343 Main Street Prince Edward County ON

📍 Prince Edward County, Ontario K0K 2T0

$4,850,000

Active
17BATHS
94×486LOT (FT)
100+AGE

📋 Listing Highlights

StatusActive
MLS®X13237792
ListedJun 4, 2026
Days on Market—
Property TypeCommercial
StyleInvestment
Cross StreetPicton Main St E
PossessionFlexible

📝 Listing Description

The Pinnacle of Picton - Merrill House. A landmark Victorian Gothic estate in the heart of Prince Edward County wine country, originally built in 1878 for Judge Edwards Merrill and heritage-designated. Over $3M in renovations have transformed this three-storey brick masterpiece into a Michelin Guide-recognized boutique hotel and destination restaurant - a rare turnkey hospitality enterprise. The property offers 14 beautifully appointed guest suites, each with a private 3-piece ensuite, set among custom-painted murals, antique and original wallpaper, exposed brick, marble wood-burning fireplaces, vaulted 14-16 ft ceilings, and refinished hardwood floors. Six private balconies overlook the grounds. Culinary spaces include a glass conservatory dining room and bar, a fully equipped commercial kitchen with walk-in fridge and freezer, a state-of-the-art wine cellar, plus Bar Atlas and Brasserie Alexandria. The state-of-the-art wine cellar has four climate-controlled temperature zones for wine storage and a three-season patio dining area. Recent capital improvements include a new asphalt-shingle roof, stabilized chimneys, a modern Daikin heat-pump HVAC system, Viessmann gas boilers, in-floor heating, and 400-amp service. Set on 1.07 landscaped acres with mature 150-year-old trees, the grounds feature interlocking-brick walkways, a covered event tent, stone fire pit, barrel sauna, and on-site parking for approximately 25 vehicles. Site-specific zoning permits a hotel/inn of up to 15 rooms, a meeting room, catering kitchen, and restaurant. One block from the Picton Marina and downtown, Merrill House represents an extraordinary opportunity to own a piece of Picton's history alongside a thriving, supply-constrained hospitality business

🏠 Property Details

Property TypeCommercial
StyleInvestment
Bathrooms17
Approx. Age100+

📐 Lot & Land

Lot Width94 ft
Lot Depth486 ft
Lot Size1.07 sqft
Cross StreetPicton Main St E

🔧 Building & Utilities

HeatingGas Hot Water
CoolingYes
GarageNone

💰 Financial

List Price$4,850,000
Annual Taxes$14,053.11 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$970,000
Est. Monthly Payment
$23,827/mo
Principal: $3,880,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by SOTHEBY'S INTERNATIONAL REALTY CANADAData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13237792 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.