Active

$1,650,000

121 Cousin StreetRural Wheatland County, AB T1P 0X8

  • 4 beds
  • 3 baths
  • 1,656 sq ft
  • 59.93 acres
  • Detached

Listing courtesy of RE/MAX Key · MLS® A2302862

About this home

Investment/Developer Opportunity -- Located on the east side of Cheadle alongside the ball diamonds and rec center, this nearly 60-acre property offers a rare and highly strategic investment opportunity. With over 3,000 square feet of developed space in a well-maintained, four-bedroom bungalow, this property is ideal for those looking to capitalize on both immediate use and long-term potential.

The home features a spacious floor plan with a breezeway connecting the house to the garage, a main floor laundry room with a sink, and a bright, heated sunroom with a full wall of south-facing windows. Classic wood-burning fireplaces on both the main and lower levels add charm and functionality, while a fully functioning sauna and a metal roof contribute to the home’s comfort and durability. Outdoor living is elevated by a beautifully designed outdoor gazebo with a fire pit and evening lighting, creating an ideal setting for entertaining or relaxing under the stars. Supporting infrastructure on the land includes a two-story barn with electrical service and a workshop area that was previously heated, as well as a greenhouse. The land is flat and usable, with a layout that supports a variety of development visions.

This property is ideally positioned near upcoming economic drivers that will shape the future of Cheadle and the surrounding region. The new CGC drywall manufacturing facility is set to bring over 100 permanent jobs to the area, and the massive 1,500-acre De Havilland Field aerospace project just west of Cheadle is expected to generate significant economic activity and growth.

With its location, scale, and infrastructure, this property represents a one-of-a-kind opportunity to invest in a growing community before the next wave of development hits. Whether you're seeking to develop, subdivide, or hold for future appreciation, this land offers the flexibility and potential to realize your vision. Don’t miss this rare opportunity to shape the next chapter of a growing Alberta community.

Key facts

Type
Detached
Style
Acreage with Residence, Bungalow
Year built
1965
Living area
1,656 sq ft
Lot
59.93 acres
Bedrooms
4 (3 above grade, 1 below)
Bathrooms
1 full, 2 half
Basement
Full, Finished
Parking
2-car garage, 10 spaces total
Price per sq ft
$996
Days on market
175
Listed
April 18, 2026
Municipality
Wheatland County

Features

Interior

Features
Bar, Open Floorplan
Appliances
Built-In Oven, Dishwasher, Electric Stove, Range Hood, Refrigerator
Flooring
Carpet, Hardwood, Linoleum, Tile
Heating
Forced Air
Fireplaces
2 (Basement, Living Room, Wood Burning)
Laundry
Main Level, Sink
Basement features
Other
Included
n/a

Suite

Suite
No

Building

Structure
House
Levels
One
Construction
Brick, Metal Siding, Stucco, Wood Frame
Roof
Metal
Foundation
Poured Concrete

Exterior & lot

Exterior
Fire Pit, Storage
Lot
Back Yard, Front Yard, Gazebo, Irregular Lot, No Neighbours Behind
Fencing
Partial
Front faces
W
Lot size
59.93 acres
Zoning
AG

Parking

Garage spaces
2
Total parking
10
Details
Double Garage Attached

Condo / HOA

Restrictions
None Known
Ownership
Not a Condo

Utilities

Water
Well
Sewer
Septic Field, Septic Tank

Land & rural

Acres
59.93
Outbuildings
2 Storey
Legal land description
NW-2-24-26-W4
Title
Fee Simple

Community

Features
Other

Rooms

RoomLevelSize
2pc Ensuite bathMain5'0" x 4'2"
4pc BathroomMain10'11" x 7'1"
BedroomMain11'1" x 10'5"
BedroomMain11'1" x 8'8"
KitchenMain14'6" x 14'1"
LaundryMain10'4" x 6'5"
Living RoomMain14'6" x 15'1"
Mud RoomMain22'4" x 8'10"
Bedroom - PrimaryMain14'7" x 10'5"
Sunroom/SolariumMain29'7" x 11'6"
2pc BathroomLower4'8" x 4'6"
Flex SpaceLower13'7" x 14'4"
BedroomLower10'2" x 9'1"
Game RoomLower14'5" x 27'7"

Location

Open in Google Maps ↗

Monthly cost estimate

Estimated monthly payment$7,745
  • Mortgage $7,745

An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $330,000.

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Listing last updated: Apr 18, 2026, 8:15 a.m.