MLS: X13237792 Date listed: 2026-06-04
343 Main St E Prince Edward County - Picton Ward
Investment For sale
Listed for $ 4,850,000

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- BEDS
17 BATH
- SQ. FT.
0 GARAGE
See apartment on the map
- BEDS
17 BATH
- SQ. FT.
0 GARAGE

Description

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

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

Key Facts:

Tax: $14,053 / 2025
Property Type: Investment
Building Age: 100+ years
Lot Size: 94 x 486 feet
Lot Irregularities: PT LT 227-229 PL 24 PICTON AS IN PE159960; PRINCE EDWARD
Parking: 25 spaces
Listing #: X13237792
Days on Site: 154 days
Status Change: 77 days ago
Added to CiRealty: 2026-06-04
Updated on: 2026-08-18
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 343 Main St E, Prince Edward County. Listed for $4,850,000 on 2026-06-04
Property
Property Type: Investment
Style: Accommodation
Community: Picton Ward
Municipality: Prince Edward County
Inside
Bathrooms: 17
Utilities
Water: Municipal
Cooling: Y
Heating Type: Gas Hot Water
Building
Building Age: 100+ years
Parking
Garage Type: None
Driveway Spaces: 25
Total Parking Spaces: 25
Land
Sewer: Sanitary
Frontage: 94 feet
Depth: 486 feet
Cross Street: Picton Main St E
Property
Property Type: Investment
Style: Accommodation
Community: Picton Ward
Municipality: Prince Edward County
Building
Building Age: 100+ years
Parking
Garage Type: None
Driveway Spaces: 25
Total Parking Spaces: 25
Inside
Bathrooms: 17
Land
Sewer: Sanitary
Frontage: 94 feet
Depth: 486 feet
Cross Street: Picton Main St E
Utilities
Water: Municipal
Cooling: Y
Heating Type: Gas Hot Water
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