$4,850,000
Est. payment $21,475/moCalculate yours
343 Main Street E, Prince Edward County, ON K0K 2T0
Picton Ward, Prince Edward County, ON K0K 2T0
- 14 Beds
- 18 Baths
- 25 Garage
- 5,000 Sq Ft
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA MLS® X13237832
About this home
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
Overview
- Property Type
- Multiplex
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 5,000 sqft
Interior
- Bedrooms
- 14
- Bathrooms
- 18
- Kitchens
- 1
- Basement
- Full
Building & Systems
- Heating
- Forced Air (Electric)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 94 x 486 Feet
- Parking
- None garage · 25 total
- Zoning
- R4
Financial
- Property Taxes
- $14,053 (2025)
Location
- Neighbourhood
- Picton Ward
- Cross Street
- Picton Main Street E
- Direction Faces
- West
Listing
- MLS® Number
- X13237832
- Days on Market
- 137
- Listed On
- 2026-06-03
- Possession
- Flexible
- Listed By
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
Features
Interior
- Bar Fridge
- Brick & Beam
- Sauna
- Primary Bedroom - Main Floor
- Storage
- Storage Area Lockers
- Water Heater Owned
- Ventilation System
- Separate Heating Controls
Property
- Arts Centre
- Electric Car Charger
- Hospital
- Greenbelt/Conservation
- Marina
- School
Pool
- None
- Included
- See Schedule D
- Excluded
- See Schedule D
Mortgage calculator
Estimated mortgage payment
$21,475 per month
- Principal and interest
- $21,475
- Property tax
- $1,171
- Condo fees
- $0
- Estimated monthly cost
- $22,646
Your mortgage
- Mortgage amount
- $3,880,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $2,562,425
Cash to close
- Down payment
- $970,000
- Land transfer tax
- $107,725
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,077,725
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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