240 Adelaide Street West CondosBy Freed Developments
240 Adelaide Street West, Toronto, ON, Canada
An historic building in the centre of the Entertainment District is about to undergo a stunning transformation into one of the city’s most brilliant new condominiums! Introducing 240 Adelaide Street West Condos, an exciting new project from Freed Developments. This 68-storey, mixed-use tower will include office space, retail, and residential.
With this pre-construction project, Freed is trying to capture the magic of downtown living – a space where one can live, work, play, and invest all in the heart of one of the greatest cities in the world.
If you’d like to learn more about this chic new project in the heart of downtown Toronto, keep reading below! And if you’d like to stay up-to-date on this project, don’t forget to register now with MyCondoPro to receive floor-plans, amenity lists and more, as soon as they become available!
240 Adelaide Street West Condos Highlights:
- Close to 2 Subway Stations (Osgoode & St.Andrew)
- Easy access to Gardiner Expressway
- 24hr Streetcar stop at the doorstep
- Located in the heart of Downtown Toronto
- Close to Union Station
- A short commute from UofT, OCAD, Ryerson and George Brown College
- Countless famous restaurants and retails along the street
- Close to Toronto General Hospital
Top Reasons to Invest 240 Adelaide Street West Condos
When it comes to downtown living, 240 Adelaide Street West Condos is simply unmatched. At the intersection of Adelaide and John Street, the building is right in the centre of the Fashion District, Entertainment District, Financial District, Chinatown, and the stylish Queen West neighbourhood.
Take in Toronto’s most exciting films and rub shoulders with Hollywood celebrities at the TIFF Bell Lightbox. See a show at the Velvet Underground, the Horseshoe, the Rivoli or one of dozens more of Toronto’s best live music venues. Spend the afternoon perusing vinyl at Sonic Boom, then take a stroll through Kensington Market, or simply spend the afternoon cloud-gazing at Fort York, Victoria Memorial Square or the Grange Park.
The western wing of the downtown core has been going through a rejuvenation for the past twenty years, and new neighbourhoods like Liberty Village and King West Village to the west have been flourishing as young professionals, students, and new families all flock to the new, denser developments coming to the core. The result is a more vibrant downtown than perhaps ever before, with limitless possibilities, no matter who you are, or where your interests lie.
With the Harbourfront just a short walk away, all the natural beauty of the Toronto Islands are at your fingertips, and with Billy Bishop Airport just a few blocks down the street, long drives to catch a flight are a thing of the past. There simply isn’t a better location for the GTA urban lifestyle than 240 Adelaide.
The building itself will be an impressive 68 storeys, and will sit atop a podium. Above the podium, 240 Adelaide Street West Condos will be a shimmering glass skyscraper, stepped-back from the street, with outdoor shared-spaces a few floors up.
The building is set to include 637 total residential units. These units are split up from one-bedroom to three-bedroom. This wide variety of units makes 240 Adelaide Street West Condos perfect for a number of different types of residents, be they professional singles, students, families, or anything in between. This tower will also include live/work studios for residents on the lower floors.
In addition, along the ground floors of the podium, 240 Adelaide will include a number of spaces for retail, restaurants and office space, bringing energy and activity to the street level.
240 Adelaide Street West Condos has a “walker’s paradise” score of 100/100. Set between the historically chic Fashion District, the culturally rich Chinatown, the Entertainment District, and Old Toronto, 240 Adelaide Street West Condos is close to just about everything in the city. Groceries, entertainment, clothes and just about anything else you could ever want or need are within minutes walk. Pedestrians can walk all of Downtowns beautiful, tree-laden sidewalks and pedestrian streets, but those looking to take shelter from the cold during the winter have the option of taking Toronto’s PATH Underground, a series of underground pedestrian tunnels, skyways and walkways.
Streetcars criss-cross throughout the downtown core, making for easy connections to the subway at stations like St. Andrews, Osgoode and Union, while others reach north to Spadina or Bathurst station to connect with the East-West subway line. Just about every TTC line converges within the downtown district, and funnels through the hub of Union Station, in the southern end of the Entertainment District. From here, travellers, commuters and explorers alike have seemingly unlimited options. The GO Transit infrastructure runs commuter rail lines across the entire GTA and beyond, and VIA Rail provides intercity transit along the Quebec-Windsor Corridor, the most populous region in all of Canada.
Billy Bishop Airport is only 10-15 walk, making flights across North America convenient and relaxing, but if you’re planning a trip further away, transit to Pearson International Airport is simple enough as well, thanks to the relatively new UP train, which starts at Union Station (15 minutes away from 240 Adelaide) and is an express trip all the way to the Airport in Mississauga.
Freed Developments is an ambitious development company based around the GTA. With a diverse portfolio of projects ranging from towering condos to a Muskoka golf course, Freed works hard to transform under-utilized pockets of Toronto and turn them into vibrant, thriving communities that lift up the neighbourhood in which they rise.
Founded by Peter Freed, this firm has $1 billion in finished buildings across the GTA. Having won many awards already, including BILD’s High Rise Project of the Year Award in 2016, Freed prides itself on being a “design-based” group, bringing in celebrated designers to elevate projects with those personalized finishing touches that make a home stylish, and unique.
A strong believer of the “live, work & play in your neighbourhood” principle, Peter Freed has worked hard to ensure communities are centralized, with amenities, restaurants, and culture all within walking distance. More than just a development firm, Freed sees itself as Canada’s first diversified lifestyle company – building homes that feel like communities.
5. Investment Opportunity
Some of the most exciting condo projects in the entire GTA are rising up right in its core. Areas around Fort York, and St. Lawrence Market are seeing a rejuvenation as new developments break ground and try to bring more density and diversity. With all the students and young professionals looking for short commutes and happening neighbourhoods, great swathes of the downtown are being lit with new youthful community energies, startups, and trendy restaurants.
Condo development boomed throughout the 2000s and 2010s as the entertainment district was filled in more densely – condos were sprouting up left, right and centre, among the district’s many tourist and entertainment hubs, and now we’re beginning to see those development priorities – community sustainability, and style, design and amenities proliferate throughout the downtown core and into surrounding neighbourhoods.
This growth has pushed even further into the centre of town with projects like 240 Adelaide Street West Condos pushing up to the edges of Old Toronto. The core is a more vibrant place now than it ever has been, and people from all over the GTA are moving further centrally, whether it’s to be closer to work and school, or simply to live where all the action happens – prices for property in the downtown are expected to continue to rise, and investments like 240 Adelaide Street West Condos are golden opportunities.
240 Adelaide Street West Condos Property Details
- ARCHITECT: Adrian Smith + Gordon Gill Architecture
- UNITS: 637
- ESTIMATED COMPLETION: TBA
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