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Renanza Realty
For sale

343 MAIN STREET E

Prince Edward County (Picton Ward), Ontario

MLS® X14180160

$4,250,000

Status
Active
Property type
Business
MLS® number
X14180160
Bedrooms
—
Bathrooms
17
Year built
—

Listing description

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.

Property summary

MLS® number
X14180160
Property type
Business
Leasable Area
1 sq ft
Land size
1.07 acres
Annual property taxes
$14,053.11
Parking
25 spaces
Days on market
0 days

Features & details

Heating
Hot water radiator heat, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $4,250,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$19,775 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA, TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.