Freed Hotel & Residences, Toronto

Living here

Schools 8 within 2 kmBus stop 300 mSubway Osgoode, 300 mGroceries 300 mVery walkable · Excellent transit

Freed Hotel & Residences at a glance

Starting price: From $599,900*Starting price, checked Oct 29, 2026. Prices, incentives and availability change without notice; confirm with the New Homes Team.
Sizes: Approx. 275 - 2,010 sq ft
Bedrooms: Studio to 3 bedrooms
Home types: Condos
Occupancy: 2030
Sales status: Now selling
Builder: Freed Developments
City: Toronto · Entertainment District (Downtown)
Location: 240 Adelaide Street West, Toronto, ON M5H 1W7 (Adelaide St W & Duncan St)
Storeys: 63.414

Freed Hotel & Residences price list and floor plans

Builders release the full price list, floor plans and deposit terms to registered buyers and brokers. Register and we send the current Freed Hotel & Residences package by email, or tell you when it is expected if Freed Developments has not released it yet.

Price listCurrent prices for every model, lot or suiteRegister to get it →Floor plansEvery layout with its sizeRegister to get it →Deposit and incentivesWhat is due and when, plus current builder offersRegister to get it →

About Freed Hotel & Residences

Quick answer: Freed Hotel & Residences is a pre-construction condominium community by Freed Developments at Adelaide Street West and Duncan Street, Toronto, now selling, from $599,900.

Freed Hotel & Residences is a pre-construction hotel and condo tower at 240 Adelaide Street West in Toronto’s Entertainment District. Freed Developments is planning a 63-storey building designed by Adrian Smith + Gordon Gill Architecture that combines a hotel with roughly 414 private residences, plus a planned skybar and restaurant near the top of the tower (artist’s concept). Anyone researching Freed Hotel & Residences Toronto or pre-construction condos in downtown Toronto will find the location hard to beat for city living: TIFF Bell Lightbox, Roy Thomson Hall, the theatres on King Street and the Financial District are all within a few blocks. Suites range from studios to three-bedroom plans, roughly 275 to 2,010 sq ft, so the project suits professionals who want a compact pied-a-terre as well as buyers looking for a larger home in the core. St. Andrew and Osgoode subway stations are a short walk away, the 504 King and 501 Queen streetcars run nearby, and Union Station connects to GO Transit and the UP Express. To receive the Freed Hotel & Residences price list and floor plans, register on PreconMap for current availability.

Freed Hotel & Residences FAQs

Where is Freed Hotel & Residences?

It is at 240 Adelaide Street West, near Adelaide Street West and Duncan Street in Toronto’s Entertainment District.

What is the starting price of Freed Hotel & Residences?

Published pricing starts from $599,900. Prices are subject to change.

Who is the builder of Freed Hotel & Residences?

The project is being developed by Freed Developments.

When is occupancy for Freed Hotel & Residences?

Estimated completion is listed as early 2030; the builder confirms final dates in the purchase agreement.

Renderings are artist’s concept. Prices, availability and specifications are set by the builder and change without notice. E.&O.E.

Key highlights

63-storey hotel and residences tower
Studio to three-bedroom suites
Designed by Adrian Smith + Gordon Gill Architecture
Planned rooftop skybar and restaurant
Walk to St. Andrew and Osgoode stations
Heart of the Entertainment District

See nearby projects on the map

Location

240 Adelaide Street West, Toronto, ON M5H 1W7 (Adelaide St W & Duncan St), Entertainment District (Downtown), Toronto. Map location is approximate. Open in Google Maps

Coming soon near Freed Hotel & Residences

New schools, stores, community facilities and transit near this project, with the source for each item.

Confirmed: approved or under way

Approved, funded, under construction or opening, according to the city, school board, agency or company.

Ontario Line – Osgoode StationOntario Line (Metrolinx subway, Exhibition-Don Valley, 15 stations)Under construction · opening early 2030s (Metrolinx; no station-specific date) · 300 m awaySource: cp24.com, Apr 16, 2026
Ontario Line – Chinatown StationOntario Line (Metrolinx subway, Exhibition-Don Valley, 15 stations)Under construction · opening early 2030s (Metrolinx; no station-specific date) · 550 m awaySource: cp24.com, Apr 16, 2026

Distances are straight-line and approximate. Confirm school boundaries with the school board and opening dates with the city or operator.

Schools, transit and amenities near Freed Hotel & Residences

What is close to Freed Hotel & Residences in Toronto, measured in a straight line from the project location. Walking times assume streets add about 30% to the distance.

Walkability

Very walkable

7 of 7 everyday needs within about a 15-minute walk: groceries, convenience store, cafés and restaurants, pharmacy, park, school, bus stop.

Transit

Excellent transit

Osgoode (Subway) 300 m; nearest bus stop 300 m, 22 stops within 800 m.

Getting around

By road

Pearson Airport 19 km · Union Station 800 m (straight line).

Schools

Ogden Junior Public School Elementary · public500 mabout 8 min walk
Contact Alternative School Secondary · public600 mabout 9 min walk
Oasis Alternative Secondary School Secondary · public800 mabout 12 min walk
ALPHA Alternative Junior School Elementary · public800 mabout 12 min walk
Heydon Park Secondary School Secondary · public850 mabout 13 min walk
Jean Lumb Public School Elementary · public1.1 kmabout 17 min walk
Orde Street Public School Elementary · public1.1 kmabout 17 min walk
Milne Acting Studio1.3 kmabout 20 min walk

School boundaries change. Confirm the assigned schools with the school board before you buy.

Transit

Osgoode Subway300 mabout 5 min walk
Exhibition GO2.8 km
Avenue LRT6.4 km
Adelaide Street West bus stop300 mabout 5 min walk

Everyday life

Independent CityMarket groceries300 mabout 5 min walk
Bestco groceries350 mabout 5 min walk
Foodlane groceries450 mabout 7 min walk
Robert Grasett Park park200 mabout 3 min walk
St. Patrick's Square park250 mabout 4 min walk
Grange Park park450 mabout 7 min walk
The University Settlement Recreation Centre community centre400 mabout 6 min walk
Great Library library450 mabout 7 min walk
Toronto Rehab hospital900 mabout 14 min walk

Places of worship

St. Andrew's Church Church350 mabout 5 min walk
Masjid Toronto Mosque800 mabout 12 min walk
Anshei Minsk Synagogue Synagogue1.0 kmabout 16 min walk
Ching Kwok Buddhist Temple Buddhist temple1.4 kmabout 21 min walk
Iskcon Hindu temple3.2 km
Shromani Sikh Sangat Gurdwara4.5 km

Colleges and universities

OCAD University350 mabout 5 min walk
Northeastern University350 mabout 6 min walk

Living at Freed Hotel & Residences: quick answers

What schools are near Freed Hotel & Residences?

Schools close to Freed Hotel & Residences include Ogden Junior Public School (elementary school, about 500 m); Contact Alternative School (secondary school, about 600 m); Oasis Alternative Secondary School (secondary school, about 800 m); ALPHA Alternative Junior School (elementary school, about 800 m). Distances are straight-line. School attendance boundaries change, so confirm the assigned schools with the local school board before you buy.

Is Freed Hotel & Residences close to transit?

The nearest Subway station is Osgoode, about 300 m away, and the nearest bus stop is about 300 m away, with 22 stops within 800 m. PreconMap rates transit here as "Excellent transit".

How far is Freed Hotel & Residences from highways, the airport and downtown Toronto?

Toronto Pearson Airport is about 19 km and Union Station in downtown Toronto about 800 m in a straight line.

Is Freed Hotel & Residences walkable?

PreconMap rates it "Very walkable": 7 of 7 everyday needs are within about a 15-minute walk. Nearby, the nearest supermarket is Independent CityMarket, about 300 m away, and Robert Grasett Park is about 200 m away.

Which places of worship are near Freed Hotel & Residences?

The nearest places of worship include Church: St. Andrew's Church (about 350 m); Mosque: Masjid Toronto (about 800 m); Synagogue: Anshei Minsk Synagogue (about 1.0 km); Buddhist temple: Ching Kwok Buddhist Temple (about 1.4 km); Hindu temple: Iskcon (about 3.2 km); Gurdwara: Shromani Sikh Sangat (about 4.5 km).

Source: © OpenStreetMap contributors, checked October 2026. Walkability and transit ratings are PreconMap estimates from that data, not Walk Score® ratings. Project locations for new communities can be approximate.

Book a consultation / site visit

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All project details

Project	Freed Hotel & Residences
Builder	Freed Developments
City	Toronto
Neighbourhood	Entertainment District (Downtown)
Location	240 Adelaide Street West, Toronto, ON M5H 1W7 (Adelaide St W & Duncan St)
Home types	Condos
Sales status	Now selling
Occupancy	2030
Sizes	Approx. 275 - 2,010 sq ft
Bedrooms	Studio to 3 bedrooms
Storeys	63.414

Checked by the PreconMap Team, RE/MAX Gold Realty Inc., Brokerage, on October 29, 2026. Details come from the builder's website and sales material; prices and dates can change without notice.