$4,850,000
FOR SALE

Multiplex 3-Storey

Bedrooms: 13Bathrooms: 18Lot: 94 x 486 ft
2025 Taxes: $14,053.11

343 Main St E
Prince Edward County, ON K0K 2T0 | Picton Ward

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.
Extras
Bar Fridge, Brick & Beam, Sauna, Primary Bedroom - Main Floor, Storage, Storage Area Lockers, Water Heater Owned, Ventilation System, Separate Heating Controls
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Listed By SOTHEBY'S INTERNATIONAL REALTY CANADA
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13237832
Last Updated Jun 03, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 550610048
Legal Description PT LT 227-229 PL 24 PICTON AS IN PE159960; PRINCE EDWARD
Possession Date Flexible
Taxes (2025) $14,053.11
Directions/Cross Streets Picton Main Street E
Neighbourhood Picton Ward
Area Prince Edward County
Price History

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Detailed Information
Fronting On West
Special Designations Heritage
Included Cable TV
Bedrooms 13
Bathrooms 18
Lot 94 x 486 ft
Exterior Brick
Air Conditioning Central Air
Family Room Y
Fireplace/Stove Y
Basement Full
Garage Type None
Heat Source Electric
Heat Type Forced Air
Sewers Sewer

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