343 Main Street East

Prince Edward County, ONMulti-family
$4,850,000
MLS® X13237832
Multi-family14 beds18 baths25 total
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About This Property

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:63604)

Key Facts

Type
Multi-family
Beds
14
Baths
18
Size
5,000 sqft
Lot
94 x 486 FT
Parking
25 total

Highlights

  • Water meter
  • Water Heater
Property Details 17 details
Bedrooms
14 bedrooms
14 above grade
Bathrooms
18 bathrooms
3 partials
Parking
25 parking spaces
No Garage
Living area
5,000 - 100,000 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
3
Basement
Full
Heating
Forced air, Electric, Natural gas
Cooling
Central air conditioning, Ventilation system
Fireplace
2 fireplaces
Lot dimensions
94 x 486 FT
Frontage
94 feet
Taxes
$14,053.11
Zoning
R4
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Water meterWater HeaterHardwoodSeparate Heating ControlsFireplace(s)Security/Concierge

Exterior features

BrickStone

Systems and association

Alarm systemSmoke DetectorsSewerElectricityCable

Lot and water

Flat siteConservation/green beltSauna
Rooms 17 rooms
Level
Room
Dimensions
Basement
Kitchen
5.24 m x 4.15 m
Third level
Bedroom
3.89 m x 4.98 m
Third level
Bedroom
4.85 m x 4.43 m
Third level
Family room
3.89 m x 5.24 m
Third level
Bedroom
8.04 m x 4.65 m
Upper Level
Bedroom
5.83 m x 4.17 m
Upper Level
Den
2.83 m x 1.56 m
Upper Level
Library
2.38 m x 1.56 m
Main level
Living room
5.83 m x 5.62 m
Main level
Dining room
5.43 m x 5.11 m
Main level
Bedroom
5.81 m x 3.43 m
Main level
Bedroom
5.81 m x 3.43 m
Main level
Office
4.05 m x 2.54 m
Second level
Bedroom
4.54 m x 5.59 m
Second level
Bedroom 3
5.78 m x 4.12 m
Second level
Bedroom
5.78 m x 3.65 m
Second level
Bedroom
5.28 m x 3.65 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$4,850,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Picton Ward
City
Prince Edward County
Postal code
K0K 2T0
Nearby
Cross Streets: Picton Main Street E. ** Directions: Follow GPS.