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Burin Peninsula

Fortune Real Estate

The ferry to France — Fortune is where Newfoundland ends and St. Pierre et Miquelon begins, and that's a sentence that never gets old.

~1,200
Population
~$145K
Avg Home Price
Town / Community
Municipality Type
Burin Peninsula / Miquelon Ferry
Region

Living in Fortune

Fortune, at the tip of the Burin Peninsula, holds the remarkable geographic distinction of being the departure point for the ferry to St. Pierre et Miquelon — the only remaining French territory in North America, sitting just 25 kilometres offshore. The Burin Peninsula ferry to St. Pierre runs from Fortune harbour, giving residents and visitors what amounts to a trip to France without a transatlantic flight. The French influence from the nearby territory is tangible in Fortune and across the Burin Peninsula — language, food, and the occasional French customs officer at the dock are reminders that this particular corner of Newfoundland has an unusual international neighbour.

Fortune itself is a classic Burin Peninsula fishing community — saltbox houses on hillsides above a working harbour, cod and crab fishing as economic anchors, and the particular tight-knit character of outport communities where everyone's family has fished the same waters for generations. Grand Bank, the Burin Peninsula's commercial hub, is 20 kilometres north. For buyers, Fortune offers Burin Peninsula real estate at its most accessible prices, with the added distinction of living closer to France than most Canadians will ever get without an airplane.

Fortune Harbour Community Homes

Fortune's harbour-side residential stock offers classic Newfoundland outport homes — saltbox, two-storey, and bungalow styles on hillside lots above the working harbour, with a daily view of the St. Pierre ferry dock.

~$130K–$240K

Burin Peninsula Coastal Properties

The Burin Peninsula shore around Fortune offers dramatic coastal lots, cove-front properties, and abandoned outport sites that occasionally appear on the market at prices that challenge Newfoundland's reputation for affordability.

~$80K–$220K

Rural Burin Peninsula Acreages

Back-road Burin Peninsula properties offer barrens, bogs, and woodland lots for buyers seeking rural Newfoundland land adjacent to one of the province's most productive fishing regions.

~$30K–$120K

Frequently Asked Questions

What is the ferry to St. Pierre et Miquelon from Fortune?

SPM Express and seasonal ferry services operate from Fortune harbour to St. Pierre, crossing in approximately 70 minutes. St. Pierre is a French Overseas Collectivity — French currency (Euro), French language, French food and wine at French duty-free prices. The ferry runs seasonally, typically May through October. It's one of Atlantic Canada's most unusual travel experiences and a genuine geographic curiosity.

Can Canadians easily visit St. Pierre et Miquelon?

Yes — Canadians can visit St. Pierre with a passport for up to 90 days without a visa. The territory uses Euros, operates in French, and follows French customs regulations. Duty-free allowances for returning Canadians apply (alcohol and tobacco limits). It's legally France — EU laws, French products, and French bureaucracy apply.

What fishing happens around Fortune?

Crab (snow crab) is the primary commercial fishery from the Burin Peninsula now that cod stocks collapsed in 1992. Lobster, turbot, and halibut are also harvested. Fortune's harbour handles significant fishing vessel traffic in season. The commercial fishery remains the Burin Peninsula's most important economic sector.

How far is Fortune from Grand Bank and Marystown?

Fortune to Grand Bank is about 20 kilometres (20 minutes) — Grand Bank has the Burin Peninsula's main commercial services including a hospital (Burin Peninsula Health Care Centre at Burin). Marystown, the region's largest town, is about 55 kilometres (45 minutes) from Fortune. St. John's is approximately 340 kilometres (3.5 hours) via the Trans-Canada.

Is Fortune a good place to retire?

For buyers seeking genuine outport Newfoundland lifestyle, coastal scenery, very low real estate costs, and the bonus of a ferry to France, Fortune has an unusual appeal for retirement planning. The distance to St. John's medical specialties is a meaningful planning consideration; Burin Peninsula Health Care Centre handles many needs locally.

Is there a Land Transfer Tax in Newfoundland?

Newfoundland and Labrador does not have a provincial land transfer tax — it is one of the few provinces with no deed transfer tax whatsoever. The only registration cost is a small Land Registration Office fee, typically under $100, for registering the deed. This makes NL one of Canada's most buyer-friendly provinces for closing costs. Your lawyer will confirm all applicable fees at closing.

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