
343 Main Street
Prince Edward County, ON
17 bath • 1 sqft • Investment • 85 days on market
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
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Listing Details
- Taxes (2025)
- $14,053
- Listed
- June 3, 2026
Price History
Listing history
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Property
- Age
- 100+
- Lot Size
- 94 x 486 Feet
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Picton Main St E
- Zoning
- R4
- Parcel Number
- 550610048
- Possession
- Flexible
Commercial
- Business Type
- Hotel/Motel/Inn
- Occupancy
- Owner
Included
- Inclusions
- See Schedule B
- Exclusions
- See Schedule B
Community
Postal area K0K
- Population
- 115,850
- Private dwellings
- 53,153
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Prince Edward County · last 12 months
- Median sold price
- $597,000
- Homes sold
- 478
- Median days on market
- 40
- Sale-to-list price
- 95.0%
Based on 478 recorded sales of commercial properties in Prince Edward County over the last 12 months.
Listed by
SOTHEBY'S INTERNATIONAL REALTY CANADA
Location
Commercial figures
- Annual property tax
- $14,053
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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