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Freed Hotel and Residences Toronto

63-storey hotel and condominium tower by Freed Developments at Adelaide and Duncan in Toronto's Entertainment District, from $599,900 (March 2026 price).

240 Adelaide St W, Toronto, ON (Adelaide St W & Duncan St)

By Freed Developments

PriceFrom $599,900 (March 2026 price)

Ask us for the current VIP price list and incentives.

Pricing and availability as of March 19, 2026. Subject to change.

Full 13% HST relief applies at this price for agreements signed by March 31, 2027, subject to the program’s timing rules

Key facts

BuilderFreed Developments

AreaEntertainment District

Home typeHigh-Rise Condos

Sales statusSelling Now

OccupancyEst. 2030

Storeys63

Number of homesAbout 400

Sizes275 – 3,969 sq ft

BedroomsStudio – 3 bedrooms + penthouses

ArchitectAdrian Smith + Gordon Gill Architecture

Interior designDesignAgency

About Freed Hotel and Residences Toronto

Freed Hotel & Residences is a planned 63-storey tower at 240 Adelaide Street West, at Duncan Street in Toronto’s Entertainment District. It combines a luxury hotel with roughly 400 condominium suites, from studios to three bedrooms and penthouses.

The tower is designed by Adrian Smith + Gordon Gill Architecture with interiors by DesignAgency, and plans include a Katsuya restaurant, a 63rd-floor sky bar and a Takashi Murakami sculpture in the lobby. Completion is estimated around 2030.

Highlights

Hotel residences with hotel services
Studios to 3 bedrooms plus penthouses
Artwork by Takashi Murakami
Steps from the Financial District and theatre district
Walk Score 99 and Transit Score 100

Current builder incentives

Free assignment
Right to lease during occupancy

As of March 19, 2026. Incentives can change or end at any time — ask us for the latest.

Deposit structure

$10,000 on signing
Balance to 5% in 30 days
5% in 180 days
2.5% in 720 days
2.5% in 1,200 days
5% on occupancy

Available homes & floor plans

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Gallery

Location

240 Adelaide St W, Toronto, ON (Adelaide St W & Duncan St)

PreConstruction Canada

Freed Hotel and Residences Toronto

Key facts