We present ALMA CII 158 μm line and underlying far-infrared (FIR) continuum emission observations (0′′.70×0′′.56 resolution) toward HSC J124353.93+010038.5 (J1243+0100) at z=7.07, the only low-luminosity (M1450>−25 mag) quasar currently known at z>7. The FIR continuum is bright (1.52 mJy) and resolved with a total luminosity of LFIR=3.5×1012 L⊙. The spatially extended component is responsible for ∼40% of the emission. The area-integrated CII spectrum shows a broad wing (FWHM=997 km s−1, L[CII]=1.2×109 L⊙) as well as a bright core (FWHM=235 km s−1, L[CII]=1.9×109 L⊙). This wing is the first detection of a galactic-scale quasar-driven outflow (atomic outflow rate >447 M⊙ yr−1) at z>7. The estimated large mass loading factor of the total outflow (e.g., ≳9 relative to the CII-based SFR) suggests that this outflow will soon quench the star-formation of the host. The core gas dynamics are governed by rotation, with a rotation curve suggestive of a compact bulge (∼3.3×1010 M⊙), although it is not yet spatially resolved. Finally, we found that J1243+0100 has a black hole mass-to-dynamical mass ratio (and -to-bulge mass ratio) of ∼0.4% (∼1%), consistent with the local value within uncertainties. Our results therefore suggest that the black hole-host co-evolution relation is already in place at z∼7 for this object.