market

$27/mo

4,033 sqft

30 Duncan Street, Unit 302

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14 Duncan Street, Unit 212
For Lease
946d on market

$15/mo

6,145 sqft

14 Duncan Street, Unit 212

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COLLIERS

14 Duncan Street, Unit 204
For Lease
946d on market

$10/mo

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14 Duncan Street, Unit 204

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COLLIERS

14 Duncan Street, Unit 208
For Lease
452d on market

$10/mo

882 sqft

14 Duncan Street, Unit 208

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COLLIERS

14 Duncan Street, Unit 206
For Lease
218d on market

$10/mo

2,694 sqft

14 Duncan Street, Unit 206

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COLLIERS

14 Duncan Street, Unit 200
For Lease
120d on market

$10/mo

845 sqft

14 Duncan Street, Unit 200

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COLLIERS

For Sale
$1,876/sqft
1on MLS
86 avg DOM
$469K
Developer
$2,326/sqft
22available
$600K–$13.2M

Floor Plans

22 of 50 available|$599,900 – $13,249,900|275 – 3969 sq ft|
0.0BR (16)1.0BR (7)2.0BR (17)3.0BR (10)
Beds:
Baths:
Sort:
S.8 floor plan
Click to enlarge

S.8

Available
Studio1.0 Bath275 sq ft

$599,900

S.7 BF floor plan
Click to enlarge

S.7 BF

Available
Studio1.0 Bath391 sq ft

$824,900

S.2 floor plan
Click to enlarge

S.2

Available
Studio1.0 Bath408 sq ft

$849,900

1.1C floor plan
Click to enlarge

1.1C

Available
1 Bed1.0 Bath558 sq ft

$994,900

1.1 floor plan
Click to enlarge

1.1

Available
1 Bed1.0 Bath564 sq ft

$1,069,900

2.1A floor plan
Click to enlarge

2.1A

Available
2 Bed1.0 Bath595 sq ft

$1,214,900

2.1 floor plan
Click to enlarge

2.1

Available
2 Bed1.0 Bath595 sq ft

$1,104,900

2.1B floor plan
Click to enlarge

2.1B

Available
2 Bed1.0 Bath609 sq ft

$1,224,900

2.8A floor plan
Click to enlarge

2.8A

Available
2 Bed2.0 Bath721 sq ft

$1,579,900

2.4 floor plan
Click to enlarge

2.4

Available
2 Bed2.0 Bath733 sq ft

$1,409,900

2.8 floor plan
Click to enlarge

2.8

Available
2 Bed2.0 Bath744 sq ft

$1,619,900

2.4 BF floor plan
Click to enlarge

2.4 BF

Available
2 Bed2.0 Bath758 sq ft

$1,429,900

2.9 BF floor plan
Click to enlarge

2.9 BF

Available
2 Bed2.0 Bath818 sq ft

$1,812,900

2.7 floor plan
Click to enlarge

2.7

Available
2 Bed2.0 Bath856 sq ft

$1,883,900

3.1 floor plan
Click to enlarge

3.1

Available
3 Bed2.0 Bath953 sq ft

$1,956,900

3.1A floor plan
Click to enlarge

3.1A

Available
3 Bed2.0 Bath1007 sq ft

$2,159,900

3.2 BF floor plan
Click to enlarge

3.2 BF

Available
3 Bed2.0 Bath1226 sq ft

$2,575,900

PH.3 floor plan
Click to enlarge

PH.3

Available
3 Bed2.5 Bath1961 sq ft

$6,449,900

PH.1 BF floor plan
Click to enlarge

PH.1 BF

Available
3 Bed2.5 Bath1984 sq ft

$6,249,900

PH.2 floor plan
Click to enlarge

PH.2

Available
3 Bed2.5 Bath2010 sq ft

$6,399,900

PH. 1 - Option 1 floor plan
Click to enlarge

PH. 1 - Option 1

Available
3 Bed3.5 Bath3969 sq ft

$13,249,900

PH. 1 - Option 2 floor plan
Click to enlarge

PH. 1 - Option 2

Available
3 Bed3.5 Bath3897 sq ft

$13,099,900

Current Availability

#201 - 6472 Rama RoadResale86d on market

$469,000

#201 - 6472 Rama Road

Studio1 Bath1 Parking
0-499 sqft

Maint. $365/mo

RIGHT AT HOME REALTY

Red Bricks Intelligence uses a multi-layered, AI-enhanced algorithm to match floor plans and sizing to units. While we strive for a high degree of accuracy, errors may occur. Buyers should independently verify all unit specifications.