Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Picton Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $4,850,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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This multiplex located at 343 Main Street, Prince Edward County is currently for sale and has been available on SousaSells for 87 days. This property is listed at $4,850,000 with an estimated mortgage of $16,144* per month. It has 14 beds, 18 bathrooms, and is 5000 + square feet. 343 Main Street, Prince Edward County is in the Picton Ward neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 14 bedrooms and 18 bathrooms, this home offers ample space and comfort for growing families in Picton Ward, Prince Edward County.
Growing families needing multi-bedroom flexibility and space in Picton Ward, Prince Edward County.
None listed
The current listing price for 343 Main Street, Prince Edward County, ON in Picton Ward, Prince Edward County is $4,850,000.
This property features 14 bedrooms and 18 bathrooms across approximately 5000 + sqft.
343 Main Street, Prince Edward County, ON is a Multiplex (3-Storey) featuring a Full basement.
Key property features include: Arts Centre, Electric Car Charger, Hospital, Greenbelt/Conservation, Marina, School.
Interior highlights include: Bar Fridge, Brick & Beam, Sauna, Primary Bedroom - Main Floor, Storage, Storage Area Lockers, Water Heater Owned, Ventilation System, Separate Heating Controls.
Security features include: Alarm System, Concierge/Security, Heat Detector, Smoke Detector, Carbon Monoxide Detectors.
Yes, this property offers parking space for 25.0 vehicles (None).
Heating is provided via Electric and cooling via Central Air.
Picton Ward, Prince Edward County
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 343 Main Street E, Prince Edward County, ON K0K 2T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prince Edward County.
About Purchasing a Home in Prince Edward County, ON
For a property listed at $4,850,000 in Prince Edward County, the legal minimum down payment is $970,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $107,725 for this transaction. As this listing is in Prince Edward County (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $107,725.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Picton Ward, Prince Edward County.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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