343 Main Street
Prince Edward County, ON
14 bed • 18 bath • approx. 5000 + sqft • Multiplex • 85 days on market
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $14,053
- Listed
- June 3, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Bar Fridge, Brick & Beam, Sauna, Primary Bedroom - Main Floor, Storage, Storage Area Lockers, Water Heater Owned, Ventilation System, Separate Heating Controls
- Lot Size
- 94 x 486 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Picton Main Street E
- Zoning
- R4
- Parcel Number
- 550610048
- Possession
- Flexible
Commercial
- Occupancy
- Owner
Included
- Inclusions
- See Schedule D
- Exclusions
- See Schedule D
Schools
Secondary
- Prince Edward Collegiate Institute0.4 km
Public · Hastings & Prince Edward DSB · 515 students
Grade 10 literacy: 75% met the provincial standard
Elementary
- Prince Edward Collegiate Institute Elementary School0.4 km
Public · Hastings & Prince Edward DSB · 615 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 37% met the provincial standard
- St Gregory Catholic School0.6 km
Catholic · Algonquin and Lakeshore CDSB · 215 students
Grade 3 reading: 45% met the provincial standard · Grade 6 math: 17% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Prince Edward County · last 12 months
- Median sold price
- $597,000
- Homes sold
- 480
- Median days on market
- 40
- Sale-to-list price
- 95.0%
Based on 480 recorded sales of residential freehold properties in Prince Edward County over the last 12 months.
Rooms
14 × 3-piece on Second, 3 × 2-piece on Main, 4-piece on Third
Third
- Bedroom12'9" x 16'4"
- Bedroom15'11" x 14'6"
- Bedroom26'5" x 15'3"
- Family Room12'9" x 17'2"
Second
- Bedroom17'4" x 12'
- Bedroom19' x 12'
- Bedroom14'11" x 18'4"
- Bedroom 319' x 13'6"
Upper
- Bedroom19'2" x 13'8"
- Den9'3" x 5'1"
- Library7'10" x 5'1"
Main
- Bedroom19'1" x 11'3"
- Bedroom19'1" x 11'3"
- Dining Room17'10" x 16'9"
- Living Room19'2" x 18'5"
- Office13'3" x 8'4"
Basement
- Kitchen17'2" x 13'7"
Listed by
SOTHEBY'S INTERNATIONAL REALTY CANADA
Location
Mortgage Calculator
$970,000
Estimated Monthly Payment
$23,827
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $23,827/mo (20% down, 5.5%)
Taxes: $1,171/mo · Insurance: $1,213/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?