Gurvinder Nokwal REALTOR®
For Sale Multiplex 137 days on market

$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

Room Level Dimensions
Library Upper 7′ 10″ × 5′ 1″
Kitchen Basement 17′ 2″ × 13′ 7″
Bedroom Second 17′ 4″ × 12′ 0″
Family Room Third 12′ 9″ × 17′ 2″
Bedroom Third 12′ 9″ × 16′ 4″
Bedroom Main 19′ 1″ × 11′ 3″
Office Main 13′ 3″ × 8′ 4″
Bedroom Second 19′ 0″ × 12′ 0″
Bedroom 3 Second 19′ 0″ × 13′ 6″
Den Upper 9′ 3″ × 5′ 1″
Bedroom Second 14′ 11″ × 18′ 4″
Bedroom Upper 19′ 2″ × 13′ 8″
Bedroom Third 15′ 11″ × 14′ 6″
Bedroom Third 26′ 5″ × 15′ 3″
Dining Room Main 17′ 10″ × 16′ 9″
Living Room Main 19′ 2″ × 18′ 5″
Bedroom Main 19′ 1″ × 11′ 3″

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

Minimum for this price: $970,000 (20%)

Amortization, years

Estimated mortgage payment

$21,475 per month

Principal and interest
$21,475
Property tax
$1,171
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
Total, before legal fees
$1,077,725
Talk to me about financing

Estimates 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

343 Main Street E, Prince Edward County, ON K0K 2T0 Picton Ward, Prince Edward County, ON K0K 2T0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$4,850,000 343 Main Street E, Prince Edward County, ON K0K 2T0
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