Freed Hotel & Residences, a prestigious condominium project crafted by Freed Developments, is poised to redefine Toronto’s Entertainment District. Positioned at the prominent address of 240 Adelaide Street West, Toronto, Ontario, M5H 1W7, this iconic development rises from the historic grounds of the former Crocodile Rock Bar. Soaring 63 stories high, it offers 399 residential units meticulously designed to accommodate diverse lifestyle preferences. Nestled in the vibrant heart of the Entertainment District, residents can indulge in close proximity to the city’s finest dining, sports arenas, and nightlife hotspots, presenting an enticing prospect for both investors and prospective homeowners alike.
STARTING FROM $569,900
Address: 240 Adelaide St W, Toronto
Nearest Intersection: Adelaide St W & University Ave
Pricing: Starting From $569,900
Occupancy: TBA
Storeys/Suites: 63 Storeys / 400 Suites
Suite Types: Studio – Four Bedroom Suites
Suite Sizes: 270 sq ft – 9,000 sq ft
Maintenance Fees: TBA
Deposit Structure: $10,000 on Signing // 5% Minus $10,000 in 30 Days // 5% in 180 Days // 2.5% in 720 Days // 2.5% in 1,200 Days // 5% on Occupancy
Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Lobby: Grand Lobby with 20ft Ceilings, 24Hr Hotel and Residence Concierge & Art by Takashi Murakami, Levels 2-13: 5 Star Hotel, Level 2: Katsuya – 10,000 sq ft 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 62-63: Penthouse Restaurant – with unparalleled views of the city & CN Tower
Current Incentives
Building Amenities
Over 21,000 sqft Including 24 Hours Concierge
Prime Location with Unbeatable Convenience
Strategically situated at 240 Adelaide Street West in the vibrant Entertainment District, Freed Hotel & Residences boasts a coveted walk score of 100, ensuring residents have unparalleled access to an extensive array of amenities. From top-notch restaurants to trendy bars, lively clubs, and bustling shopping venues, everything is just steps away. The historical significance of the former Crocodile Rock Bar adds a unique cultural charm, complemented by a mix of repurposed classic brick warehouses and contemporary buildings, fostering a dynamic atmosphere of creativity and innovation. This blend of historical allure and modern vibrancy, coupled with the neighborhood’s thriving technology and creative sectors, makes it an irresistible location for young professionals and savvy investors alike.
Exceptional Transit Connectivity
With a perfect transit score of 100, Freed Hotel & Residences offers unmatched transportation convenience. Seamlessly connected to over 15 public transit routes, including easy access to St. Andrew and Osgoode Subway stations and the Gardiner Expressway for motorists, residents enjoy effortless commuting options. Union Station, a pivotal transportation hub, is just a short ride away, facilitating easy access to key landmarks and prestigious educational institutions such as the University of Toronto, George Brown College, Ryerson University, and OCAD University. Whether for work or leisure, commuting is hassle-free, enhancing overall convenience and quality of life.
Luxurious Amenities and Premium Offerings:
Freed Hotel & Residences sets itself apart with an impressive array of premium amenities tailored to cater to residents’ diverse needs, ensuring a lifestyle of luxury, convenience, and community. From round-the-clock concierge service to an outdoor infinity pool providing a serene urban escape, every aspect is meticulously designed for resident comfort and satisfaction. The state-of-the-art fitness center caters to health enthusiasts, while the modern co-working space offers a productive environment within the comforts of home. For relaxation and entertainment, residents can indulge in the intimate screen room or rejuvenate at the serene spa. Additionally, the inclusion of the flagship location of Katsuya, a renowned restaurant spanning 10,000 square feet, adds an extra layer of culinary excellence and sophistication to this exceptional development
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