For saleMLS® X13237832

343 Main Street E, Prince Edward County, ON K0K 2T0

Picton Ward, Prince Edward County · Near Picton Main Street E · View map

$4,850,000
14Beds
18Baths
5000 +Sq ft
MultiplexType
25 totalParking
FullBasement
$14,053/yrTaxes
$4,850,000
Main-floor primary bedroomEveryday living on one level
FreeholdNo monthly condo fee
Parking for 25Comes with the home
Lot 94 x 486 ftThe land comes with the home
Central airCool all summer
FireplaceCozy winters

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.

The home

Type
Multiplex
Style
3-Storey
Square footage
5000 + sq ft
Bedrooms
14
Bathrooms
18
Kitchens
1
Rooms
24
Basement
Full
Lot size
94 x 486 ft
Faces
West
View
Downtown

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Alarm System, Concierge/Security, Heat Detector, Smoke Detector, Carbon Monoxide Detectors
Exterior
Brick

Heating & cooling

Heating fuel
Electric
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage spaces
25
Total parking
25

Taxes & other

Property taxes
$14,053/yr
Tax year
2025
Occupancy
Owner
Possession
Flexible
Cross street
Picton Main Street E
Neighbourhood
Picton Ward

More

MLS® number
X13237832

The home and its surroundings

  • Bar Fridge
  • Brick & Beam
  • Sauna
  • Primary Bedroom - Main Floor
  • Storage
  • Storage Area Lockers
  • Water Heater Owned
  • Ventilation System
  • Separate Heating Controls
  • Arts Centre
  • Electric Car Charger
  • Hospital
  • Greenbelt/Conservation
  • Marina
  • School
Want to know something that isn’t listed?
Estimated monthly cost$20,735per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    343 Main Street, Prince Edward County, ON K0K 2T0

    Picton Ward, Prince Edward County · Near Picton Main Street E

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    Sold history

    Listing history for 343 Main Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 343 Main Street E

    Answers come straight from this home’s MLS® listing.

    How much is 343 Main Street E listed for, and what would it cost each month?

    343 Main Street E is listed for $4,850,000. With 20% down ($970,000), the mortgage payment would be roughly $19,564 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $20,735 a month, all in. That figure is an illustration, not a quote.

    Is 343 Main Street E freehold or a condo, and is there a monthly fee?

    343 Main Street E is a multiplex in Picton Ward, Prince Edward County. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 343 Main Street E have?

    343 Main Street E has 14 bedrooms and 18 bathrooms. The listing gives the style as 3-storey.

    Does 343 Main Street E have a garage and parking?

    The listing does not show a garage. In total the listing counts 25 parking spaces.

    Does 343 Main Street E have a finished basement?

    The listing describes the basement as full.

    What style of home is 343 Main Street E?

    343 Main Street E is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.

    How big is 343 Main Street E, and what is the lot size?

    The lot is listed as 94 x 486 ft.

    How is 343 Main Street E heated and cooled?

    Heating is forced air (electric). Cooling is central air.

    What are the property taxes for 343 Main Street E?

    Property taxes are $14,053 a year (2025), or about $1,171 a month.

    Where is 343 Main Street E?

    343 Main Street E is in the Picton Ward community of Prince Edward County. The nearest main intersection is Picton Main Street E. The postal code is K0K 2T0.

    Is 343 Main Street E still for sale?

    Yes. It is an active listing (MLS® X13237832). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 343 Main Street E asking?

    Similar properties for sale nearby right now include 343 Main Street E at $4,850,000, 115 Gibson Road at $5,900,000 (7 bed) and 18 Loop Lane at $5,200,000 (3+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 343 Main Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 343 Main Street E?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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