• 22601
  • Property ID
  • Condo
  • Property Type
  • Toronton
  • Area/City
  • 20240326
  • Launch time
  • Pre Construction
  • Construction Status
  • 63
  • Number of Stories
  • 400
  • Number of Units

Details

Updated on June 14, 2024 at 1:07 pm
    • Project Name: Freed Hotel and Residences
    • Address: 240 Adelaide St W, Toronto, ON, Canada
    • Intersection: Adelaide and Duncan streets
    • Area/City: Toronton
    • Neighborhood: C01 waterfront communities Entertainment District.
    • Interior Designer(s): Design Agency
    • Selling Status: Selling
    • Construction Status: Pre Construction
    • Size Range(Sft): 270sqft-9,000sqft
    • Developer(s)/Builder(s): Freed Developments
    • Launch time: 20240326
    • Estimate Occupancy: 2030
    • Architect(s): Adrian Smith + Gordon Gill Architecture
    • Building Type: High-rise Condo/Hotel
    • Number of Stories: 63
    • Number of Units: 400
    • Unit Type: 117 hotel rooms & 399 luxury condominiums,
    • Price Range(CAD): From $584,900 - $6,449,900

Payment & Incentives

  • Payment StructureParking and Locker InformationMaintaince Fee
  • $10,000 on signing One Underground Parking Included with Penthouse Collection Maintenance: $0.87/ SF
  • Balance to 5% in 30 days, 5% in 180 days, All utilities separately metered (Heat, Hydro, Water)
  • 2.5% in 720 days, 2.5% in 1200 days, Bulk Internet package: $62.15 plus HST
  • 5% on occupancy $500/month for Valet Parking & Maintenance*

Description

Freed Hotel and Residences is a New Condo development by Freed Developments located at Adelaide St W & University Ave, Toronto.

​​​​​​​Freed Hotel & Residences brings luxury condominiums and hotel services to life at the epicentre of downtown Toronto.

Poised to be the city’s most coveted address, FHR will be further enhanced by the 10,000 sq. ft., world-famous Katsuya restaurant by SBE on the 2nd floor. This project will feature 100 5-star hotel rooms, 400 luxury condominiums, a boutique spa, and a world-class sky bar & restaurant on the 63rd floor. With the lobby featuring art by Takashi Murakami and its marketing campaign scored by Rüfüs Du Sol’s “Innerbloom”, this architectural marvel, designed by world-renowned Adrian Smith & Gordon Gill Architecture and interiors by DesignAgency, will be celebrated around the globe.

Building Detail

Lobby: Grand Lobby with 20ft Ceilings; Hotel and Residence Concierge; Art by Takashi Murakam
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; CoWorking 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

Freed Developments

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.

Walkscore

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