Freed Hotel and Residences is an ambitious mixed-use condominium by Freed Developments in Toronto. This pre-construction project will be located at 240 Adelaide St W, the northeast corner of Adelaide Street West and Duncan Street. The gleaming condo will rise 63 storeys high and contain a total of 400 modern residential suites ranging from 270 sqft to 9,000 sqft with a luxurious 5-star hotel on the lower levels.
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Freed Hotel and Residences will be located in downtown Toronto’s Entertainment District. This hub in Toronto known for its clubs, bars and restaurants that attracts crowds of young professionals is actually looking to turn a new leaf. In fact, this condo will be replacing the landmark, 30-year-old Crocodile Rock building that was once a prosperous bar and nightclub. It is predicted that an estimated 50,000 people will live in this particular district and the area will also welcome work spaces for approximately 50,000 jobs in the coming years. Young and working professionals will enjoy this location which is walking distance from a multitude of office buildings in the city’s Financial District.
This location scores a perfect 100/100 as a walker’s paradise and rider’s paradise. It is also a site served well by transit, just steps from the King Street Streetcar and St. Andrews Station. It is only a ten-minute walk to Union Station, downtown’s major transit hub, which connects you with the GO Train, regional subway and the Union Pearson Express train. In addition, the condo sits in close range to major roads and highways including the Gardiner Expressway, making travelling in and around the city quite simple.
Young and working professionals will enjoy this location which is walking distance from a multitude of office buildings in the city’s Financial District. Currently, there are many proposed projects in the area, which will add upscale retail and office space. A prime example of this will be the new Ontario College of Art and Design (OCAD campus), along with extensive gallery, office and creative space – which will be just a block away from the condo.
This condominium is situated in the Waterfront Communities-The Island neighborhood in Toronto. It not only includes a plethora of entertainment amenities but also sits in close proximity to many natural amenities. Nearby parks include St. Patrick’s Square, Grange Park Toronto and Simcoe Park.
This new development is an excellent option for investors to first-time buyers and everything in between. Its convenient location and evolving community is the perfect recipe for a successful investment for your future. The condo’s unique finishes will not only add vibrancy to the neighbourhood, it will also improve the public realm with its varied uses.
Freed Developments is an award-winning real estate builder and developer based in Toronto. This team has the ambition and vision to become so much more than a development company. As they move towards the future, they aim to continue transforming the landscape and redefine the GTA with their condominium projects.
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