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343 MAIN STREET E, Prince Edward County (Picton Ward) — listed at $4,850,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Basement | 5.24 x 4.15 meters |
| Bedroom | Third level | 3.89 x 4.98 meters |
| Bedroom | Third level | 4.85 x 4.43 meters |
| Family room | Third level | 3.89 x 5.24 meters |
| Bedroom | Third level | 8.04 x 4.65 meters |
| Bedroom | Upper Level | 5.83 x 4.17 meters |
| Den | Upper Level | 2.83 x 1.56 meters |
| Library | Upper Level | 2.38 x 1.56 meters |
| Living room | Main level | 5.83 x 5.62 meters |
| Dining room | Main level | 5.43 x 5.11 meters |
| Bedroom | Main level | 5.81 x 3.43 meters |
| Bedroom | Main level | 5.81 x 3.43 meters |
| Office | Main level | 4.05 x 2.54 meters |
| Bedroom | Second level | 4.54 x 5.59 meters |
| Bedroom 3 | Second level | 5.78 x 4.12 meters |
| Bedroom | Second level | 5.78 x 3.65 meters |
| Bedroom | Second level | 5.28 x 3.65 meters |
Is there air conditioning?+
Yes — central air conditioning, ventilation system cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $14,053.11, heating is forced air, electric, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 3-storey multi-family. The 14 bedrooms and 18 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
The listing describes the basement as: Full. Confirm the finishing status during a showing — it affects both livable space and resale value.
What's the parking situation?+
This property includes 25 spaces — No Garage.
Is 343 MAIN STREET E a good fit for a growing family?+
With 14 bedrooms and 18 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
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