MLS® listing
7543 Kennedy Road: home for sale
$1
From the listing brokerage
Rare development opportunity on Kennedy Road! 0.34-acre (55 x 267 ft) parcel with excellent arterial exposure, currently zoned RRH (Single Family Rural Residential) with a Residential Official Plan designation. A pre-consultation for a proposed 6-unit residential building was submitted a few years ago, as per the Seller. Buyer to verify with the City of Markham. Potential to develop into a residential building or commercial building. Ideal for an end-user or builder looking to redevelop or hold. Steps to transit (YRT bus at Kennedy/Highglen), close to Milliken GO & Unionville GO (1.7 km), Hwy 407 access, schools, parks and the Kennedy Road retail corridor. Not within the Greenbelt; within TRCA jurisdiction but not a Regulated Area per screening tool. Buyer/buyer's agent to independently verify all zoning, planning, survey, and development information
Facts on the listing
| Lot width | 55 |
|---|---|
| Lot depth | 267 |
| Lot measured in | Feet |
| Faces | East |
| Kitchens | 0 |
| Property tax | $5,315 |
| Tax year | 2026 |
Listing courtesy of RIGHT AT HOME REALTY. MLS® N13798282.
About this home
7543 Kennedy Road is a 0 bedroom home in TRREB's Milliken Mills East community in Markham, listed for sale at $1. The listing shows 0 bathrooms. The lot is listed as 55 by 267 feet. The nearest main intersection given is Kennedy Road & 14th Avenue.
These details come from the listing brokerage through TRREB's MLS® System and are not guaranteed. Measurements, parking and what is included should be checked at a showing and written into the agreement of purchase and sale.
What it costs to buy 7543 Kennedy Road
At the asking price of $1, a buyer in Markham pays Ontario land transfer tax on closing. The City of Toronto is the Ontario municipality that charges a municipal land transfer tax of its own, so there is no second tax here.
| Asking price | $1 |
|---|---|
| Ontario land transfer tax | |
| First-time buyer refund, if you qualify | up to |
| Minimum down payment | $0 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The tax is worked out at the published rates for a home with one or two single family residences and your lawyer confirms the final amount. Legal fees, title insurance and adjustments are extra: our closing costs guide lists them. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $5,315 a year, about $443 a month |
|---|
That is before a mortgage payment, home insurance and utilities. These are the figures on the listing, so check the current tax bill before you rely on them.
What to check before you make an offer
- Book a home inspection. An inspection looks at the parts of a house you cannot judge at a showing. Our guide explains what a home inspection covers and misses.
- Ask for the survey. The listing gives the lot as 55 by 267 feet. If the seller has a survey, check the lot lines, fences and any easements against it.
- Confirm what stays. Have the appliances, fixtures and any rented equipment written into the offer.
- Confirm the parking. Ask what parking comes with the home.
- Get your financing in writing. A lender looks at the property tax as well as the price.
- See it in person. photos do not show noise, light at different hours or the condition of the roof, the basement and the yard.
Our page on buying a home in Markham sets out the steps in order. This is general information, not legal advice. Confirm the details with a lawyer.
About Milliken Mills
Markham's south end, hard against the Toronto border at Steeles Avenue. Older housing, the best transit access in the city and detached prices that differ sharply between its east and west halves.
Transit: Milliken GO on the Stouffville line, YRT routes, TTC connections at Steeles Avenue
| Property type | Median | Sales and average |
|---|---|---|
| Milliken Mills East, all property types | $1,095,000 | 15 sales, average $1,210,505 |
| Milliken Mills East, detached | About $1,627,000 | 6 sales, average about $1,651,000 |
| Milliken Mills West, all property types | $1,080,000 | 12 sales, average $1,140,833 |
| Milliken Mills West, detached | About $1,140,000 | 7 sales, average about $1,217,000 |
Figures from TRREB's community housing market report, as listed in our Milliken Mills guide.
Questions about Milliken Mills
Is Milliken Mills the cheapest part of Markham?
Not across the board. TRREB splits the area into two communities and they price very differently. From January to March 2026 the detached median was about $1,140,000 in Milliken Mills West and about $1,627,000 in Milliken Mills East. The West figure was the lowest detached median of the neighbourhoods covered on this site. Both rest on fewer than ten detached sales. Where prices are lower, the reason is mostly age of housing stock and proximity to busy arterial roads rather than anything wrong with the neighbourhood.
How good is the transit really?
Better than most of Markham. Milliken GO sits on the Stouffville line, YRT routes run through the area and TTC connections at Steeles put Toronto transit within reach.
What is the housing stock like?
Mostly 1970s and 1980s, with the systems you would expect from that era. Many homes have been renovated at least once. Inspections matter here.
Is it a good area for investors?
The combination of transit access, older stock and a lower entry point draws investor interest. Run the numbers yourself and confirm current rules before you buy for that purpose.
Is it busy?
The Steeles and Kennedy corridors are genuinely busy. The interior residential streets are much quieter. Where you sit relative to the arterials matters more here than in most neighbourhoods.
Does it suit first time buyers?
It can be, particularly for a buyer who wants a freehold house near transit. Compare the medians in the table above against your budget and look closely at the interior streets.
Read the Milliken Mills neighbourhood guide · All Milliken Mills homes for sale
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Questions about 7543 Kennedy Road
How much is land transfer tax on 7543 Kennedy Road?
At the asking price of $1 the Ontario land transfer tax is . Markham has no municipal land transfer tax. A first-time buyer who qualifies can get up to back. Confirm the final figure with your lawyer.
What is the minimum down payment for 7543 Kennedy Road?
$0 at the asking price of $1, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 7543 Kennedy Road?
The listing shows $5,315 a year for 2026, about $443 a month.
How do I book a showing for 7543 Kennedy Road?
Use the form on this page or call us. Quote MLS® N13798282. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 7543 Kennedy Road still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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