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Lots & Land in Markham
About 7543 Kennedy Road
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
Markham land priced at $1 — book a tour to see if it fits your search.
Inside 7543 Kennedy Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
7543 Kennedy Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13798282$1
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7543 Kennedy Rd Compares to the Markham Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$0
/mo
based on the purchase price of $1
$0 cash
$1 financed
$1 total interest
Principal54%$1
Interest46%$1
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Book a tour of 7543 Kennedy Rd with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 7543 Kennedy Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio99.2%On average, homes sold below asking.
Active listings1,475Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with May 13 – Aug 11, 2026: prices up.
Based on 1,262 sales from Aug 11 – Nov 9, 2026 (880 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
7543 Kennedy Rd is listed at $1 (MLS® N13798282). Summitly updates the price as soon as the MLS® record changes.
Has the price of 7543 Kennedy Rd changed?
No — 7543 Kennedy Rd is still listed at its original asking price of $1.
How many bedrooms and bathrooms does 7543 Kennedy Rd have?
The listing for 7543 Kennedy Rd doesn't publish its bedroom and bathroom count. It is a lot in Markham.
Is 7543 Kennedy Rd close to transit?
The nearest rapid-transit station is Milliken GO Station (Stouffville GO), about 1.7 km (about a 21-minute walk) in a straight line. Unionville GO Station is about 1.8 km (about a 22-minute walk), and Centennial GO Station is about 4.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 7543 Kennedy Rd?
About $0 a month — principal and interest on $1 with 20% down ($0), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 7543 Kennedy Rd compare with other homes in Markham?
Its asking price of $1 is about 100% below the median sold price in Markham over the last 90 days, $1,084,000, across 1,262 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 7543 Kennedy Rd been sold before?
Summitly has no earlier MLS® sale or lease of 7543 Kennedy Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7543 Kennedy Rd?
7543 Kennedy Rd is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7543 Kennedy Rd been on the market?
53 days — 7543 Kennedy Rd was listed on September 17, 2026.
What is the land transfer tax on 7543 Kennedy Rd?
About $0 in Ontario land transfer tax at the asking price of $1. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 7543 Kennedy Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 7543 Kennedy Rd?
The listing for 7543 Kennedy Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Markham.