Property Type: Detached HouseOwnership: Freehold

5021 SPEED CRESCENT

Likely, BC V0L1N0

$420,000

2 bed1 bath979 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
1 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$786.33 (2025)

Interior

Basement
Crawl space
Heating
Electric
Fireplace
None

Exterior & Lot

Exterior features
Wood
View
Mountain view

Building

Foundation
Concrete Perimeter
Roof
Asphalt shingle, Conventional

Parking

Features
Open

Room Dimensions

RoomLevelDimensions
KitchenMain level
Living roomMain level
Primary BedroomMain level
Bedroom 2Main level
Mud roomMain level

Listing Information

MLS®
R3127657
Listed
May 27, 2026
Time on market
On the market for 96 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty (100 Mile) · Data source: CREA DDF.

Description

Welcome to this cute Cariboo cottage! This charming, newly updated home sits on 1 private acre in beautiful Likely and features 2 bedrooms, 1 bathroom, stunning mountain views, and a 12’x21’ shed for extra storage. Beautiful inside and out, this property was previously used as a successful Airbnb and would be perfect for first-time buyers, downsizers, investors, or anyone looking for a peaceful haven/retreat. Enjoy the quiet lifestyle and endless outdoor adventure right at your doorstep. Likely offers a general store/gas bar, hotel, community hall, elementary school, and nearby resorts. Close to Quesnel Lake, known for world-class fishing, breathtaking scenery, boating, hiking, and year-round recreation opportunities. (id:63159)

Values & Trends

This listing

$429/sqft

Building average

No other active listings in this building

Likely average

$346/sqft

7 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Williams Lake

Partly Cloudy

15°C

Partly Cloudy

Humidity 70%

Wind ESE 19 km/h

Tonight

10°

Tuesday

23°

Tuesday night

13°

Wednesday

23°

Wednesday night

12°

Thursday

19°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Likely Elem-Jr SecondaryElementary538 m

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (1)

  • Likely Lodge344 m

Nearby places data: © OpenStreetMap contributors.

School district: Cariboo-Chilcotin (SD27)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$336,000.00
Periodic payment — Principal & Interest (monthly)$2,167.76
Additional monthly expenses (strata, tax, utilities, etc.)$114.53
Total monthly cost$2,282.29
Interest paid over 5-yr term$96,298.57
Balance at end of term$302,233.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,068.17

Cash Needed at Closing

Minimum down payment$21,000
Estimated BC PTT$6,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,900

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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