343 Main Street
Prince Edward County, ON
- 17 bath
- 1 sqft
- Investment
Awarded a One MICHELIN Key in 2026, Merrill House is a landmark Victorian Gothic estate in the heart of Prince Edward County wine country, built in 1878 for Judge Edwards Merrill and heritage-designated. More than $3M in renovations have transformed this three-storey brick masterpiece into a rare turnkey boutique hospitality business, focused on overnight stays, fine dining and private events in its glass conservatory and state-of-the-art wine cellar. 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 to 16 ft ceilings and refinished hardwood floors. Six private balconies overlook the grounds. Event spaces blend indoor and outdoor settings, from the glass conservatory dining room and bar and a four-zone climate-controlled wine cellar to a three-season patio, covered event tent and stone fire pit. A fully equipped commercial kitchen with walk-in fridge and freezer supports every occasion.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 barrel sauna and on-site parking for approximately 25 vehicles. Site-specific zoning permits a hotel or inn of up to 15 rooms, a meeting room, a catering kitchen and a restaurant. One block from the Picton Marina and downtown, this is an extraordinary opportunity to own a piece of Picton's history alongside a supply-constrained hospitality business. A cornerstone for an investment portfolio, or the next chapter for an entrepreneur seeking a live-work lifestyle upgrade in Prince Edward County.
Virtual Tour
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Listing Details
- Taxes (2025)
- $14,053
Price History
Listing history
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Property
- Age
- 100+
- Lot Size
- 94 x 486 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Picton Main St E
- Zoning
- R4
- Parcel Number
- 550610048
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Hotel/Motel/Inn
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
- $586,000
- Homes sold
- 431
- Median days on market
- 42
- Sale-to-list price
- 95.4%
Based on 431 recorded sales of commercial properties in Prince Edward County over the last 12 months.
Listed by
SOTHEBY'S INTERNATIONAL REALTY CANADA
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Location
Street View
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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