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    <link:label id="lab_us-gaap_InvestmentIncomeInterest_CBCFCF7068C42E15FEA936DC589EC48A_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeInterest_CBCFCF7068C42E15FEA936DC589EC48A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
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    <link:label id="lab_tol_IncomeFromAncillaryBusinesses_8BBB701F0CFFAE9760AA36DC589E81F6_terseLabel_en-US" xlink:label="lab_tol_IncomeFromAncillaryBusinesses_8BBB701F0CFFAE9760AA36DC589E81F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from Ancillary Businesses</link:label>
    <link:label id="lab_tol_IncomeFromAncillaryBusinesses_8BBB701F0CFFAE9760AA36DC589E81F6_label_en-US" xlink:label="lab_tol_IncomeFromAncillaryBusinesses_8BBB701F0CFFAE9760AA36DC589E81F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income from Ancillary Businesses</link:label>
    <link:label id="lab_tol_IncomeFromAncillaryBusinesses_8BBB701F0CFFAE9760AA36DC589E81F6_documentation_en-US" xlink:label="lab_tol_IncomeFromAncillaryBusinesses_8BBB701F0CFFAE9760AA36DC589E81F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income generated by the Company's non-core ancillary businesses.</link:label>
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    <link:label id="lab_tol_IncomeFromGibraltar_18EE8216602603DAB38236DC589EBB33_terseLabel_en-US" xlink:label="lab_tol_IncomeFromGibraltar_18EE8216602603DAB38236DC589EBB33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gibraltar</link:label>
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    <link:label id="lab_us-gaap_ManagementFeesRevenue_C6F5972B600366A206E936DC589F552A_terseLabel_en-US" xlink:label="lab_us-gaap_ManagementFeesRevenue_C6F5972B600366A206E936DC589F552A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fee income</link:label>
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    <link:label id="lab_tol_RetainedCustomerDeposits_D2ADD1CF2A4A508B699D36DC589FBD91_terseLabel_en-US" xlink:label="lab_tol_RetainedCustomerDeposits_D2ADD1CF2A4A508B699D36DC589FBD91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained customer deposits</link:label>
    <link:label id="lab_tol_RetainedCustomerDeposits_D2ADD1CF2A4A508B699D36DC589FBD91_label_en-US" xlink:label="lab_tol_RetainedCustomerDeposits_D2ADD1CF2A4A508B699D36DC589FBD91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained customer deposits</link:label>
    <link:label id="lab_tol_RetainedCustomerDeposits_D2ADD1CF2A4A508B699D36DC589FBD91_documentation_en-US" xlink:label="lab_tol_RetainedCustomerDeposits_D2ADD1CF2A4A508B699D36DC589FBD91" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Customer deposits which were forfeited by the customer and recorded as income by the Company.</link:label>
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    <link:label id="lab_tol_NetProceedsfromLandSales_D87D33AEA32F2908A29336DC589FA230_label_en-US" xlink:label="lab_tol_NetProceedsfromLandSales_D87D33AEA32F2908A29336DC589FA230" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Proceeds from Land Sales</link:label>
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    <link:loc xlink:href="tol-20140731.xsd#tol_NetProceedsfromLandSales" xlink:label="loc_tol_NetProceedsfromLandSales_D87D33AEA32F2908A29336DC589FA230" xlink:type="locator" />
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    <link:label id="lab_tol_Incomerecognizedduetosettlementoflitigation_AD3FA82E8260710467F436DC589FCAA3_label_en-US" xlink:label="lab_tol_Incomerecognizedduetosettlementoflitigation_AD3FA82E8260710467F436DC589FCAA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IncomeRecognizedDueToSettlementOfLitigation</link:label>
    <link:label id="lab_tol_Incomerecognizedduetosettlementoflitigation_AD3FA82E8260710467F436DC589FCAA3_documentation_en-US" xlink:label="lab_tol_Incomerecognizedduetosettlementoflitigation_AD3FA82E8260710467F436DC589FCAA3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">IncomeRecognizedDueToSettlementOfLitigation</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_Incomerecognizedduetosettlementoflitigation" xlink:label="loc_tol_Incomerecognizedduetosettlementoflitigation_AD3FA82E8260710467F436DC589FCAA3" xlink:type="locator" />
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    <link:label id="lab_tol_InterestExpenses_6DD3335CD54C7E224F1336DC589F830B_negatedTerseLabel_en-US" xlink:label="lab_tol_InterestExpenses_6DD3335CD54C7E224F1336DC589F830B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest Expenses</link:label>
    <link:label id="lab_tol_InterestExpenses_6DD3335CD54C7E224F1336DC589F830B_label_en-US" xlink:label="lab_tol_InterestExpenses_6DD3335CD54C7E224F1336DC589F830B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expenses</link:label>
    <link:label id="lab_tol_InterestExpenses_6DD3335CD54C7E224F1336DC589F830B_documentation_en-US" xlink:label="lab_tol_InterestExpenses_6DD3335CD54C7E224F1336DC589F830B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest incurred on homebuilding indebtedness in excess of qualified inventory which is charged to the statement of operations in the period incurred.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_InterestExpenses" xlink:label="loc_tol_InterestExpenses_6DD3335CD54C7E224F1336DC589F830B" xlink:type="locator" />
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    <link:label id="lab_tol_OtherMiscIncome_27720926165F778D1D8D36DC589F7DB5_terseLabel_en-US" xlink:label="lab_tol_OtherMiscIncome_27720926165F778D1D8D36DC589F7DB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other misc income</link:label>
    <link:label id="lab_tol_OtherMiscIncome_27720926165F778D1D8D36DC589F7DB5_label_en-US" xlink:label="lab_tol_OtherMiscIncome_27720926165F778D1D8D36DC589F7DB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other misc income</link:label>
    <link:label id="lab_tol_OtherMiscIncome_27720926165F778D1D8D36DC589F7DB5_documentation_en-US" xlink:label="lab_tol_OtherMiscIncome_27720926165F778D1D8D36DC589F7DB5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other misc income earned by the Company not separately disclosed.</link:label>
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    <link:label id="lab_us-gaap_OtherNonoperatingIncomeExpense_B35E31306BAC3BF2334036DC589FFA4F_totalLabel_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncomeExpense_B35E31306BAC3BF2334036DC589FFA4F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other income - net</link:label>
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    <link:label id="lab_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_5F6E4CE405659D91FCB91E0780F968CF_terseLabel_en-US" xlink:label="lab_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_5F6E4CE405659D91FCB91E0780F968CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of Additional Cash Required to Acquire Land Included in Accrued Expenses</link:label>
    <link:label id="lab_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_5F6E4CE405659D91FCB91E0780F968CF_label_en-US" xlink:label="lab_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_5F6E4CE405659D91FCB91E0780F968CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Additional Cash Required to Acquire Land Included in Accrued Expenses</link:label>
    <link:label id="lab_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_5F6E4CE405659D91FCB91E0780F968CF_documentation_en-US" xlink:label="lab_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_5F6E4CE405659D91FCB91E0780F968CF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of additional cash required to acquire land included in accrued expenses.</link:label>
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    <link:label id="lab_us-gaap_PayablesAndAccrualsAbstract_F8C079FB09CF7247ED52F396C69A64EE_label_en-US" xlink:label="lab_us-gaap_PayablesAndAccrualsAbstract_F8C079FB09CF7247ED52F396C69A64EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payables and Accruals [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PayablesAndAccrualsAbstract" xlink:label="loc_us-gaap_PayablesAndAccrualsAbstract_F8C079FB09CF7247ED52F396C69A64EE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock_D02AD51860060E8CB6FCF396C69AA95F_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock_D02AD51860060E8CB6FCF396C69AA95F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock_D02AD51860060E8CB6FCF396C69AA95F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock_D02AD51860060E8CB6FCF396C69AA95F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Accrued Liabilities [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock_D02AD51860060E8CB6FCF396C69AA95F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock_D02AD51860060E8CB6FCF396C69AA95F" xlink:to="lab_us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock_D02AD51860060E8CB6FCF396C69AA95F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_48297C267CFEA3394036F396C69A7F94_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_48297C267CFEA3394036F396C69A7F94" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Changes in the warranty accrual</link:label>
    <link:label id="lab_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_48297C267CFEA3394036F396C69A7F94_label_en-US" xlink:label="lab_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_48297C267CFEA3394036F396C69A7F94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Product Warranty Liability [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_48297C267CFEA3394036F396C69A7F94" xlink:type="locator" />
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    <link:label id="lab_tol_InvestmentsInNonPerformingLoanPortfoliosAndForeclosedRealEstateAbstract_1B4FCA4F66FEE079F578F396C2BC6C67_label_en-US" xlink:label="lab_tol_InvestmentsInNonPerformingLoanPortfoliosAndForeclosedRealEstateAbstract_1B4FCA4F66FEE079F578F396C2BC6C67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in Non-Performing Loan Portfolios and Foreclosed Real Estate [Abstract]</link:label>
    <link:label id="lab_tol_InvestmentsInNonPerformingLoanPortfoliosAndForeclosedRealEstateAbstract_1B4FCA4F66FEE079F578F396C2BC6C67_documentation_en-US" xlink:label="lab_tol_InvestmentsInNonPerformingLoanPortfoliosAndForeclosedRealEstateAbstract_1B4FCA4F66FEE079F578F396C2BC6C67" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments in non-performing loan portfolios and foreclosed real estate.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_InvestmentsInNonPerformingLoanPortfoliosAndForeclosedRealEstateAbstract" xlink:label="loc_tol_InvestmentsInNonPerformingLoanPortfoliosAndForeclosedRealEstateAbstract_1B4FCA4F66FEE079F578F396C2BC6C67" xlink:type="locator" />
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    <link:label id="lab_tol_InvestmentInNonPerformingLoanPortfoliosTableTextBlock_5F1D8B500F57599F381BF396C2BC987C_verboseLabel_en-US" xlink:label="lab_tol_InvestmentInNonPerformingLoanPortfoliosTableTextBlock_5F1D8B500F57599F381BF396C2BC987C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Investment in non-performing loan portfolios</link:label>
    <link:label id="lab_tol_InvestmentInNonPerformingLoanPortfoliosTableTextBlock_5F1D8B500F57599F381BF396C2BC987C_label_en-US" xlink:label="lab_tol_InvestmentInNonPerformingLoanPortfoliosTableTextBlock_5F1D8B500F57599F381BF396C2BC987C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment in Non-Performing Loan Portfolios [Table Text Block]</link:label>
    <link:label id="lab_tol_InvestmentInNonPerformingLoanPortfoliosTableTextBlock_5F1D8B500F57599F381BF396C2BC987C_documentation_en-US" xlink:label="lab_tol_InvestmentInNonPerformingLoanPortfoliosTableTextBlock_5F1D8B500F57599F381BF396C2BC987C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment in non-performing loan portfolios.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_InvestmentInNonPerformingLoanPortfoliosTableTextBlock" xlink:label="loc_tol_InvestmentInNonPerformingLoanPortfoliosTableTextBlock_5F1D8B500F57599F381BF396C2BC987C" xlink:type="locator" />
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    <link:label id="lab_tol_ActivityInAccretableYieldForInvestmentInNonPerformingLoanPortfoliosTableTextBlock_B3F3D718187771B11D90F396C2BCD9E2_verboseLabel_en-US" xlink:label="lab_tol_ActivityInAccretableYieldForInvestmentInNonPerformingLoanPortfoliosTableTextBlock_B3F3D718187771B11D90F396C2BCD9E2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Activity in accretable yield for investment in non-performing loan portfolios</link:label>
    <link:label id="lab_tol_ActivityInAccretableYieldForInvestmentInNonPerformingLoanPortfoliosTableTextBlock_B3F3D718187771B11D90F396C2BCD9E2_label_en-US" xlink:label="lab_tol_ActivityInAccretableYieldForInvestmentInNonPerformingLoanPortfoliosTableTextBlock_B3F3D718187771B11D90F396C2BCD9E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Activity in Accretable Yield for Investment In Non-Performing Loan Portfolios [Table Text Block]</link:label>
    <link:label id="lab_tol_ActivityInAccretableYieldForInvestmentInNonPerformingLoanPortfoliosTableTextBlock_B3F3D718187771B11D90F396C2BCD9E2_documentation_en-US" xlink:label="lab_tol_ActivityInAccretableYieldForInvestmentInNonPerformingLoanPortfoliosTableTextBlock_B3F3D718187771B11D90F396C2BCD9E2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Activity in accretable yield for investment in non-performing loan portfolios.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_ActivityInAccretableYieldForInvestmentInNonPerformingLoanPortfoliosTableTextBlock" xlink:label="loc_tol_ActivityInAccretableYieldForInvestmentInNonPerformingLoanPortfoliosTableTextBlock_B3F3D718187771B11D90F396C2BCD9E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_ActivityInAccretableYieldForInvestmentInNonPerformingLoanPortfoliosTableTextBlock_B3F3D718187771B11D90F396C2BCD9E2" xlink:to="lab_tol_ActivityInAccretableYieldForInvestmentInNonPerformingLoanPortfoliosTableTextBlock_B3F3D718187771B11D90F396C2BCD9E2" xlink:type="arc" />
    <link:label id="lab_tol_ScheduleOfChangesInRealEstateOwnedTableTextBlock_B63652A4980009372B9CF396C2BCF744_terseLabel_en-US" xlink:label="lab_tol_ScheduleOfChangesInRealEstateOwnedTableTextBlock_B63652A4980009372B9CF396C2BCF744" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Changes in Real Estate Owned [Table Text Block]</link:label>
    <link:label id="lab_tol_ScheduleOfChangesInRealEstateOwnedTableTextBlock_B63652A4980009372B9CF396C2BCF744_label_en-US" xlink:label="lab_tol_ScheduleOfChangesInRealEstateOwnedTableTextBlock_B63652A4980009372B9CF396C2BCF744" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Changes in Real Estate Owned [Table Text Block]</link:label>
    <link:label id="lab_tol_ScheduleOfChangesInRealEstateOwnedTableTextBlock_B63652A4980009372B9CF396C2BCF744_documentation_en-US" xlink:label="lab_tol_ScheduleOfChangesInRealEstateOwnedTableTextBlock_B63652A4980009372B9CF396C2BCF744" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of changes in real estate owned during the period</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_ScheduleOfChangesInRealEstateOwnedTableTextBlock" xlink:label="loc_tol_ScheduleOfChangesInRealEstateOwnedTableTextBlock_B63652A4980009372B9CF396C2BCF744" xlink:type="locator" />
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    <link:label id="lab_tol_InventoryTextualAbstract_34D318BF036E06538E924522587E8B5D_verboseLabel_en-US" xlink:label="lab_tol_InventoryTextualAbstract_34D318BF036E06538E924522587E8B5D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Inventory (Textual) [Abstract]</link:label>
    <link:label id="lab_tol_InventoryTextualAbstract_34D318BF036E06538E924522587E8B5D_label_en-US" xlink:label="lab_tol_InventoryTextualAbstract_34D318BF036E06538E924522587E8B5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory (Textual) [Abstract]</link:label>
    <link:label id="lab_tol_InventoryTextualAbstract_34D318BF036E06538E924522587E8B5D_documentation_en-US" xlink:label="lab_tol_InventoryTextualAbstract_34D318BF036E06538E924522587E8B5D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Inventory.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_InventoryTextualAbstract" xlink:label="loc_tol_InventoryTextualAbstract_34D318BF036E06538E924522587E8B5D" xlink:type="locator" />
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    <link:label id="lab_tol_NumberOfDeterminedLandPurchaseContracts_95C6D7CE6AAD1FA574384522587F309B_verboseLabel_en-US" xlink:label="lab_tol_NumberOfDeterminedLandPurchaseContracts_95C6D7CE6AAD1FA574384522587F309B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Number of VIE Land Purchase Contracts (in ones)</link:label>
    <link:label id="lab_tol_NumberOfDeterminedLandPurchaseContracts_95C6D7CE6AAD1FA574384522587F309B_label_en-US" xlink:label="lab_tol_NumberOfDeterminedLandPurchaseContracts_95C6D7CE6AAD1FA574384522587F309B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Determined Land Purchase Contracts</link:label>
    <link:label id="lab_tol_NumberOfDeterminedLandPurchaseContracts_95C6D7CE6AAD1FA574384522587F309B_documentation_en-US" xlink:label="lab_tol_NumberOfDeterminedLandPurchaseContracts_95C6D7CE6AAD1FA574384522587F309B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of land purchase contracts determined to be with VIEs.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_NumberOfDeterminedLandPurchaseContracts" xlink:label="loc_tol_NumberOfDeterminedLandPurchaseContracts_95C6D7CE6AAD1FA574384522587F309B" xlink:type="locator" />
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    <link:label id="lab_tol_AggregatePurchasePriceOfLands_D3CC734FFA5FADF0F1384522587F0495_verboseLabel_en-US" xlink:label="lab_tol_AggregatePurchasePriceOfLands_D3CC734FFA5FADF0F1384522587F0495" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Aggregate purchase price of VIE lands</link:label>
    <link:label id="lab_tol_AggregatePurchasePriceOfLands_D3CC734FFA5FADF0F1384522587F0495_label_en-US" xlink:label="lab_tol_AggregatePurchasePriceOfLands_D3CC734FFA5FADF0F1384522587F0495" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aggregate Purchase Price of Lands</link:label>
    <link:label id="lab_tol_AggregatePurchasePriceOfLands_D3CC734FFA5FADF0F1384522587F0495_documentation_en-US" xlink:label="lab_tol_AggregatePurchasePriceOfLands_D3CC734FFA5FADF0F1384522587F0495" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The aggregate purchase price of land where the selling entity was determined to be a VIE.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_AggregatePurchasePriceOfLands" xlink:label="loc_tol_AggregatePurchasePriceOfLands_D3CC734FFA5FADF0F1384522587F0495" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_AggregatePurchasePriceOfLands_D3CC734FFA5FADF0F1384522587F0495" xlink:to="lab_tol_AggregatePurchasePriceOfLands_D3CC734FFA5FADF0F1384522587F0495" xlink:type="arc" />
    <link:label id="lab_tol_DepositsForPurchaseOfLandsWithVieEntities_69A15A812C5F8EBF088D4522587F36A3_verboseLabel_en-US" xlink:label="lab_tol_DepositsForPurchaseOfLandsWithVieEntities_69A15A812C5F8EBF088D4522587F36A3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deposits for purchase of lands with VIE entities</link:label>
    <link:label id="lab_tol_DepositsForPurchaseOfLandsWithVieEntities_69A15A812C5F8EBF088D4522587F36A3_label_en-US" xlink:label="lab_tol_DepositsForPurchaseOfLandsWithVieEntities_69A15A812C5F8EBF088D4522587F36A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits for Purchase of Lands with Vie Entities</link:label>
    <link:label id="lab_tol_DepositsForPurchaseOfLandsWithVieEntities_69A15A812C5F8EBF088D4522587F36A3_documentation_en-US" xlink:label="lab_tol_DepositsForPurchaseOfLandsWithVieEntities_69A15A812C5F8EBF088D4522587F36A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of the deposits on land purchase agreement where the selling entity was determined to be a VIE.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_DepositsForPurchaseOfLandsWithVieEntities" xlink:label="loc_tol_DepositsForPurchaseOfLandsWithVieEntities_69A15A812C5F8EBF088D4522587F36A3" xlink:type="locator" />
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    <link:label id="lab_tol_ReductionInCapitalizedInterest_25C5160E46D3795811804522587FA214_verboseLabel_en-US" xlink:label="lab_tol_ReductionInCapitalizedInterest_25C5160E46D3795811804522587FA214" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Reduction in Capitalized Interest</link:label>
    <link:label id="lab_tol_ReductionInCapitalizedInterest_25C5160E46D3795811804522587FA214_label_en-US" xlink:label="lab_tol_ReductionInCapitalizedInterest_25C5160E46D3795811804522587FA214" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reduction in Capitalized Interest</link:label>
    <link:label id="lab_tol_ReductionInCapitalizedInterest_25C5160E46D3795811804522587FA214_documentation_en-US" xlink:label="lab_tol_ReductionInCapitalizedInterest_25C5160E46D3795811804522587FA214" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The estimated amount, had inventory impairment changes been allocated on a pro rata bases to the individual components of inventory, that capitalized interest would have been reduced by.</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="loc_us-gaap_CreditFacilityAxis_3190B487503F8AB0396B410EECFF9EF5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityAxis_3190B487503F8AB0396B410EECFF9EF5" xlink:to="lab_us-gaap_CreditFacilityAxis_3190B487503F8AB0396B410EECFF9EF5" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityDomain_DBCDB86CF75AA72BEC60410EECFF57D9_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_DBCDB86CF75AA72BEC60410EECFF57D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityDomain_DBCDB86CF75AA72BEC60410EECFF57D9_label_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_DBCDB86CF75AA72BEC60410EECFF57D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_us-gaap_CreditFacilityDomain_DBCDB86CF75AA72BEC60410EECFF57D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityDomain_DBCDB86CF75AA72BEC60410EECFF57D9" xlink:to="lab_us-gaap_CreditFacilityDomain_DBCDB86CF75AA72BEC60410EECFF57D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevolvingCreditFacilityMember_D295B57B5823F682EB79410EECFF58A4_terseLabel_en-US" xlink:label="lab_us-gaap_RevolvingCreditFacilityMember_D295B57B5823F682EB79410EECFF58A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revolving Credit Facility [Member]</link:label>
    <link:label id="lab_us-gaap_RevolvingCreditFacilityMember_D295B57B5823F682EB79410EECFF58A4_label_en-US" xlink:label="lab_us-gaap_RevolvingCreditFacilityMember_D295B57B5823F682EB79410EECFF58A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revolving Credit Facility [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RevolvingCreditFacilityMember" xlink:label="loc_us-gaap_RevolvingCreditFacilityMember_D295B57B5823F682EB79410EECFF58A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevolvingCreditFacilityMember_D295B57B5823F682EB79410EECFF58A4" xlink:to="lab_us-gaap_RevolvingCreditFacilityMember_D295B57B5823F682EB79410EECFF58A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityLineItems_5B082DA1900AAB6EF330410EECFFE276_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLineItems_5B082DA1900AAB6EF330410EECFFE276" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Line Items]</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityLineItems_5B082DA1900AAB6EF330410EECFFE276_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLineItems_5B082DA1900AAB6EF330410EECFFE276" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="loc_us-gaap_LineOfCreditFacilityLineItems_5B082DA1900AAB6EF330410EECFFE276" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_5B082DA1900AAB6EF330410EECFFE276" xlink:to="lab_us-gaap_LineOfCreditFacilityLineItems_5B082DA1900AAB6EF330410EECFFE276" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_E5B850429CDB61C17692410EECFFAD1D_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_E5B850429CDB61C17692410EECFFAD1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_E5B850429CDB61C17692410EECFFAD1D_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_E5B850429CDB61C17692410EECFFAD1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_E5B850429CDB61C17692410EECFFAD1D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_E5B850429CDB61C17692410EECFFAD1D" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_E5B850429CDB61C17692410EECFFAD1D" xlink:type="arc" />
    <link:label id="lab_tol_LineofCreditFacilitytermofcontract_7252491E55895EDE5DD9410EECFFD5A2_terseLabel_en-US" xlink:label="lab_tol_LineofCreditFacilitytermofcontract_7252491E55895EDE5DD9410EECFFD5A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, term of contract</link:label>
    <link:label id="lab_tol_LineofCreditFacilitytermofcontract_7252491E55895EDE5DD9410EECFFD5A2_label_en-US" xlink:label="lab_tol_LineofCreditFacilitytermofcontract_7252491E55895EDE5DD9410EECFFD5A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, term of contract</link:label>
    <link:label id="lab_tol_LineofCreditFacilitytermofcontract_7252491E55895EDE5DD9410EECFFD5A2_documentation_en-US" xlink:label="lab_tol_LineofCreditFacilitytermofcontract_7252491E55895EDE5DD9410EECFFD5A2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Period the Line of Credit Facility is outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_LineofCreditFacilitytermofcontract" xlink:label="loc_tol_LineofCreditFacilitytermofcontract_7252491E55895EDE5DD9410EECFFD5A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_LineofCreditFacilitytermofcontract_7252491E55895EDE5DD9410EECFFD5A2" xlink:to="lab_tol_LineofCreditFacilitytermofcontract_7252491E55895EDE5DD9410EECFFD5A2" xlink:type="arc" />
    <link:label id="lab_tol_LineofCreditFacilityNumberofBanksincluded_3592B37632EDC4814FE1410EECFF6555_terseLabel_en-US" xlink:label="lab_tol_LineofCreditFacilityNumberofBanksincluded_3592B37632EDC4814FE1410EECFF6555" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Number of Banks included</link:label>
    <link:label id="lab_tol_LineofCreditFacilityNumberofBanksincluded_3592B37632EDC4814FE1410EECFF6555_label_en-US" xlink:label="lab_tol_LineofCreditFacilityNumberofBanksincluded_3592B37632EDC4814FE1410EECFF6555" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Number of Banks included</link:label>
    <link:label id="lab_tol_LineofCreditFacilityNumberofBanksincluded_3592B37632EDC4814FE1410EECFF6555_documentation_en-US" xlink:label="lab_tol_LineofCreditFacilityNumberofBanksincluded_3592B37632EDC4814FE1410EECFF6555" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of financial institutions participating in the credit facility.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_LineofCreditFacilityNumberofBanksincluded" xlink:label="loc_tol_LineofCreditFacilityNumberofBanksincluded_3592B37632EDC4814FE1410EECFF6555" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_LineofCreditFacilityNumberofBanksincluded_3592B37632EDC4814FE1410EECFF6555" xlink:to="lab_tol_LineofCreditFacilityNumberofBanksincluded_3592B37632EDC4814FE1410EECFF6555" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityExpirationDate1_13967B56468A26167A72410EECFF2AEB_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityExpirationDate1_13967B56468A26167A72410EECFF2AEB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Expiration Date</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityExpirationDate1_13967B56468A26167A72410EECFF2AEB_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityExpirationDate1_13967B56468A26167A72410EECFF2AEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Expiration Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LineOfCreditFacilityExpirationDate1" xlink:label="loc_us-gaap_LineOfCreditFacilityExpirationDate1_13967B56468A26167A72410EECFF2AEB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityExpirationDate1_13967B56468A26167A72410EECFF2AEB" xlink:to="lab_us-gaap_LineOfCreditFacilityExpirationDate1_13967B56468A26167A72410EECFF2AEB" xlink:type="arc" />
    <link:label id="lab_tol_Lineofcreditfacilityavailableforlettersofcredit_67981BC69B0C05579A20410EECFF3601_terseLabel_en-US" xlink:label="lab_tol_Lineofcreditfacilityavailableforlettersofcredit_67981BC69B0C05579A20410EECFF3601" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of credit facility, available for letters of credit</link:label>
    <link:label id="lab_tol_Lineofcreditfacilityavailableforlettersofcredit_67981BC69B0C05579A20410EECFF3601_label_en-US" xlink:label="lab_tol_Lineofcreditfacilityavailableforlettersofcredit_67981BC69B0C05579A20410EECFF3601" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of credit facility, available for letters of credit</link:label>
    <link:label id="lab_tol_Lineofcreditfacilityavailableforlettersofcredit_67981BC69B0C05579A20410EECFF3601_documentation_en-US" xlink:label="lab_tol_Lineofcreditfacilityavailableforlettersofcredit_67981BC69B0C05579A20410EECFF3601" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line of credit facility, amount available for letters of credit</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_Lineofcreditfacilityavailableforlettersofcredit" xlink:label="loc_tol_Lineofcreditfacilityavailableforlettersofcredit_67981BC69B0C05579A20410EECFF3601" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_Lineofcreditfacilityavailableforlettersofcredit_67981BC69B0C05579A20410EECFF3601" xlink:to="lab_tol_Lineofcreditfacilityavailableforlettersofcredit_67981BC69B0C05579A20410EECFF3601" xlink:type="arc" />
    <link:label id="lab_tol_MortgageLoanFacilityMaximumBorrowingCapacityIncreased_D3E1349B7FD6BB029FEF410EECFFEC23_terseLabel_en-US" xlink:label="lab_tol_MortgageLoanFacilityMaximumBorrowingCapacityIncreased_D3E1349B7FD6BB029FEF410EECFFEC23" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loan Facility Maximum Borrowing Capacity Increased</link:label>
    <link:label id="lab_tol_MortgageLoanFacilityMaximumBorrowingCapacityIncreased_D3E1349B7FD6BB029FEF410EECFFEC23_label_en-US" xlink:label="lab_tol_MortgageLoanFacilityMaximumBorrowingCapacityIncreased_D3E1349B7FD6BB029FEF410EECFFEC23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loan Facility Maximum Borrowing Capacity Increased</link:label>
    <link:label id="lab_tol_MortgageLoanFacilityMaximumBorrowingCapacityIncreased_D3E1349B7FD6BB029FEF410EECFFEC23_documentation_en-US" xlink:label="lab_tol_MortgageLoanFacilityMaximumBorrowingCapacityIncreased_D3E1349B7FD6BB029FEF410EECFFEC23" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The maximum amount of the borrowing capacity under the faciltiy if the Company were to exercise the accordion feature as permitted by the facility agreement.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_MortgageLoanFacilityMaximumBorrowingCapacityIncreased" xlink:label="loc_tol_MortgageLoanFacilityMaximumBorrowingCapacityIncreased_D3E1349B7FD6BB029FEF410EECFFEC23" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_MortgageLoanFacilityMaximumBorrowingCapacityIncreased_D3E1349B7FD6BB029FEF410EECFFEC23" xlink:to="lab_tol_MortgageLoanFacilityMaximumBorrowingCapacityIncreased_D3E1349B7FD6BB029FEF410EECFFEC23" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3D906DF1BED792912A86410EECFFDC17_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3D906DF1BED792912A86410EECFFDC17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate at Period End</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3D906DF1BED792912A86410EECFFDC17_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3D906DF1BED792912A86410EECFFDC17" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Effective Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3D906DF1BED792912A86410EECFFDC17" xlink:type="locator" />
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    <link:label id="lab_tol_MaximumPermissibleLeverageRatio_25C862AC91909309A416410EECFFF8EF_terseLabel_en-US" xlink:label="lab_tol_MaximumPermissibleLeverageRatio_25C862AC91909309A416410EECFFF8EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum Permissible Leverage Ratio</link:label>
    <link:label id="lab_tol_MaximumPermissibleLeverageRatio_25C862AC91909309A416410EECFFF8EF_label_en-US" xlink:label="lab_tol_MaximumPermissibleLeverageRatio_25C862AC91909309A416410EECFFF8EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Permissible Leverage Ratio</link:label>
    <link:label id="lab_tol_MaximumPermissibleLeverageRatio_25C862AC91909309A416410EECFFF8EF_documentation_en-US" xlink:label="lab_tol_MaximumPermissibleLeverageRatio_25C862AC91909309A416410EECFFF8EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The Company's maximum leverage ratio permitted under the credit facility.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_MaximumPermissibleLeverageRatio" xlink:label="loc_tol_MaximumPermissibleLeverageRatio_25C862AC91909309A416410EECFFF8EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_MaximumPermissibleLeverageRatio_25C862AC91909309A416410EECFFF8EF" xlink:to="lab_tol_MaximumPermissibleLeverageRatio_25C862AC91909309A416410EECFFF8EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinimumNetWorthRequiredForCompliance_EE41E6FE38D356130EB8410EECFF4E94_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumNetWorthRequiredForCompliance_EE41E6FE38D356130EB8410EECFF4E94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum Net Worth Required for Compliance</link:label>
    <link:label id="lab_us-gaap_MinimumNetWorthRequiredForCompliance_EE41E6FE38D356130EB8410EECFF4E94_label_en-US" xlink:label="lab_us-gaap_MinimumNetWorthRequiredForCompliance_EE41E6FE38D356130EB8410EECFF4E94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Net Worth Required for Compliance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MinimumNetWorthRequiredForCompliance" xlink:label="loc_us-gaap_MinimumNetWorthRequiredForCompliance_EE41E6FE38D356130EB8410EECFF4E94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumNetWorthRequiredForCompliance_EE41E6FE38D356130EB8410EECFF4E94" xlink:to="lab_us-gaap_MinimumNetWorthRequiredForCompliance_EE41E6FE38D356130EB8410EECFF4E94" xlink:type="arc" />
    <link:label id="lab_tol_ExistingLeverageRatio_6BDFA12137FCBECBC860410EECFF8791_terseLabel_en-US" xlink:label="lab_tol_ExistingLeverageRatio_6BDFA12137FCBECBC860410EECFF8791" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Existing Leverage Ratio</link:label>
    <link:label id="lab_tol_ExistingLeverageRatio_6BDFA12137FCBECBC860410EECFF8791_label_en-US" xlink:label="lab_tol_ExistingLeverageRatio_6BDFA12137FCBECBC860410EECFF8791" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Existing Leverage Ratio</link:label>
    <link:label id="lab_tol_ExistingLeverageRatio_6BDFA12137FCBECBC860410EECFF8791_documentation_en-US" xlink:label="lab_tol_ExistingLeverageRatio_6BDFA12137FCBECBC860410EECFF8791" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The Company's leverage ratio as of the balance sheet date.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_ExistingLeverageRatio" xlink:label="loc_tol_ExistingLeverageRatio_6BDFA12137FCBECBC860410EECFF8791" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_ExistingLeverageRatio_6BDFA12137FCBECBC860410EECFF8791" xlink:to="lab_tol_ExistingLeverageRatio_6BDFA12137FCBECBC860410EECFF8791" xlink:type="arc" />
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    <link:label id="lab_tol_TangibleNetWorth_A4464DD81A437B9EC448410EECFF3960_label_en-US" xlink:label="lab_tol_TangibleNetWorth_A4464DD81A437B9EC448410EECFF3960" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tangible Net Worth</link:label>
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    <link:label id="lab_tol_BusinessCombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedassetsexcludingcash_9347971DDF4721F1EB6D37021395E37A_terseLabel_en-US" xlink:label="lab_tol_BusinessCombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedassetsexcludingcash_9347971DDF4721F1EB6D37021395E37A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Combination, recognized identifiable assets acquired and liabilities assumed, assets excluding cash</link:label>
    <link:label id="lab_tol_BusinessCombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedassetsexcludingcash_9347971DDF4721F1EB6D37021395E37A_label_en-US" xlink:label="lab_tol_BusinessCombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedassetsexcludingcash_9347971DDF4721F1EB6D37021395E37A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, recognized identifiable assets acquired and liabilities assumed, assets excluding cash</link:label>
    <link:label id="lab_tol_BusinessCombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedassetsexcludingcash_9347971DDF4721F1EB6D37021395E37A_documentation_en-US" xlink:label="lab_tol_BusinessCombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedassetsexcludingcash_9347971DDF4721F1EB6D37021395E37A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">In a business combination, the amount of assets acquired, excluding cash acquired.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_BusinessCombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedassetsexcludingcash" xlink:label="loc_tol_BusinessCombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedassetsexcludingcash_9347971DDF4721F1EB6D37021395E37A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_16D97DB19EA4CDB7CA6E370213954023_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_16D97DB19EA4CDB7CA6E370213954023" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_16D97DB19EA4CDB7CA6E370213954023" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_3514997AA0B4C25A876C3702139A08B7_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_3514997AA0B4C25A876C3702139A08B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Net of Cash Acquired</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_3514997AA0B4C25A876C3702139A08B7_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_3514997AA0B4C25A876C3702139A08B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Net of Cash Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_3514997AA0B4C25A876C3702139A08B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_3514997AA0B4C25A876C3702139A08B7" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_3514997AA0B4C25A876C3702139A08B7" xlink:type="arc" />
    <link:label id="lab_tol_SupplementalDisclosuresToStatementsOfCashFlowsAbstract_4033D86812B939F13CDC3702139A57F1_verboseLabel_en-US" xlink:label="lab_tol_SupplementalDisclosuresToStatementsOfCashFlowsAbstract_4033D86812B939F13CDC3702139A57F1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Supplemental disclosures to the statements of cash flows</link:label>
    <link:label id="lab_tol_SupplementalDisclosuresToStatementsOfCashFlowsAbstract_4033D86812B939F13CDC3702139A57F1_label_en-US" xlink:label="lab_tol_SupplementalDisclosuresToStatementsOfCashFlowsAbstract_4033D86812B939F13CDC3702139A57F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Disclosures to the Statements of Cash Flows [Abstract]</link:label>
    <link:label id="lab_tol_SupplementalDisclosuresToStatementsOfCashFlowsAbstract_4033D86812B939F13CDC3702139A57F1_documentation_en-US" xlink:label="lab_tol_SupplementalDisclosuresToStatementsOfCashFlowsAbstract_4033D86812B939F13CDC3702139A57F1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Supplemental disclosures to the statements of cash flows.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_SupplementalDisclosuresToStatementsOfCashFlowsAbstract" xlink:label="loc_tol_SupplementalDisclosuresToStatementsOfCashFlowsAbstract_4033D86812B939F13CDC3702139A57F1" xlink:type="locator" />
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    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_5F6940B22926F13778803702139B9F54_verboseLabel_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_5F6940B22926F13778803702139B9F54" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash flow information:</link:label>
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_5F6940B22926F13778803702139B9F54_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_5F6940B22926F13778803702139B9F54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract_5F6940B22926F13778803702139B9F54" xlink:type="locator" />
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    <link:label id="lab_tol_InterestCapitalizedNetofAmountsPaid_7A7D7A7A56CB0F71F8763702139BE294_terseLabel_en-US" xlink:label="lab_tol_InterestCapitalizedNetofAmountsPaid_7A7D7A7A56CB0F71F8763702139BE294" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Capitalized Net of Amounts Paid</link:label>
    <link:label id="lab_tol_InterestCapitalizedNetofAmountsPaid_7A7D7A7A56CB0F71F8763702139BE294_label_en-US" xlink:label="lab_tol_InterestCapitalizedNetofAmountsPaid_7A7D7A7A56CB0F71F8763702139BE294" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Capitalized Net of Amounts Paid</link:label>
    <link:label id="lab_tol_InterestCapitalizedNetofAmountsPaid_7A7D7A7A56CB0F71F8763702139BE294_documentation_en-US" xlink:label="lab_tol_InterestCapitalizedNetofAmountsPaid_7A7D7A7A56CB0F71F8763702139BE294" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Capitalized Net of Amounts Paid</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_InterestCapitalizedNetofAmountsPaid" xlink:label="loc_tol_InterestCapitalizedNetofAmountsPaid_7A7D7A7A56CB0F71F8763702139BE294" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeTaxesPaid_46F14882793F2F6E99613702139B3788_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaid_46F14882793F2F6E99613702139B3788" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income tax payment</link:label>
    <link:label id="lab_us-gaap_IncomeTaxesPaid_46F14882793F2F6E99613702139B3788_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaid_46F14882793F2F6E99613702139B3788" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxesPaid" xlink:label="loc_us-gaap_IncomeTaxesPaid_46F14882793F2F6E99613702139B3788" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesPaid_46F14882793F2F6E99613702139B3788" xlink:to="lab_us-gaap_IncomeTaxesPaid_46F14882793F2F6E99613702139B3788" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIncomeTaxRefunds_A0DE2EA9D1EFAFB741AA3702139BDA0D_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIncomeTaxRefunds_A0DE2EA9D1EFAFB741AA3702139BDA0D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income tax refunds</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIncomeTaxRefunds_A0DE2EA9D1EFAFB741AA3702139BDA0D_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIncomeTaxRefunds_A0DE2EA9D1EFAFB741AA3702139BDA0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Income Tax Refunds</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromIncomeTaxRefunds" xlink:label="loc_us-gaap_ProceedsFromIncomeTaxRefunds_A0DE2EA9D1EFAFB741AA3702139BDA0D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIncomeTaxRefunds_A0DE2EA9D1EFAFB741AA3702139BDA0D" xlink:to="lab_us-gaap_ProceedsFromIncomeTaxRefunds_A0DE2EA9D1EFAFB741AA3702139BDA0D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_D694F63A73A419BFA83F3702139BF6B9_verboseLabel_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_D694F63A73A419BFA83F3702139BF6B9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-cash activity:</link:label>
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_D694F63A73A419BFA83F3702139BF6B9_label_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_D694F63A73A419BFA83F3702139BF6B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_D694F63A73A419BFA83F3702139BF6B9" xlink:type="locator" />
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    <link:label id="lab_tol_CostOfInventoryAcquiredThroughSellerFinancingOrRecordedDueToVieCriteria_2AAE5BE6ECD8B05052323702139CE1E1_verboseLabel_en-US" xlink:label="lab_tol_CostOfInventoryAcquiredThroughSellerFinancingOrRecordedDueToVieCriteria_2AAE5BE6ECD8B05052323702139CE1E1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cost of inventory acquired through seller financing municipal bonds or recorded due to VIE criteria, net</link:label>
    <link:label id="lab_tol_CostOfInventoryAcquiredThroughSellerFinancingOrRecordedDueToVieCriteria_2AAE5BE6ECD8B05052323702139CE1E1_label_en-US" xlink:label="lab_tol_CostOfInventoryAcquiredThroughSellerFinancingOrRecordedDueToVieCriteria_2AAE5BE6ECD8B05052323702139CE1E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of Inventory Acquired Through Seller Financing or Recorded Due to VIE Criteria</link:label>
    <link:label id="lab_tol_CostOfInventoryAcquiredThroughSellerFinancingOrRecordedDueToVieCriteria_2AAE5BE6ECD8B05052323702139CE1E1_documentation_en-US" xlink:label="lab_tol_CostOfInventoryAcquiredThroughSellerFinancingOrRecordedDueToVieCriteria_2AAE5BE6ECD8B05052323702139CE1E1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cost of inventory acquired through seller financing or recorded due to VIE criteria.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_CostOfInventoryAcquiredThroughSellerFinancingOrRecordedDueToVieCriteria" xlink:label="loc_tol_CostOfInventoryAcquiredThroughSellerFinancingOrRecordedDueToVieCriteria_2AAE5BE6ECD8B05052323702139CE1E1" xlink:type="locator" />
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    <link:label id="lab_tol_FinancedPortionOfLandSale_F1C41ED8F36AD4C9CDA73702139C8B04_terseLabel_en-US" xlink:label="lab_tol_FinancedPortionOfLandSale_F1C41ED8F36AD4C9CDA73702139C8B04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financed portion of land sale</link:label>
    <link:label id="lab_tol_FinancedPortionOfLandSale_F1C41ED8F36AD4C9CDA73702139C8B04_label_en-US" xlink:label="lab_tol_FinancedPortionOfLandSale_F1C41ED8F36AD4C9CDA73702139C8B04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financed portion of land sale</link:label>
    <link:label id="lab_tol_FinancedPortionOfLandSale_F1C41ED8F36AD4C9CDA73702139C8B04_documentation_en-US" xlink:label="lab_tol_FinancedPortionOfLandSale_F1C41ED8F36AD4C9CDA73702139C8B04" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A non-cash item representing the financed portion of land sale.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_FinancedPortionOfLandSale" xlink:label="loc_tol_FinancedPortionOfLandSale_F1C41ED8F36AD4C9CDA73702139C8B04" xlink:type="locator" />
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    <link:label id="lab_tol_ReductionInInventoryShareOfEquityEarningsLandPurchaseFromJv_6C1829A2FDC8081B4B203702139CED99_terseLabel_en-US" xlink:label="lab_tol_ReductionInInventoryShareOfEquityEarningsLandPurchaseFromJv_6C1829A2FDC8081B4B203702139CED99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reduction in inventory, share of equity earnings, land purchase from JV</link:label>
    <link:label id="lab_tol_ReductionInInventoryShareOfEquityEarningsLandPurchaseFromJv_6C1829A2FDC8081B4B203702139CED99_label_en-US" xlink:label="lab_tol_ReductionInInventoryShareOfEquityEarningsLandPurchaseFromJv_6C1829A2FDC8081B4B203702139CED99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reduction in inventory, share of equity earnings, land purchase from JV</link:label>
    <link:label id="lab_tol_ReductionInInventoryShareOfEquityEarningsLandPurchaseFromJv_6C1829A2FDC8081B4B203702139CED99_documentation_en-US" xlink:label="lab_tol_ReductionInInventoryShareOfEquityEarningsLandPurchaseFromJv_6C1829A2FDC8081B4B203702139CED99" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reduction in inventory for the Compnay's share of equity earnings on land purchased from JV by the Company.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_ReductionInInventoryShareOfEquityEarningsLandPurchaseFromJv" xlink:label="loc_tol_ReductionInInventoryShareOfEquityEarningsLandPurchaseFromJv_6C1829A2FDC8081B4B203702139CED99" xlink:type="locator" />
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    <link:label id="lab_tol_IncreaseininventoryduetotransferfromREO_1955C4B7AB968F4BF8463702139C6D20_terseLabel_en-US" xlink:label="lab_tol_IncreaseininventoryduetotransferfromREO_1955C4B7AB968F4BF8463702139C6D20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in inventory due to transfer from REO</link:label>
    <link:label id="lab_tol_IncreaseininventoryduetotransferfromREO_1955C4B7AB968F4BF8463702139C6D20_label_en-US" xlink:label="lab_tol_IncreaseininventoryduetotransferfromREO_1955C4B7AB968F4BF8463702139C6D20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase in inventory due to transfer from REO</link:label>
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    <link:label id="lab_tol_TransferOfInventoryToInvestment_E6C393AFD8BC7DCC17EA3702139C6A1F_verboseLabel_en-US" xlink:label="lab_tol_TransferOfInventoryToInvestment_E6C393AFD8BC7DCC17EA3702139C6A1F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non cash transfer of inventory to investment in unconsolidated entities</link:label>
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    <link:label id="lab_tol_TransferOfInventoryToInvestment_E6C393AFD8BC7DCC17EA3702139C6A1F_documentation_en-US" xlink:label="lab_tol_TransferOfInventoryToInvestment_E6C393AFD8BC7DCC17EA3702139C6A1F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non cash transfer of inventory to investment.</link:label>
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    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax_7EBBFAB8841F8658E27D3702139D273C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax_7EBBFAB8841F8658E27D3702139D273C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax</link:label>
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    <link:label id="lab_tol_ChangeInFairValueOfDebtGuarantees_CA5D0496E69757199E0E3702139DF5CB_terseLabel_en-US" xlink:label="lab_tol_ChangeInFairValueOfDebtGuarantees_CA5D0496E69757199E0E3702139DF5CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of debt guarantees</link:label>
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    <link:label id="lab_tol_MiscellaneousIncreasesToInvestmentsInUnconsolidatedEntities_910638A3BE9098CE15903702139D4CC1_verboseLabel_en-US" xlink:label="lab_tol_MiscellaneousIncreasesToInvestmentsInUnconsolidatedEntities_910638A3BE9098CE15903702139D4CC1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Miscellaneous increases (decreases) to investments in unconsolidated entities</link:label>
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    <link:label id="lab_us-gaap_RangeMember_E8325E82E0D6C5A42F1A411266661E99_label_en-US" xlink:label="lab_us-gaap_RangeMember_E8325E82E0D6C5A42F1A411266661E99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
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    <link:label id="lab_us-gaap_MinimumMember_BC92C921AEC0F226B878411266667B4B_label_en-US" xlink:label="lab_us-gaap_MinimumMember_BC92C921AEC0F226B878411266667B4B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
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    <link:label id="lab_us-gaap_MaximumMember_6292B8CB28F5E0B2E9A44112666692D8_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_6292B8CB28F5E0B2E9A44112666692D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:label id="lab_us-gaap_MaximumMember_6292B8CB28F5E0B2E9A44112666692D8_label_en-US" xlink:label="lab_us-gaap_MaximumMember_6292B8CB28F5E0B2E9A44112666692D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_6292B8CB28F5E0B2E9A44112666692D8" xlink:type="locator" />
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    <link:label id="lab_tol_DevelopmentJointVenturesTotalMember_8EFEB610D37B9586D2F1411266667CCF_terseLabel_en-US" xlink:label="lab_tol_DevelopmentJointVenturesTotalMember_8EFEB610D37B9586D2F1411266667CCF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Development Joint Ventures, Total [Member]</link:label>
    <link:label id="lab_tol_DevelopmentJointVenturesTotalMember_8EFEB610D37B9586D2F1411266667CCF_label_en-US" xlink:label="lab_tol_DevelopmentJointVenturesTotalMember_8EFEB610D37B9586D2F1411266667CCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Development Joint Ventures, Total [Member]</link:label>
    <link:label id="lab_tol_DevelopmentJointVenturesTotalMember_8EFEB610D37B9586D2F1411266667CCF_documentation_en-US" xlink:label="lab_tol_DevelopmentJointVenturesTotalMember_8EFEB610D37B9586D2F1411266667CCF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Development Joint Ventures, Total - The Company has investments in and advances to a number of joint ventures with unrelated parties to develop land [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_DevelopmentJointVenturesTotalMember" xlink:label="loc_tol_DevelopmentJointVenturesTotalMember_8EFEB610D37B9586D2F1411266667CCF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_DevelopmentJointVenturesTotalMember_8EFEB610D37B9586D2F1411266667CCF" xlink:to="lab_tol_DevelopmentJointVenturesTotalMember_8EFEB610D37B9586D2F1411266667CCF" xlink:type="arc" />
    <link:label id="lab_tol_DevelopmentJointVenturefiveMember_ECEDCD134EA639A5619C411266660694_terseLabel_en-US" xlink:label="lab_tol_DevelopmentJointVenturefiveMember_ECEDCD134EA639A5619C411266660694" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Development Joint Venture (five) [Member]</link:label>
    <link:label id="lab_tol_DevelopmentJointVenturefiveMember_ECEDCD134EA639A5619C411266660694_label_en-US" xlink:label="lab_tol_DevelopmentJointVenturefiveMember_ECEDCD134EA639A5619C411266660694" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Development Joint Venture (five) [Member]</link:label>
    <link:label id="lab_tol_DevelopmentJointVenturefiveMember_ECEDCD134EA639A5619C411266660694_documentation_en-US" xlink:label="lab_tol_DevelopmentJointVenturefiveMember_ECEDCD134EA639A5619C411266660694" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Development Joint Venture (five) [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_DevelopmentJointVenturefiveMember" xlink:label="loc_tol_DevelopmentJointVenturefiveMember_ECEDCD134EA639A5619C411266660694" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_DevelopmentJointVenturefiveMember_ECEDCD134EA639A5619C411266660694" xlink:to="lab_tol_DevelopmentJointVenturefiveMember_ECEDCD134EA639A5619C411266660694" xlink:type="arc" />
    <link:label id="lab_tol_DevelopmentJointVenturetwoMember_319478E8A8E7EBFA9BF041126666FE57_terseLabel_en-US" xlink:label="lab_tol_DevelopmentJointVenturetwoMember_319478E8A8E7EBFA9BF041126666FE57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Development Joint Venture (two) [Member]</link:label>
    <link:label id="lab_tol_DevelopmentJointVenturetwoMember_319478E8A8E7EBFA9BF041126666FE57_label_en-US" xlink:label="lab_tol_DevelopmentJointVenturetwoMember_319478E8A8E7EBFA9BF041126666FE57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Development Joint Venture(two) [Member]</link:label>
    <link:label id="lab_tol_DevelopmentJointVenturetwoMember_319478E8A8E7EBFA9BF041126666FE57_documentation_en-US" xlink:label="lab_tol_DevelopmentJointVenturetwoMember_319478E8A8E7EBFA9BF041126666FE57" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Development Joint Venture (two) [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_DevelopmentJointVenturetwoMember" xlink:label="loc_tol_DevelopmentJointVenturetwoMember_319478E8A8E7EBFA9BF041126666FE57" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_DevelopmentJointVenturetwoMember_319478E8A8E7EBFA9BF041126666FE57" xlink:to="lab_tol_DevelopmentJointVenturetwoMember_319478E8A8E7EBFA9BF041126666FE57" xlink:type="arc" />
    <link:label id="lab_tol_DevelopmentJointVenturethreeMemberMember_12D46B8E954BBE40683141126666C418_terseLabel_en-US" xlink:label="lab_tol_DevelopmentJointVenturethreeMemberMember_12D46B8E954BBE40683141126666C418" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Development Joint Venture (three) [Member]</link:label>
    <link:label id="lab_tol_DevelopmentJointVenturethreeMemberMember_12D46B8E954BBE40683141126666C418_label_en-US" xlink:label="lab_tol_DevelopmentJointVenturethreeMemberMember_12D46B8E954BBE40683141126666C418" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Development Joint Venture (three) [Member] [Member]</link:label>
    <link:label id="lab_tol_DevelopmentJointVenturethreeMemberMember_12D46B8E954BBE40683141126666C418_documentation_en-US" xlink:label="lab_tol_DevelopmentJointVenturethreeMemberMember_12D46B8E954BBE40683141126666C418" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Development Joint Venture (three) [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_DevelopmentJointVenturethreeMemberMember" xlink:label="loc_tol_DevelopmentJointVenturethreeMemberMember_12D46B8E954BBE40683141126666C418" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_DevelopmentJointVenturethreeMemberMember_12D46B8E954BBE40683141126666C418" xlink:to="lab_tol_DevelopmentJointVenturethreeMemberMember_12D46B8E954BBE40683141126666C418" xlink:type="arc" />
    <link:label id="lab_tol_DevelopmentJointVenturefourMember_5841BA0E82413099003841126666E74F_terseLabel_en-US" xlink:label="lab_tol_DevelopmentJointVenturefourMember_5841BA0E82413099003841126666E74F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Development Joint Venture (four) [Member]</link:label>
    <link:label id="lab_tol_DevelopmentJointVenturefourMember_5841BA0E82413099003841126666E74F_label_en-US" xlink:label="lab_tol_DevelopmentJointVenturefourMember_5841BA0E82413099003841126666E74F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Development Joint Venture (four) [Member]</link:label>
    <link:label id="lab_tol_DevelopmentJointVenturefourMember_5841BA0E82413099003841126666E74F_documentation_en-US" xlink:label="lab_tol_DevelopmentJointVenturefourMember_5841BA0E82413099003841126666E74F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Development Joint Venture (four) [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_DevelopmentJointVenturefourMember" xlink:label="loc_tol_DevelopmentJointVenturefourMember_5841BA0E82413099003841126666E74F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_DevelopmentJointVenturefourMember_5841BA0E82413099003841126666E74F" xlink:to="lab_tol_DevelopmentJointVenturefourMember_5841BA0E82413099003841126666E74F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CorporateJointVentureMember_ED7644A8D9D9C6BCF9DB411266669546_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateJointVentureMember_ED7644A8D9D9C6BCF9DB411266669546" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Joint Venture [Member]</link:label>
    <link:label id="lab_us-gaap_CorporateJointVentureMember_ED7644A8D9D9C6BCF9DB411266669546_label_en-US" xlink:label="lab_us-gaap_CorporateJointVentureMember_ED7644A8D9D9C6BCF9DB411266669546" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Joint Venture [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CorporateJointVentureMember" xlink:label="loc_us-gaap_CorporateJointVentureMember_ED7644A8D9D9C6BCF9DB411266669546" xlink:type="locator" />
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    <link:label id="lab_tol_HomebuildingJointVenturesTotalMember_5CC30F60E5B309EB54D041126666FCA1_label_en-US" xlink:label="lab_tol_HomebuildingJointVenturesTotalMember_5CC30F60E5B309EB54D041126666FCA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Homebuilding Joint Ventures, Total [Member]</link:label>
    <link:label id="lab_tol_HomebuildingJointVenturesTotalMember_5CC30F60E5B309EB54D041126666FCA1_documentation_en-US" xlink:label="lab_tol_HomebuildingJointVenturesTotalMember_5CC30F60E5B309EB54D041126666FCA1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Homebuilding Joint Ventures, Total - The Company's investments in and advances to various joint ventures with unrelated parties to develop luxury for-sale homes [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_HomebuildingJointVenturesTotalMember" xlink:label="loc_tol_HomebuildingJointVenturesTotalMember_5CC30F60E5B309EB54D041126666FCA1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_HomebuildingJointVenturesTotalMember_5CC30F60E5B309EB54D041126666FCA1" xlink:to="lab_tol_HomebuildingJointVenturesTotalMember_5CC30F60E5B309EB54D041126666FCA1" xlink:type="arc" />
    <link:label id="lab_tol_RentalJointVenturesexcludingTrustsiandIIMember_227AD3743A11995B49ED4112666667CC_terseLabel_en-US" xlink:label="lab_tol_RentalJointVenturesexcludingTrustsiandIIMember_227AD3743A11995B49ED4112666667CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental Joint Ventures, excluding Trusts i and II [Member]</link:label>
    <link:label id="lab_tol_RentalJointVenturesexcludingTrustsiandIIMember_227AD3743A11995B49ED4112666667CC_label_en-US" xlink:label="lab_tol_RentalJointVenturesexcludingTrustsiandIIMember_227AD3743A11995B49ED4112666667CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental Joint Ventures, excluding Trusts i and II [Member]</link:label>
    <link:label id="lab_tol_RentalJointVenturesexcludingTrustsiandIIMember_227AD3743A11995B49ED4112666667CC_documentation_en-US" xlink:label="lab_tol_RentalJointVenturesexcludingTrustsiandIIMember_227AD3743A11995B49ED4112666667CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rental Joint Ventures, excluding Trusts i and II [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_RentalJointVenturesexcludingTrustsiandIIMember" xlink:label="loc_tol_RentalJointVenturesexcludingTrustsiandIIMember_227AD3743A11995B49ED4112666667CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_RentalJointVenturesexcludingTrustsiandIIMember_227AD3743A11995B49ED4112666667CC" xlink:to="lab_tol_RentalJointVenturesexcludingTrustsiandIIMember_227AD3743A11995B49ED4112666667CC" xlink:type="arc" />
    <link:label id="lab_tol_RentalJointVenturesJVswithnewborrowingsMember_7BE88C71B5493C0F675841126666A988_terseLabel_en-US" xlink:label="lab_tol_RentalJointVenturesJVswithnewborrowingsMember_7BE88C71B5493C0F675841126666A988" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental Joint Ventures, JVs with new borrowings [Member]</link:label>
    <link:label id="lab_tol_RentalJointVenturesJVswithnewborrowingsMember_7BE88C71B5493C0F675841126666A988_label_en-US" xlink:label="lab_tol_RentalJointVenturesJVswithnewborrowingsMember_7BE88C71B5493C0F675841126666A988" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental Joint Ventures, JVs with new borrowings [Member]</link:label>
    <link:label id="lab_tol_RentalJointVenturesJVswithnewborrowingsMember_7BE88C71B5493C0F675841126666A988_documentation_en-US" xlink:label="lab_tol_RentalJointVenturesJVswithnewborrowingsMember_7BE88C71B5493C0F675841126666A988" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rental Joint Ventures, JVs with new borrowings [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_RentalJointVenturesJVswithnewborrowingsMember" xlink:label="loc_tol_RentalJointVenturesJVswithnewborrowingsMember_7BE88C71B5493C0F675841126666A988" xlink:type="locator" />
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    <link:label id="lab_tol_RetailJointVenturetwoMember_54B785BFA4DD56DC73EE41126666DD24_terseLabel_en-US" xlink:label="lab_tol_RetailJointVenturetwoMember_54B785BFA4DD56DC73EE41126666DD24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retail Joint Venture - two [Member]</link:label>
    <link:label id="lab_tol_RetailJointVenturetwoMember_54B785BFA4DD56DC73EE41126666DD24_label_en-US" xlink:label="lab_tol_RetailJointVenturetwoMember_54B785BFA4DD56DC73EE41126666DD24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retail Joint Venture - two [Member]</link:label>
    <link:label id="lab_tol_RetailJointVenturetwoMember_54B785BFA4DD56DC73EE41126666DD24_documentation_en-US" xlink:label="lab_tol_RetailJointVenturetwoMember_54B785BFA4DD56DC73EE41126666DD24" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Retail Joint Venture - two [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_RetailJointVenturetwoMember" xlink:label="loc_tol_RetailJointVenturetwoMember_54B785BFA4DD56DC73EE41126666DD24" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_RetailJointVenturetwoMember_54B785BFA4DD56DC73EE41126666DD24" xlink:to="lab_tol_RetailJointVenturetwoMember_54B785BFA4DD56DC73EE41126666DD24" xlink:type="arc" />
    <link:label id="lab_tol_RetailJointVentureOneMember_2006D476EC8FE95843AC411266662008_terseLabel_en-US" xlink:label="lab_tol_RetailJointVentureOneMember_2006D476EC8FE95843AC411266662008" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retail Joint Venture, one [Member]</link:label>
    <link:label id="lab_tol_RetailJointVentureOneMember_2006D476EC8FE95843AC411266662008_label_en-US" xlink:label="lab_tol_RetailJointVentureOneMember_2006D476EC8FE95843AC411266662008" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retail Joint Venture - One [Member]</link:label>
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    <link:loc xlink:href="tol-20140731.xsd#tol_RetailJointVentureOneMember" xlink:label="loc_tol_RetailJointVentureOneMember_2006D476EC8FE95843AC411266662008" xlink:type="locator" />
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    <link:loc xlink:href="tol-20140731.xsd#tol_RentalJointVenturethreeMember" xlink:label="loc_tol_RentalJointVenturethreeMember_D75F12CB3E901AB8D630411266660400" xlink:type="locator" />
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    <link:label id="lab_tol_StructuredAssetJointVentureMember_7BBF2528E76188899C48411266662B7F_documentation_en-US" xlink:label="lab_tol_StructuredAssetJointVentureMember_7BBF2528E76188899C48411266662B7F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Structured asset joint venture.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_StructuredAssetJointVentureMember" xlink:label="loc_tol_StructuredAssetJointVentureMember_7BBF2528E76188899C48411266662B7F" xlink:type="locator" />
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    <link:label id="lab_tol_JointVenturesvariableinterestentitiesMember_EA205F7D0EBABD9603D2411266667375_documentation_en-US" xlink:label="lab_tol_JointVenturesvariableinterestentitiesMember_EA205F7D0EBABD9603D2411266667375" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Joint Ventures,  which were deemed to be variable interest entities [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_JointVenturesvariableinterestentitiesMember" xlink:label="loc_tol_JointVenturesvariableinterestentitiesMember_EA205F7D0EBABD9603D2411266667375" xlink:type="locator" />
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    <link:loc xlink:href="tol-20140731.xsd#tol_StatementOfInvestmentsInAndAdvancesToUnconsolidatedEntitiesLineItems" xlink:label="loc_tol_StatementOfInvestmentsInAndAdvancesToUnconsolidatedEntitiesLineItems_C4E8D1BF016D0F39CA374112666685A3" xlink:type="locator" />
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    <link:loc xlink:href="tol-20140731.xsd#tol_FundingCommitments" xlink:label="loc_tol_FundingCommitments_613C9658F0A1A9AA064E41126666DA07" xlink:type="locator" />
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    <link:loc xlink:href="tol-20140731.xsd#tol_Numberoflotscommittedtopurchase" xlink:label="loc_tol_Numberoflotscommittedtopurchase_BC1FF19DA1782AD639A441126666615D" xlink:type="locator" />
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    <link:label id="lab_tol_NumberofJVwithPurchaseCommitments_196B96C9E16D031B70D641126666BF96_terseLabel_en-US" xlink:label="lab_tol_NumberofJVwithPurchaseCommitments_196B96C9E16D031B70D641126666BF96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of JV with Purchase Commitments</link:label>
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    <link:loc xlink:href="tol-20140731.xsd#tol_NumberofJVwithPurchaseCommitments" xlink:label="loc_tol_NumberofJVwithPurchaseCommitments_196B96C9E16D031B70D641126666BF96" xlink:type="locator" />
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    <link:loc xlink:href="tol-20140731.xsd#tol_PercentageOwnershipHeldByCompany" xlink:label="loc_tol_PercentageOwnershipHeldByCompany_7C80F2E49D5F08443A37411266669D38" xlink:type="locator" />
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    <link:label id="lab_tol_Numberofjointventurewithfundingcommitments_7C3221790593DB9006D1411266661A1B_terseLabel_en-US" xlink:label="lab_tol_Numberofjointventurewithfundingcommitments_7C3221790593DB9006D1411266661A1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of joint venture with funding commitments</link:label>
    <link:label id="lab_tol_Numberofjointventurewithfundingcommitments_7C3221790593DB9006D1411266661A1B_label_en-US" xlink:label="lab_tol_Numberofjointventurewithfundingcommitments_7C3221790593DB9006D1411266661A1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of joint venture with funding commitments</link:label>
    <link:label id="lab_tol_Numberofjointventurewithfundingcommitments_7C3221790593DB9006D1411266661A1B_documentation_en-US" xlink:label="lab_tol_Numberofjointventurewithfundingcommitments_7C3221790593DB9006D1411266661A1B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of joint venture with funding commitments</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_Numberofjointventurewithfundingcommitments" xlink:label="loc_tol_Numberofjointventurewithfundingcommitments_7C3221790593DB9006D1411266661A1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_Numberofjointventurewithfundingcommitments_7C3221790593DB9006D1411266661A1B" xlink:to="lab_tol_Numberofjointventurewithfundingcommitments_7C3221790593DB9006D1411266661A1B" xlink:type="arc" />
    <link:label id="lab_tol_Numberofjointventureswithloancommitments_2F47D2E16917DEAA108C4112666609B7_terseLabel_en-US" xlink:label="lab_tol_Numberofjointventureswithloancommitments_2F47D2E16917DEAA108C4112666609B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of joint ventures with loan commitments</link:label>
    <link:label id="lab_tol_Numberofjointventureswithloancommitments_2F47D2E16917DEAA108C4112666609B7_label_en-US" xlink:label="lab_tol_Numberofjointventureswithloancommitments_2F47D2E16917DEAA108C4112666609B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of joint ventures with loan commitments</link:label>
    <link:label id="lab_tol_Numberofjointventureswithloancommitments_2F47D2E16917DEAA108C4112666609B7_documentation_en-US" xlink:label="lab_tol_Numberofjointventureswithloancommitments_2F47D2E16917DEAA108C4112666609B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of joint ventures with loan commitments [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_Numberofjointventureswithloancommitments" xlink:label="loc_tol_Numberofjointventureswithloancommitments_2F47D2E16917DEAA108C4112666609B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_Numberofjointventureswithloancommitments_2F47D2E16917DEAA108C4112666609B7" xlink:to="lab_tol_Numberofjointventureswithloancommitments_2F47D2E16917DEAA108C4112666609B7" xlink:type="arc" />
    <link:label id="lab_tol_Guaranteefundingpercentage_8D79CBAF7FFACCFFFE0941126666D9C5_terseLabel_en-US" xlink:label="lab_tol_Guaranteefundingpercentage_8D79CBAF7FFACCFFFE0941126666D9C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guarantee funding percentage</link:label>
    <link:label id="lab_tol_Guaranteefundingpercentage_8D79CBAF7FFACCFFFE0941126666D9C5_label_en-US" xlink:label="lab_tol_Guaranteefundingpercentage_8D79CBAF7FFACCFFFE0941126666D9C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantee funding percentage</link:label>
    <link:label id="lab_tol_Guaranteefundingpercentage_8D79CBAF7FFACCFFFE0941126666D9C5_documentation_en-US" xlink:label="lab_tol_Guaranteefundingpercentage_8D79CBAF7FFACCFFFE0941126666D9C5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Each partner has an obligation to fund this percentage of any payments made as a result of performing under certain guarantees under the joint ventures loan agreement.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_Guaranteefundingpercentage" xlink:label="loc_tol_Guaranteefundingpercentage_8D79CBAF7FFACCFFFE0941126666D9C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_Guaranteefundingpercentage_8D79CBAF7FFACCFFFE0941126666D9C5" xlink:to="lab_tol_Guaranteefundingpercentage_8D79CBAF7FFACCFFFE0941126666D9C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfUnitsInRealEstateProperty_A69A9639C0FDBDD8998A41126666D088_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfUnitsInRealEstateProperty_A69A9639C0FDBDD8998A41126666D088" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of Units in Real Estate Property</link:label>
    <link:label id="lab_us-gaap_NumberOfUnitsInRealEstateProperty_A69A9639C0FDBDD8998A41126666D088_label_en-US" xlink:label="lab_us-gaap_NumberOfUnitsInRealEstateProperty_A69A9639C0FDBDD8998A41126666D088" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Units in Real Estate Property</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NumberOfUnitsInRealEstateProperty" xlink:label="loc_us-gaap_NumberOfUnitsInRealEstateProperty_A69A9639C0FDBDD8998A41126666D088" xlink:type="locator" />
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    <link:label id="lab_tol_Numberofacresownedbyventure_63BC1759B416C93D685D41126666061D_terseLabel_en-US" xlink:label="lab_tol_Numberofacresownedbyventure_63BC1759B416C93D685D41126666061D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of acres owned by venture</link:label>
    <link:label id="lab_tol_Numberofacresownedbyventure_63BC1759B416C93D685D41126666061D_label_en-US" xlink:label="lab_tol_Numberofacresownedbyventure_63BC1759B416C93D685D41126666061D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of acres owned by venture</link:label>
    <link:label id="lab_tol_Numberofacresownedbyventure_63BC1759B416C93D685D41126666061D_documentation_en-US" xlink:label="lab_tol_Numberofacresownedbyventure_63BC1759B416C93D685D41126666061D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of acres owned by venture</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_Numberofacresownedbyventure" xlink:label="loc_tol_Numberofacresownedbyventure_63BC1759B416C93D685D41126666061D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_Numberofacresownedbyventure_63BC1759B416C93D685D41126666061D" xlink:to="lab_tol_Numberofacresownedbyventure_63BC1759B416C93D685D41126666061D" xlink:type="arc" />
    <link:label id="lab_tol_NumberOfFloorsInApartmentBuilding_47B7C6F196507BC511C441126666504C_terseLabel_en-US" xlink:label="lab_tol_NumberOfFloorsInApartmentBuilding_47B7C6F196507BC511C441126666504C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of floors in apartment building</link:label>
    <link:label id="lab_tol_NumberOfFloorsInApartmentBuilding_47B7C6F196507BC511C441126666504C_label_en-US" xlink:label="lab_tol_NumberOfFloorsInApartmentBuilding_47B7C6F196507BC511C441126666504C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of floors in apartment building</link:label>
    <link:label id="lab_tol_NumberOfFloorsInApartmentBuilding_47B7C6F196507BC511C441126666504C_documentation_en-US" xlink:label="lab_tol_NumberOfFloorsInApartmentBuilding_47B7C6F196507BC511C441126666504C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of floors in apartment building</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_NumberOfFloorsInApartmentBuilding" xlink:label="loc_tol_NumberOfFloorsInApartmentBuilding_47B7C6F196507BC511C441126666504C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_NumberOfFloorsInApartmentBuilding_47B7C6F196507BC511C441126666504C" xlink:to="lab_tol_NumberOfFloorsInApartmentBuilding_47B7C6F196507BC511C441126666504C" xlink:type="arc" />
    <link:label id="lab_tol_MaximumAmountOfLineOfCreditCommitment_77014B6F8AE9CBCE3D2641126666E1BB_terseLabel_en-US" xlink:label="lab_tol_MaximumAmountOfLineOfCreditCommitment_77014B6F8AE9CBCE3D2641126666E1BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum amount of line of credit commitment</link:label>
    <link:label id="lab_tol_MaximumAmountOfLineOfCreditCommitment_77014B6F8AE9CBCE3D2641126666E1BB_label_en-US" xlink:label="lab_tol_MaximumAmountOfLineOfCreditCommitment_77014B6F8AE9CBCE3D2641126666E1BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum amount of line of credit commitment</link:label>
    <link:label id="lab_tol_MaximumAmountOfLineOfCreditCommitment_77014B6F8AE9CBCE3D2641126666E1BB_documentation_en-US" xlink:label="lab_tol_MaximumAmountOfLineOfCreditCommitment_77014B6F8AE9CBCE3D2641126666E1BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum amount of line of credit commitment</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_MaximumAmountOfLineOfCreditCommitment" xlink:label="loc_tol_MaximumAmountOfLineOfCreditCommitment_77014B6F8AE9CBCE3D2641126666E1BB" xlink:type="locator" />
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    <link:label id="lab_tol_OwnedByThirdParty_A47E1AC833365A096B224112666615C7_verboseLabel_en-US" xlink:label="lab_tol_OwnedByThirdParty_A47E1AC833365A096B224112666615C7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Owned by Third Party</link:label>
    <link:label id="lab_tol_OwnedByThirdParty_A47E1AC833365A096B224112666615C7_label_en-US" xlink:label="lab_tol_OwnedByThirdParty_A47E1AC833365A096B224112666615C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Owned by Third Party</link:label>
    <link:label id="lab_tol_OwnedByThirdParty_A47E1AC833365A096B224112666615C7_documentation_en-US" xlink:label="lab_tol_OwnedByThirdParty_A47E1AC833365A096B224112666615C7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percent owned by a third party.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_OwnedByThirdParty" xlink:label="loc_tol_OwnedByThirdParty_A47E1AC833365A096B224112666615C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_OwnedByThirdParty_A47E1AC833365A096B224112666615C7" xlink:to="lab_tol_OwnedByThirdParty_A47E1AC833365A096B224112666615C7" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_9D7E46DBDAA30E3F23DE41126666BFB0_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_9D7E46DBDAA30E3F23DE41126666BFB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from Equity Method Investment, Dividends or Distributions</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_9D7E46DBDAA30E3F23DE41126666BFB0_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_9D7E46DBDAA30E3F23DE41126666BFB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Equity Method Investment, Dividends or Distributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:label="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_9D7E46DBDAA30E3F23DE41126666BFB0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LandSales_A567A2B3253147013A0141126666D14D_verboseLabel_en-US" xlink:label="lab_us-gaap_LandSales_A567A2B3253147013A0141126666D14D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Land sales, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LandSales" xlink:label="loc_us-gaap_LandSales_A567A2B3253147013A0141126666D14D" xlink:type="locator" />
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    <link:label id="lab_tol_PercentOwnedByCompanysManagement_8CDFC48D2EDB176C5CC44112666662F3_terseLabel_en-US" xlink:label="lab_tol_PercentOwnedByCompanysManagement_8CDFC48D2EDB176C5CC44112666662F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent owned by Company's Management</link:label>
    <link:label id="lab_tol_PercentOwnedByCompanysManagement_8CDFC48D2EDB176C5CC44112666662F3_label_en-US" xlink:label="lab_tol_PercentOwnedByCompanysManagement_8CDFC48D2EDB176C5CC44112666662F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percent owned by Company's Management</link:label>
    <link:label id="lab_tol_PercentOwnedByCompanysManagement_8CDFC48D2EDB176C5CC44112666662F3_documentation_en-US" xlink:label="lab_tol_PercentOwnedByCompanysManagement_8CDFC48D2EDB176C5CC44112666662F3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percent owned by Company's Management</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_PercentOwnedByCompanysManagement" xlink:label="loc_tol_PercentOwnedByCompanysManagement_8CDFC48D2EDB176C5CC44112666662F3" xlink:type="locator" />
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    <link:label id="lab_tol_TransferOfInventoryToInvestment_AC2477E26C70BB32AAC7411266660476_terseLabel_en-US" xlink:label="lab_tol_TransferOfInventoryToInvestment_AC2477E26C70BB32AAC7411266660476" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer of Inventory to Investment</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_TransferOfInventoryToInvestment" xlink:label="loc_tol_TransferOfInventoryToInvestment_AC2477E26C70BB32AAC7411266660476" xlink:type="locator" />
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    <link:label id="lab_tol_AggregatePurchaseCommitmentsUnrelatedParties_30D451C57AFBA066A68D411266664B6E_terseLabel_en-US" xlink:label="lab_tol_AggregatePurchaseCommitmentsUnrelatedParties_30D451C57AFBA066A68D411266664B6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate Purchase Commitments Unrelated Parties</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_AggregatePurchaseCommitmentsUnrelatedParties" xlink:label="loc_tol_AggregatePurchaseCommitmentsUnrelatedParties_30D451C57AFBA066A68D411266664B6E" xlink:type="locator" />
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    <link:label id="lab_tol_VenturePaymentToAlignCapitalAccounts_1CE97067C73603A7D8B6411266664F3E_terseLabel_en-US" xlink:label="lab_tol_VenturePaymentToAlignCapitalAccounts_1CE97067C73603A7D8B6411266664F3E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Venture payment to align capital accounts</link:label>
    <link:label id="lab_tol_VenturePaymentToAlignCapitalAccounts_1CE97067C73603A7D8B6411266664F3E_label_en-US" xlink:label="lab_tol_VenturePaymentToAlignCapitalAccounts_1CE97067C73603A7D8B6411266664F3E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Venture payment to align capital accounts</link:label>
    <link:label id="lab_tol_VenturePaymentToAlignCapitalAccounts_1CE97067C73603A7D8B6411266664F3E_documentation_en-US" xlink:label="lab_tol_VenturePaymentToAlignCapitalAccounts_1CE97067C73603A7D8B6411266664F3E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payment made by Joint Venture on our behalf to align capital accounts</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_VenturePaymentToAlignCapitalAccounts" xlink:label="loc_tol_VenturePaymentToAlignCapitalAccounts_1CE97067C73603A7D8B6411266664F3E" xlink:type="locator" />
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    <link:label id="lab_tol_ContributionOfCashToJointVenture_5A5FCF0F7CF609674853411266662499_terseLabel_en-US" xlink:label="lab_tol_ContributionOfCashToJointVenture_5A5FCF0F7CF609674853411266662499" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contribution of cash to joint venture</link:label>
    <link:label id="lab_tol_ContributionOfCashToJointVenture_5A5FCF0F7CF609674853411266662499_label_en-US" xlink:label="lab_tol_ContributionOfCashToJointVenture_5A5FCF0F7CF609674853411266662499" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contribution of cash to joint venture</link:label>
    <link:label id="lab_tol_ContributionOfCashToJointVenture_5A5FCF0F7CF609674853411266662499_documentation_en-US" xlink:label="lab_tol_ContributionOfCashToJointVenture_5A5FCF0F7CF609674853411266662499" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contribution of cash to joint venture</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_ContributionOfCashToJointVenture" xlink:label="loc_tol_ContributionOfCashToJointVenture_5A5FCF0F7CF609674853411266662499" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_ContributionOfCashToJointVenture_5A5FCF0F7CF609674853411266662499" xlink:to="lab_tol_ContributionOfCashToJointVenture_5A5FCF0F7CF609674853411266662499" xlink:type="arc" />
    <link:label id="lab_tol_UnimprovedLotsControlledByJv_F7EF573A9E215A42FE1A411266666892_terseLabel_en-US" xlink:label="lab_tol_UnimprovedLotsControlledByJv_F7EF573A9E215A42FE1A411266666892" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">unimproved lots controlled by JV</link:label>
    <link:label id="lab_tol_UnimprovedLotsControlledByJv_F7EF573A9E215A42FE1A411266666892_label_en-US" xlink:label="lab_tol_UnimprovedLotsControlledByJv_F7EF573A9E215A42FE1A411266666892" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">unimproved lots controlled by JV</link:label>
    <link:label id="lab_tol_UnimprovedLotsControlledByJv_F7EF573A9E215A42FE1A411266666892_documentation_en-US" xlink:label="lab_tol_UnimprovedLotsControlledByJv_F7EF573A9E215A42FE1A411266666892" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of unimproved lots controlled by joint venture in which we are a member.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_UnimprovedLotsControlledByJv" xlink:label="loc_tol_UnimprovedLotsControlledByJv_F7EF573A9E215A42FE1A411266666892" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_UnimprovedLotsControlledByJv_F7EF573A9E215A42FE1A411266666892" xlink:to="lab_tol_UnimprovedLotsControlledByJv_F7EF573A9E215A42FE1A411266666892" xlink:type="arc" />
    <link:label id="lab_tol_NumberOfLotsToBeAcquiredFromJointVenture_BFE00132BBF5C960549941126666F905_terseLabel_en-US" xlink:label="lab_tol_NumberOfLotsToBeAcquiredFromJointVenture_BFE00132BBF5C960549941126666F905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of lots to be acquired from joint venture</link:label>
    <link:label id="lab_tol_NumberOfLotsToBeAcquiredFromJointVenture_BFE00132BBF5C960549941126666F905_label_en-US" xlink:label="lab_tol_NumberOfLotsToBeAcquiredFromJointVenture_BFE00132BBF5C960549941126666F905" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of lots to be acquired from joint venture</link:label>
    <link:label id="lab_tol_NumberOfLotsToBeAcquiredFromJointVenture_BFE00132BBF5C960549941126666F905_documentation_en-US" xlink:label="lab_tol_NumberOfLotsToBeAcquiredFromJointVenture_BFE00132BBF5C960549941126666F905" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of lots that the Company has agreed to acquired from the joint venture</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_NumberOfLotsToBeAcquiredFromJointVenture" xlink:label="loc_tol_NumberOfLotsToBeAcquiredFromJointVenture_BFE00132BBF5C960549941126666F905" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_NumberOfLotsToBeAcquiredFromJointVenture_BFE00132BBF5C960549941126666F905" xlink:to="lab_tol_NumberOfLotsToBeAcquiredFromJointVenture_BFE00132BBF5C960549941126666F905" xlink:type="arc" />
    <link:label id="lab_tol_Numberoflotsacquiredfromjointventure_E29A98E739E47CA7005F411266669366_terseLabel_en-US" xlink:label="lab_tol_Numberoflotsacquiredfromjointventure_E29A98E739E47CA7005F411266669366" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of lots acquired from joint venture</link:label>
    <link:label id="lab_tol_Numberoflotsacquiredfromjointventure_E29A98E739E47CA7005F411266669366_label_en-US" xlink:label="lab_tol_Numberoflotsacquiredfromjointventure_E29A98E739E47CA7005F411266669366" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of lots acquired from joint venture</link:label>
    <link:label id="lab_tol_Numberoflotsacquiredfromjointventure_E29A98E739E47CA7005F411266669366_documentation_en-US" xlink:label="lab_tol_Numberoflotsacquiredfromjointventure_E29A98E739E47CA7005F411266669366" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of lots the Company has acquired from the joint venture.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_Numberoflotsacquiredfromjointventure" xlink:label="loc_tol_Numberoflotsacquiredfromjointventure_E29A98E739E47CA7005F411266669366" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_Numberoflotsacquiredfromjointventure_E29A98E739E47CA7005F411266669366" xlink:to="lab_tol_Numberoflotsacquiredfromjointventure_E29A98E739E47CA7005F411266669366" xlink:type="arc" />
    <link:label id="lab_us-gaap_PartnersCapitalAccountDistributions_C237AB55B3FE73CFBFE041126666FB93_terseLabel_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountDistributions_C237AB55B3FE73CFBFE041126666FB93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Partners' Capital Account, Distributions</link:label>
    <link:label id="lab_us-gaap_PartnersCapitalAccountDistributions_C237AB55B3FE73CFBFE041126666FB93_label_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountDistributions_C237AB55B3FE73CFBFE041126666FB93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partners' Capital Account, Distributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PartnersCapitalAccountDistributions" xlink:label="loc_us-gaap_PartnersCapitalAccountDistributions_C237AB55B3FE73CFBFE041126666FB93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PartnersCapitalAccountDistributions_C237AB55B3FE73CFBFE041126666FB93" xlink:to="lab_us-gaap_PartnersCapitalAccountDistributions_C237AB55B3FE73CFBFE041126666FB93" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentAdditionalInformation_5E6F2D380A550E643AAC411266661D75_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentAdditionalInformation_5E6F2D380A550E643AAC411266661D75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint Venture Description</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentAdditionalInformation_5E6F2D380A550E643AAC411266661D75_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentAdditionalInformation_5E6F2D380A550E643AAC411266661D75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Additional Information</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EquityMethodInvestmentAdditionalInformation" xlink:label="loc_us-gaap_EquityMethodInvestmentAdditionalInformation_5E6F2D380A550E643AAC411266661D75" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentAdditionalInformation_5E6F2D380A550E643AAC411266661D75" xlink:to="lab_us-gaap_EquityMethodInvestmentAdditionalInformation_5E6F2D380A550E643AAC411266661D75" xlink:type="arc" />
    <link:label id="lab_us-gaap_GuaranteeObligationsMaximumExposure_D8BD7B61A8BE9E8E9779411266660E3E_terseLabel_en-US" xlink:label="lab_us-gaap_GuaranteeObligationsMaximumExposure_D8BD7B61A8BE9E8E9779411266660E3E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guarantor Obligations, Maximum Exposure, Undiscounted</link:label>
    <link:label id="lab_us-gaap_GuaranteeObligationsMaximumExposure_D8BD7B61A8BE9E8E9779411266660E3E_label_en-US" xlink:label="lab_us-gaap_GuaranteeObligationsMaximumExposure_D8BD7B61A8BE9E8E9779411266660E3E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantor Obligations, Maximum Exposure, Undiscounted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:label="loc_us-gaap_GuaranteeObligationsMaximumExposure_D8BD7B61A8BE9E8E9779411266660E3E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GuaranteeObligationsMaximumExposure_D8BD7B61A8BE9E8E9779411266660E3E" xlink:to="lab_us-gaap_GuaranteeObligationsMaximumExposure_D8BD7B61A8BE9E8E9779411266660E3E" xlink:type="arc" />
    <link:label id="lab_us-gaap_GuaranteeObligationsTerm_2A802D175C609E2201AA411266666982_terseLabel_en-US" xlink:label="lab_us-gaap_GuaranteeObligationsTerm_2A802D175C609E2201AA411266666982" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guarantor Obligations, Term</link:label>
    <link:label id="lab_us-gaap_GuaranteeObligationsTerm_2A802D175C609E2201AA411266666982_label_en-US" xlink:label="lab_us-gaap_GuaranteeObligationsTerm_2A802D175C609E2201AA411266666982" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantor Obligations, Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GuaranteeObligationsTerm" xlink:label="loc_us-gaap_GuaranteeObligationsTerm_2A802D175C609E2201AA411266666982" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GuaranteeObligationsTerm_2A802D175C609E2201AA411266666982" xlink:to="lab_us-gaap_GuaranteeObligationsTerm_2A802D175C609E2201AA411266666982" xlink:type="arc" />
    <link:label id="lab_tol_MaxiumumGuarantorObigationForBorrowingsByJvs_B3B427C0912EA65B00314112666676F7_terseLabel_en-US" xlink:label="lab_tol_MaxiumumGuarantorObigationForBorrowingsByJvs_B3B427C0912EA65B00314112666676F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maxiumum guarantor obigation for borrowings by JVs</link:label>
    <link:label id="lab_tol_MaxiumumGuarantorObigationForBorrowingsByJvs_B3B427C0912EA65B00314112666676F7_label_en-US" xlink:label="lab_tol_MaxiumumGuarantorObigationForBorrowingsByJvs_B3B427C0912EA65B00314112666676F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maxiumum guarantor obigation for borrowings by JVs</link:label>
    <link:label id="lab_tol_MaxiumumGuarantorObigationForBorrowingsByJvs_B3B427C0912EA65B00314112666676F7_documentation_en-US" xlink:label="lab_tol_MaxiumumGuarantorObigationForBorrowingsByJvs_B3B427C0912EA65B00314112666676F7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The Company's maxiumum obligation on amounts borrowed by the Company's joint ventures loan commitments as of the balance sheet date which are subject to guarantees by the Company.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_MaxiumumGuarantorObigationForBorrowingsByJvs" xlink:label="loc_tol_MaxiumumGuarantorObigationForBorrowingsByJvs_B3B427C0912EA65B00314112666676F7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_MaxiumumGuarantorObigationForBorrowingsByJvs_B3B427C0912EA65B00314112666676F7" xlink:to="lab_tol_MaxiumumGuarantorObigationForBorrowingsByJvs_B3B427C0912EA65B00314112666676F7" xlink:type="arc" />
    <link:label id="lab_tol_GroundLeaseAndOtherGuarantee_9325C89AB1847B1261B0411266662E4D_terseLabel_en-US" xlink:label="lab_tol_GroundLeaseAndOtherGuarantee_9325C89AB1847B1261B0411266662E4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ground lease and other, guarantee</link:label>
    <link:label id="lab_tol_GroundLeaseAndOtherGuarantee_9325C89AB1847B1261B0411266662E4D_label_en-US" xlink:label="lab_tol_GroundLeaseAndOtherGuarantee_9325C89AB1847B1261B0411266662E4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ground lease and other, guarantee</link:label>
    <link:label id="lab_tol_GroundLeaseAndOtherGuarantee_9325C89AB1847B1261B0411266662E4D_documentation_en-US" xlink:label="lab_tol_GroundLeaseAndOtherGuarantee_9325C89AB1847B1261B0411266662E4D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount the Company has guaranteed, on behalf of unconsolidated entity for ground lease payments and insurance deductibles.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_GroundLeaseAndOtherGuarantee" xlink:label="loc_tol_GroundLeaseAndOtherGuarantee_9325C89AB1847B1261B0411266662E4D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_GroundLeaseAndOtherGuarantee_9325C89AB1847B1261B0411266662E4D" xlink:to="lab_tol_GroundLeaseAndOtherGuarantee_9325C89AB1847B1261B0411266662E4D" xlink:type="arc" />
    <link:label id="lab_tol_NumberOfJvsGroundLeaseAndOther_6F65898E18073E84C33941126666C39F_terseLabel_en-US" xlink:label="lab_tol_NumberOfJvsGroundLeaseAndOther_6F65898E18073E84C33941126666C39F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of JVs, ground lease and other</link:label>
    <link:label id="lab_tol_NumberOfJvsGroundLeaseAndOther_6F65898E18073E84C33941126666C39F_label_en-US" xlink:label="lab_tol_NumberOfJvsGroundLeaseAndOther_6F65898E18073E84C33941126666C39F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of JVs, ground lease and other</link:label>
    <link:label id="lab_tol_NumberOfJvsGroundLeaseAndOther_6F65898E18073E84C33941126666C39F_documentation_en-US" xlink:label="lab_tol_NumberOfJvsGroundLeaseAndOther_6F65898E18073E84C33941126666C39F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of unconsolidated entities where the Company has guaranteed, on behalf of unconsolidated entity, ground lease payments and insurance deductibles.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_NumberOfJvsGroundLeaseAndOther" xlink:label="loc_tol_NumberOfJvsGroundLeaseAndOther_6F65898E18073E84C33941126666C39F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_NumberOfJvsGroundLeaseAndOther_6F65898E18073E84C33941126666C39F" xlink:to="lab_tol_NumberOfJvsGroundLeaseAndOther_6F65898E18073E84C33941126666C39F" xlink:type="arc" />
    <link:label id="lab_us-gaap_GuaranteesFairValueDisclosure_9597FCFC00F55560403A411266662455_terseLabel_en-US" xlink:label="lab_us-gaap_GuaranteesFairValueDisclosure_9597FCFC00F55560403A411266662455" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guarantees, Fair Value Disclosure</link:label>
    <link:label id="lab_us-gaap_GuaranteesFairValueDisclosure_9597FCFC00F55560403A411266662455_label_en-US" xlink:label="lab_us-gaap_GuaranteesFairValueDisclosure_9597FCFC00F55560403A411266662455" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantees, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GuaranteesFairValueDisclosure" xlink:label="loc_us-gaap_GuaranteesFairValueDisclosure_9597FCFC00F55560403A411266662455" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GuaranteesFairValueDisclosure_9597FCFC00F55560403A411266662455" xlink:to="lab_us-gaap_GuaranteesFairValueDisclosure_9597FCFC00F55560403A411266662455" xlink:type="arc" />
    <link:label id="lab_tol_TotalJointVentureLoanCommitmentsSubjectToGuarantees_C2AF79772E6AD6C37C53411266664E6A_terseLabel_en-US" xlink:label="lab_tol_TotalJointVentureLoanCommitmentsSubjectToGuarantees_C2AF79772E6AD6C37C53411266664E6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total joint venture loan commitments subject to guarantees</link:label>
    <link:label id="lab_tol_TotalJointVentureLoanCommitmentsSubjectToGuarantees_C2AF79772E6AD6C37C53411266664E6A_label_en-US" xlink:label="lab_tol_TotalJointVentureLoanCommitmentsSubjectToGuarantees_C2AF79772E6AD6C37C53411266664E6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total joint venture loan commitments subject to guarantees</link:label>
    <link:label id="lab_tol_TotalJointVentureLoanCommitmentsSubjectToGuarantees_C2AF79772E6AD6C37C53411266664E6A_documentation_en-US" xlink:label="lab_tol_TotalJointVentureLoanCommitmentsSubjectToGuarantees_C2AF79772E6AD6C37C53411266664E6A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total loan commitments of the Company's joint ventures as of the balance sheet date which are subject to guarantees by the Company.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_TotalJointVentureLoanCommitmentsSubjectToGuarantees" xlink:label="loc_tol_TotalJointVentureLoanCommitmentsSubjectToGuarantees_C2AF79772E6AD6C37C53411266664E6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_TotalJointVentureLoanCommitmentsSubjectToGuarantees_C2AF79772E6AD6C37C53411266664E6A" xlink:to="lab_tol_TotalJointVentureLoanCommitmentsSubjectToGuarantees_C2AF79772E6AD6C37C53411266664E6A" xlink:type="arc" />
    <link:label id="lab_tol_BorrowedAgainstLoanCommitments_BE69B8C20DE04168A5B641126666C593_terseLabel_en-US" xlink:label="lab_tol_BorrowedAgainstLoanCommitments_BE69B8C20DE04168A5B641126666C593" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowed against Loan Commitments</link:label>
    <link:label id="lab_tol_BorrowedAgainstLoanCommitments_BE69B8C20DE04168A5B641126666C593_label_en-US" xlink:label="lab_tol_BorrowedAgainstLoanCommitments_BE69B8C20DE04168A5B641126666C593" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowed against Loan Commitments</link:label>
    <link:label id="lab_tol_BorrowedAgainstLoanCommitments_BE69B8C20DE04168A5B641126666C593_documentation_en-US" xlink:label="lab_tol_BorrowedAgainstLoanCommitments_BE69B8C20DE04168A5B641126666C593" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowed against loan commitments.Total amounts borrowed by the Company's joint ventures loan commitments as of the balance sheet date which are subject to guarantees by the Company.</link:label>
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    <link:label id="lab_us-gaap_StockholdersEquityAbstract_7DB197762215EDA94C6436D27FE8AC00_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_7DB197762215EDA94C6436D27FE8AC00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent [Abstract]</link:label>
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    <link:label id="lab_us-gaap_PreferredStockValue_F2A04EC7B21FE62AA08036D27FE8446A_label_en-US" xlink:label="lab_us-gaap_PreferredStockValue_F2A04EC7B21FE62AA08036D27FE8446A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Value, Issued</link:label>
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    <link:loc xlink:href="tol-20140731.xsd#tol_SummaryOfAmortizedCostGrossUnrealizedHoldingGainsAndLossesAbstract" xlink:label="loc_tol_SummaryOfAmortizedCostGrossUnrealizedHoldingGainsAndLossesAbstract_B7D131D793D3CC7284D00F7C2A8F0660" xlink:type="locator" />
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    <link:label id="lab_tol_MarketableSecuritiesMaturitiesTermMin_A35C451D57D22755A15A0F8A1F7B890A_terseLabel_en-US" xlink:label="lab_tol_MarketableSecuritiesMaturitiesTermMin_A35C451D57D22755A15A0F8A1F7B890A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Marketable Securities Maturities Term Minimum</link:label>
    <link:label id="lab_tol_MarketableSecuritiesMaturitiesTermMin_A35C451D57D22755A15A0F8A1F7B890A_label_en-US" xlink:label="lab_tol_MarketableSecuritiesMaturitiesTermMin_A35C451D57D22755A15A0F8A1F7B890A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Marketable Securities Maturities Term Min</link:label>
    <link:label id="lab_tol_MarketableSecuritiesMaturitiesTermMin_A35C451D57D22755A15A0F8A1F7B890A_documentation_en-US" xlink:label="lab_tol_MarketableSecuritiesMaturitiesTermMin_A35C451D57D22755A15A0F8A1F7B890A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The minimum maturity period (in months) for the Company's marketable securities.</link:label>
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    <link:label id="lab_tol_MarketableSecuritiesMaturitiesTermMaximum_B831045D13D6C86E6D210F8C05020695_label_en-US" xlink:label="lab_tol_MarketableSecuritiesMaturitiesTermMaximum_B831045D13D6C86E6D210F8C05020695" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Marketable Securities Maturities Term Maximum</link:label>
    <link:label id="lab_tol_MarketableSecuritiesMaturitiesTermMaximum_B831045D13D6C86E6D210F8C05020695_documentation_en-US" xlink:label="lab_tol_MarketableSecuritiesMaturitiesTermMaximum_B831045D13D6C86E6D210F8C05020695" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The maximum maturity period (in months) for the Company's marketable securities.</link:label>
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    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_6AF3503B22A6DAA0ABBA3725E762A11B_verboseLabel_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_6AF3503B22A6DAA0ABBA3725E762A11B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Supplemental Condensed Consolidating Statement of Cash Flows</link:label>
    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_6AF3503B22A6DAA0ABBA3725E762A11B_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_6AF3503B22A6DAA0ABBA3725E762A11B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_F0B48A14132A19F016793725E762D354_verboseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_F0B48A14132A19F016793725E762D354" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash flow used in operating activities:</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_F0B48A14132A19F016793725E762D354" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_F0B48A14132A19F016793725E762D354" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_F0B48A14132A19F016793725E762D354" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_692D0DF308ACE93FEA733725E76276D8_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_692D0DF308ACE93FEA733725E76276D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_692D0DF308ACE93FEA733725E76276D8_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_692D0DF308ACE93FEA733725E76276D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_692D0DF308ACE93FEA733725E76276D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_692D0DF308ACE93FEA733725E76276D8" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_692D0DF308ACE93FEA733725E76276D8" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_AC8CB6EF4592AAE292763725E76805ED_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_AC8CB6EF4592AAE292763725E76805ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flow from investing activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_AC8CB6EF4592AAE292763725E76805ED_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_AC8CB6EF4592AAE292763725E76805ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_AC8CB6EF4592AAE292763725E76805ED" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_56CD663D747D7AEDF4733725E768ACB2_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_56CD663D747D7AEDF4733725E768ACB2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchase of property and equipment - net</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_56CD663D747D7AEDF4733725E768ACB2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_60B11C7CF77B68D2739B3725E768329B_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_60B11C7CF77B68D2739B3725E768329B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchase of marketable securities</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_60B11C7CF77B68D2739B3725E768329B_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_60B11C7CF77B68D2739B3725E768329B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Available-for-sale Securities, Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt" xlink:label="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_60B11C7CF77B68D2739B3725E768329B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_ADCD48BD765DD657FD863725E768D10B_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_ADCD48BD765DD657FD863725E768D10B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Sale and redemption of marketable securities</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireInterestInJointVenture" xlink:label="loc_us-gaap_PaymentsToAcquireInterestInJointVenture_888FED231BFF75A349DF3725E768EAE6" xlink:type="locator" />
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    <link:label id="lab_tol_ReturnOfInvestmentsFromUnconsolidatedEntities_AA7D016812DD466A8B953725E76835C2_verboseLabel_en-US" xlink:label="lab_tol_ReturnOfInvestmentsFromUnconsolidatedEntities_AA7D016812DD466A8B953725E76835C2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Return of investments in unconsolidated entities</link:label>
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    <link:label id="lab_tol_ReturnOfInvestmentsFromUnconsolidatedEntities_AA7D016812DD466A8B953725E76835C2_documentation_en-US" xlink:label="lab_tol_ReturnOfInvestmentsFromUnconsolidatedEntities_AA7D016812DD466A8B953725E76835C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash inflow from the return of invested capital from an entity in which the reporting entity shares control of the entity with another party or group.</link:label>
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    <link:label id="lab_tol_InvestmentInNonPerformingLoanPortfoliosAndForeclosedRealEstate_7BC6D65FE1F1538ED9FE3725E768B8C6_negatedLabel_en-US" xlink:label="lab_tol_InvestmentInNonPerformingLoanPortfoliosAndForeclosedRealEstate_7BC6D65FE1F1538ED9FE3725E768B8C6" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Investment in distressed loans and foreclosed real estate</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromBankDebt_46D52BE639CE200DEB3B3725E76F1997_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromBankDebt_46D52BE639CE200DEB3B3725E76F1997" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from loans payable</link:label>
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    <link:label id="lab_us-gaap_RepaymentsOfSeniorDebt_2D8B58BE47B6EC799D723725E76FAE84_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfSeniorDebt_2D8B58BE47B6EC799D723725E76FAE84" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Redemption of senior notes</link:label>
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    <link:label id="lab_tol_PercentageInvestmentInPartnershipsAndAffiliatesUpToWhichAccountedAsEquityMethodInvestment_1E1E6434FD3C7FDC874DF396C3F2420D_terseLabel_en-US" xlink:label="lab_tol_PercentageInvestmentInPartnershipsAndAffiliatesUpToWhichAccountedAsEquityMethodInvestment_1E1E6434FD3C7FDC874DF396C3F2420D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage Investment in Partnerships and Affiliates up to which Accounted as Equity Method Investment</link:label>
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    <link:label id="lab_tol_PercentageInvestmentInPartnershipsAndAffiliatesUpToWhichAccountedAsEquityMethodInvestment_1E1E6434FD3C7FDC874DF396C3F2420D_documentation_en-US" xlink:label="lab_tol_PercentageInvestmentInPartnershipsAndAffiliatesUpToWhichAccountedAsEquityMethodInvestment_1E1E6434FD3C7FDC874DF396C3F2420D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage investment in partnerships and affiliates up to which accounted as equity method investment.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_PercentageInvestmentInPartnershipsAndAffiliatesUpToWhichAccountedAsEquityMethodInvestment" xlink:label="loc_tol_PercentageInvestmentInPartnershipsAndAffiliatesUpToWhichAccountedAsEquityMethodInvestment_1E1E6434FD3C7FDC874DF396C3F2420D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EquityMethodInvestmentAdditionalInformation_36E0A27B8840315D207FF396C3F20F4F_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentAdditionalInformation_36E0A27B8840315D207FF396C3F20F4F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Condition for accounting in investments as per equity method</link:label>
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    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_9E0671A52D236CFFFB66F396C693D507_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_9E0671A52D236CFFFB66F396C693D507" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Calculation of income per share</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_9E0671A52D236CFFFB66F396C693D507_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_9E0671A52D236CFFFB66F396C693D507" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
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    <link:label id="lab_us-gaap_UnsecuredLongTermDebt_8C90C82C13B3053386453D85FC5FE7A5_terseLabel_en-US" xlink:label="lab_us-gaap_UnsecuredLongTermDebt_8C90C82C13B3053386453D85FC5FE7A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unsecured Long-term Debt, Noncurrent</link:label>
    <link:label id="lab_us-gaap_UnsecuredLongTermDebt_8C90C82C13B3053386453D85FC5FE7A5_label_en-US" xlink:label="lab_us-gaap_UnsecuredLongTermDebt_8C90C82C13B3053386453D85FC5FE7A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unsecured Long-term Debt, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnsecuredLongTermDebt" xlink:label="loc_us-gaap_UnsecuredLongTermDebt_8C90C82C13B3053386453D85FC5FE7A5" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherLoansPayable_D237CBC71B0F079BD4DD3D85FC5FAE48_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLoansPayable_D237CBC71B0F079BD4DD3D85FC5FAE48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Loans Payable</link:label>
    <link:label id="lab_us-gaap_OtherLoansPayable_D237CBC71B0F079BD4DD3D85FC5FAE48_label_en-US" xlink:label="lab_us-gaap_OtherLoansPayable_D237CBC71B0F079BD4DD3D85FC5FAE48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Loans Payable</link:label>
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    <link:label id="lab_us-gaap_InventoryDisclosureTextBlock_EDE12D915BFE2483FFC2F396C2BD45C8_verboseLabel_en-US" xlink:label="lab_us-gaap_InventoryDisclosureTextBlock_EDE12D915BFE2483FFC2F396C2BD45C8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Inventory</link:label>
    <link:label id="lab_us-gaap_InventoryDisclosureTextBlock_EDE12D915BFE2483FFC2F396C2BD45C8_label_en-US" xlink:label="lab_us-gaap_InventoryDisclosureTextBlock_EDE12D915BFE2483FFC2F396C2BD45C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InventoryDisclosureTextBlock" xlink:label="loc_us-gaap_InventoryDisclosureTextBlock_EDE12D915BFE2483FFC2F396C2BD45C8" xlink:type="locator" />
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    <link:label id="lab_tol_SeniorNotesIssuedForCashMember_5C1A324A7947E012EFDBF396C59F84E8_terseLabel_en-US" xlink:label="lab_tol_SeniorNotesIssuedForCashMember_5C1A324A7947E012EFDBF396C59F84E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes Issued for Cash [Member]</link:label>
    <link:label id="lab_tol_SeniorNotesIssuedForCashMember_5C1A324A7947E012EFDBF396C59F84E8_label_en-US" xlink:label="lab_tol_SeniorNotesIssuedForCashMember_5C1A324A7947E012EFDBF396C59F84E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Issued for Cash [Member]</link:label>
    <link:label id="lab_tol_SeniorNotesIssuedForCashMember_5C1A324A7947E012EFDBF396C59F84E8_documentation_en-US" xlink:label="lab_tol_SeniorNotesIssuedForCashMember_5C1A324A7947E012EFDBF396C59F84E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior notes issued for cash.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_SeniorNotesIssuedForCashMember" xlink:label="loc_tol_SeniorNotesIssuedForCashMember_5C1A324A7947E012EFDBF396C59F84E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_SeniorNotesIssuedForCashMember_5C1A324A7947E012EFDBF396C59F84E8" xlink:to="lab_tol_SeniorNotesIssuedForCashMember_5C1A324A7947E012EFDBF396C59F84E8" xlink:type="arc" />
    <link:label id="lab_tol_FourPointNineFinePercentSeniorNotesDueTwoThousandAndFourteenMember_13AEA260CA0BD2DA1239F396C59F6772_terseLabel_en-US" xlink:label="lab_tol_FourPointNineFinePercentSeniorNotesDueTwoThousandAndFourteenMember_13AEA260CA0BD2DA1239F396C59F6772" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Four Point Nine Fine Percent Senior Notes Due two thousand and fourteen [Member]</link:label>
    <link:label id="lab_tol_FourPointNineFinePercentSeniorNotesDueTwoThousandAndFourteenMember_13AEA260CA0BD2DA1239F396C59F6772_label_en-US" xlink:label="lab_tol_FourPointNineFinePercentSeniorNotesDueTwoThousandAndFourteenMember_13AEA260CA0BD2DA1239F396C59F6772" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Point Nine Fine Percent Senior Notes Due two thousand and fourteen [Member]</link:label>
    <link:label id="lab_tol_FourPointNineFinePercentSeniorNotesDueTwoThousandAndFourteenMember_13AEA260CA0BD2DA1239F396C59F6772_documentation_en-US" xlink:label="lab_tol_FourPointNineFinePercentSeniorNotesDueTwoThousandAndFourteenMember_13AEA260CA0BD2DA1239F396C59F6772" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">4.95% Senior Notes due 2014.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_FourPointNineFinePercentSeniorNotesDueTwoThousandAndFourteenMember" xlink:label="loc_tol_FourPointNineFinePercentSeniorNotesDueTwoThousandAndFourteenMember_13AEA260CA0BD2DA1239F396C59F6772" xlink:type="locator" />
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    <link:label id="lab_tol_FourpercentSeniorNotesduetwothousandandeighteenMember_6E54C28C416652B3584AF396C59F6EEA_terseLabel_en-US" xlink:label="lab_tol_FourpercentSeniorNotesduetwothousandandeighteenMember_6E54C28C416652B3584AF396C59F6EEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Four percent Senior Notes due two thousand and eighteen [Member]</link:label>
    <link:label id="lab_tol_FourpercentSeniorNotesduetwothousandandeighteenMember_6E54C28C416652B3584AF396C59F6EEA_label_en-US" xlink:label="lab_tol_FourpercentSeniorNotesduetwothousandandeighteenMember_6E54C28C416652B3584AF396C59F6EEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four percent Senior Notes due two thousand and eighteen [Member]</link:label>
    <link:label id="lab_tol_FourpercentSeniorNotesduetwothousandandeighteenMember_6E54C28C416652B3584AF396C59F6EEA_documentation_en-US" xlink:label="lab_tol_FourpercentSeniorNotesduetwothousandandeighteenMember_6E54C28C416652B3584AF396C59F6EEA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">4.0% Senior Notes due 2018 [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_FourpercentSeniorNotesduetwothousandandeighteenMember" xlink:label="loc_tol_FourpercentSeniorNotesduetwothousandandeighteenMember_6E54C28C416652B3584AF396C59F6EEA" xlink:type="locator" />
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    <link:label id="lab_tol_FivepointsixtwofivepercentSeniornotesduetwentytwentyfourMember_ACE342958379554399FFF396C59FB69E_terseLabel_en-US" xlink:label="lab_tol_FivepointsixtwofivepercentSeniornotesduetwentytwentyfourMember_ACE342958379554399FFF396C59FB69E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">five point six two five percent Senior notes due twenty twenty four [Member]</link:label>
    <link:label id="lab_tol_FivepointsixtwofivepercentSeniornotesduetwentytwentyfourMember_ACE342958379554399FFF396C59FB69E_label_en-US" xlink:label="lab_tol_FivepointsixtwofivepercentSeniornotesduetwentytwentyfourMember_ACE342958379554399FFF396C59FB69E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">five point six two five percent Senior notes due twenty twenty four [Member]</link:label>
    <link:label id="lab_tol_FivepointsixtwofivepercentSeniornotesduetwentytwentyfourMember_ACE342958379554399FFF396C59FB69E_documentation_en-US" xlink:label="lab_tol_FivepointsixtwofivepercentSeniornotesduetwentytwentyfourMember_ACE342958379554399FFF396C59FB69E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">5.625 Senior Notes due 2024 [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_FivepointsixtwofivepercentSeniornotesduetwentytwentyfourMember" xlink:label="loc_tol_FivepointsixtwofivepercentSeniornotesduetwentytwentyfourMember_ACE342958379554399FFF396C59FB69E" xlink:type="locator" />
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    <link:label id="lab_tol_FivePointNineFivePercentSeniorNotesDueTwoThousandAndThirteenMember_2978F425F6482B85B58BF396C59FBF25_terseLabel_en-US" xlink:label="lab_tol_FivePointNineFivePercentSeniorNotesDueTwoThousandAndThirteenMember_2978F425F6482B85B58BF396C59FBF25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Five Point Nine Five Percent Senior Notes Due Two Thousand and Thirteen [Member]</link:label>
    <link:label id="lab_tol_FivePointNineFivePercentSeniorNotesDueTwoThousandAndThirteenMember_2978F425F6482B85B58BF396C59FBF25_label_en-US" xlink:label="lab_tol_FivePointNineFivePercentSeniorNotesDueTwoThousandAndThirteenMember_2978F425F6482B85B58BF396C59FBF25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Five Point Nine Five Percent Senior Notes Due Two Thousand and Thirteen [Member]</link:label>
    <link:label id="lab_tol_FivePointNineFivePercentSeniorNotesDueTwoThousandAndThirteenMember_2978F425F6482B85B58BF396C59FBF25_documentation_en-US" xlink:label="lab_tol_FivePointNineFivePercentSeniorNotesDueTwoThousandAndThirteenMember_2978F425F6482B85B58BF396C59FBF25" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">5.95% Senior notes due 2013.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_FivePointNineFivePercentSeniorNotesDueTwoThousandAndThirteenMember" xlink:label="loc_tol_FivePointNineFivePercentSeniorNotesDueTwoThousandAndThirteenMember_2978F425F6482B85B58BF396C59FBF25" xlink:type="locator" />
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    <link:label id="lab_tol_A4375SeniorNotesDue2023Member_B82A4D28AA68594E7164F396C59FD544_terseLabel_en-US" xlink:label="lab_tol_A4375SeniorNotesDue2023Member_B82A4D28AA68594E7164F396C59FD544" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4.375% Senior Notes due 2023 [Member]</link:label>
    <link:label id="lab_tol_A4375SeniorNotesDue2023Member_B82A4D28AA68594E7164F396C59FD544_label_en-US" xlink:label="lab_tol_A4375SeniorNotesDue2023Member_B82A4D28AA68594E7164F396C59FD544" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">4.375% Senior Notes due 2023 [Member]</link:label>
    <link:label id="lab_tol_A4375SeniorNotesDue2023Member_B82A4D28AA68594E7164F396C59FD544_documentation_en-US" xlink:label="lab_tol_A4375SeniorNotesDue2023Member_B82A4D28AA68594E7164F396C59FD544" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">4.375% Senior Notes due 2023 [Member]</link:label>
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    <link:label id="lab_tol_RestrictedStockUnitsIssued_A3C85F693E17EA04FCEAF396C2C104FD_terseLabel_en-US" xlink:label="lab_tol_RestrictedStockUnitsIssued_A3C85F693E17EA04FCEAF396C2C104FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted stock units issued</link:label>
    <link:label id="lab_tol_RestrictedStockUnitsIssued_A3C85F693E17EA04FCEAF396C2C104FD_label_en-US" xlink:label="lab_tol_RestrictedStockUnitsIssued_A3C85F693E17EA04FCEAF396C2C104FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted stock units issued</link:label>
    <link:label id="lab_tol_RestrictedStockUnitsIssued_A3C85F693E17EA04FCEAF396C2C104FD_documentation_en-US" xlink:label="lab_tol_RestrictedStockUnitsIssued_A3C85F693E17EA04FCEAF396C2C104FD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of restricted stock units that were issued during the period.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_RestrictedStockUnitsIssued" xlink:label="loc_tol_RestrictedStockUnitsIssued_A3C85F693E17EA04FCEAF396C2C104FD" xlink:type="locator" />
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    <link:label id="lab_tol_ClosingPriceOfCompanyCommonStockAtIssuanceDate_0BD4DB7BCFD07DEB0F40F396C2C10860_documentation_en-US" xlink:label="lab_tol_ClosingPriceOfCompanyCommonStockAtIssuanceDate_0BD4DB7BCFD07DEB0F40F396C2C10860" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Closing price of company common stock at issuance date.</link:label>
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    <link:label id="lab_tol_FairValueOfRestrictedStockUnitsIssued_B0899D3A777A61DFFC99F396C2C1118B_terseLabel_en-US" xlink:label="lab_tol_FairValueOfRestrictedStockUnitsIssued_B0899D3A777A61DFFC99F396C2C1118B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of restricted stock units issued</link:label>
    <link:label id="lab_tol_FairValueOfRestrictedStockUnitsIssued_B0899D3A777A61DFFC99F396C2C1118B_label_en-US" xlink:label="lab_tol_FairValueOfRestrictedStockUnitsIssued_B0899D3A777A61DFFC99F396C2C1118B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair value of restricted stock units issued</link:label>
    <link:label id="lab_tol_FairValueOfRestrictedStockUnitsIssued_B0899D3A777A61DFFC99F396C2C1118B_documentation_en-US" xlink:label="lab_tol_FairValueOfRestrictedStockUnitsIssued_B0899D3A777A61DFFC99F396C2C1118B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The estimated fair value of restricted stock units issued during the period.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_FairValueOfRestrictedStockUnitsIssued" xlink:label="loc_tol_FairValueOfRestrictedStockUnitsIssued_B0899D3A777A61DFFC99F396C2C1118B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_C6131D5233CEEFC06837F396C2C260CC_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_C6131D5233CEEFC06837F396C2C260CC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Aggregate outstanding RSUs</link:label>
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    <link:label id="lab_us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward_1F895963692DA7444F18F396C5315FA8_verboseLabel_en-US" xlink:label="lab_us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward_1F895963692DA7444F18F396C5315FA8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Changes in the warranty accrual</link:label>
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    <link:label id="lab_us-gaap_ProductWarrantyAccrual_5E4DE9E57E11319EEDD0F396C531B15C_periodStartLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrual_5E4DE9E57E11319EEDD0F396C531B15C" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance, beginning of year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProductWarrantyAccrual" xlink:label="loc_us-gaap_ProductWarrantyAccrual_5E4DE9E57E11319EEDD0F396C531B15C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProductWarrantyAccrualWarrantiesIssued_1366D41729C47FFB1D4FF396C531A688_verboseLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualWarrantiesIssued_1366D41729C47FFB1D4FF396C531A688" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Additions - homes closed during the year</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProductWarrantyAccrualWarrantiesIssued" xlink:label="loc_us-gaap_ProductWarrantyAccrualWarrantiesIssued_1366D41729C47FFB1D4FF396C531A688" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProductWarrantyAccrual_3DB35D9E74CE2091F1A5F396C531A74E_periodEndLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrual_3DB35D9E74CE2091F1A5F396C531A74E" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance, end of year</link:label>
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    <link:label id="lab_us-gaap_NetIncomeLoss_1B16A46C913AEB818D5E410906556DC5_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_1B16A46C913AEB818D5E410906556DC5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
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    <link:label id="lab_us-gaap_ShareBasedCompensation_7F0233B5DE36CC2F21624109065563E7_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_7F0233B5DE36CC2F21624109065563E7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation</link:label>
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    <link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_25DB0AB11402278DAD1441090655F614_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_25DB0AB11402278DAD1441090655F614" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Excess tax benefits from stock-based compensation</link:label>
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    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_66D339C2865A5BE75E50410906553788_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_66D339C2865A5BE75E50410906553788" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income from unconsolidated entities</link:label>
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    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_9260C581143B8D6CFBE3410906556B0D_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_9260C581143B8D6CFBE3410906556B0D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Distributions of earnings from unconsolidated entities</link:label>
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    <link:label id="lab_tol_IncomeFromNonPerformingLoanPortfoliosAndForeclosedRealEstate_67F7E03588076AA7C4BD41090655E7C2_negatedLabel_en-US" xlink:label="lab_tol_IncomeFromNonPerformingLoanPortfoliosAndForeclosedRealEstate_67F7E03588076AA7C4BD41090655E7C2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income from distressed loans and foreclosed real estate</link:label>
    <link:label id="lab_tol_IncomeFromNonPerformingLoanPortfoliosAndForeclosedRealEstate_67F7E03588076AA7C4BD41090655E7C2_label_en-US" xlink:label="lab_tol_IncomeFromNonPerformingLoanPortfoliosAndForeclosedRealEstate_67F7E03588076AA7C4BD41090655E7C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income From Non Performing Loan Portfolios and Foreclosed Real Estate</link:label>
    <link:label id="lab_tol_IncomeFromNonPerformingLoanPortfoliosAndForeclosedRealEstate_67F7E03588076AA7C4BD41090655E7C2_documentation_en-US" xlink:label="lab_tol_IncomeFromNonPerformingLoanPortfoliosAndForeclosedRealEstate_67F7E03588076AA7C4BD41090655E7C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income from non performing loan portfolios and foreclosed real estate.</link:label>
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    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_177D5491255827D078EE410906550A55_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_177D5491255827D078EE410906550A55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax provision (benefit)</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_AD8A6FEA7886C3BBF9804109065564C0_verboseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_AD8A6FEA7886C3BBF9804109065564C0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Increase in income taxes payable</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_054BF3BBF976E5B7755C41090655A1D9_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_054BF3BBF976E5B7755C41090655A1D9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in operating activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_054BF3BBF976E5B7755C41090655A1D9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2D4EA5456CA9B85C937441090655B70F_verboseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2D4EA5456CA9B85C937441090655B70F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash flow (used in) provided by investing activities:</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_DDB68CAEC41A4451804C410906557753_verboseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_DDB68CAEC41A4451804C410906557753" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash flow used in financing activities:</link:label>
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    <link:label id="lab_tol_FairValueDisclosurePhantomNoteAbstract_93722AABD6B379EF65A8F396C60D68A4_documentation_en-US" xlink:label="lab_tol_FairValueDisclosurePhantomNoteAbstract_93722AABD6B379EF65A8F396C60D68A4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Disclosure Phantom note [Abstract]</link:label>
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    <link:label id="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTable_62443C23A25A042F0A0DF396C60D1AEF_label_en-US" xlink:label="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTable_62443C23A25A042F0A0DF396C60D1AEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Assets, Quantitative Information [Table]</link:label>
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    <link:label id="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems_C75A4334156688494EA0F396C60E4EBF_label_en-US" xlink:label="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems_C75A4334156688494EA0F396C60E4EBF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Assets, Quantitative Information [Line Items]</link:label>
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    <link:label id="lab_tol_SellingPrice_D2863CC55A66D99E13FEF396C60E8E7E_documentation_en-US" xlink:label="lab_tol_SellingPrice_D2863CC55A66D99E13FEF396C60E8E7E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Selling price of homes sold during period (home closing revenues divided by number of home closings)</link:label>
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    <link:label id="lab_tol_SalesPace_17468AC93AA31B0A59D5F396C60E1903_label_en-US" xlink:label="lab_tol_SalesPace_17468AC93AA31B0A59D5F396C60E1903" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sales pace</link:label>
    <link:label id="lab_tol_SalesPace_17468AC93AA31B0A59D5F396C60E1903_documentation_en-US" xlink:label="lab_tol_SalesPace_17468AC93AA31B0A59D5F396C60E1903" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sales pace - number of homes sold per community during period</link:label>
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    <link:label id="lab_tol_DiscountRate_8763B3C59907A22D1ED1F396C60E7A28_label_en-US" xlink:label="lab_tol_DiscountRate_8763B3C59907A22D1ED1F396C60E7A28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discount rate</link:label>
    <link:label id="lab_tol_DiscountRate_8763B3C59907A22D1ED1F396C60E7A28_documentation_en-US" xlink:label="lab_tol_DiscountRate_8763B3C59907A22D1ED1F396C60E7A28" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Discount rate used in discounted cash flow model to determine fair value</link:label>
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    <link:label id="lab_tol_IntercompanyInterestIncome_6764FA3010BC45314F34382A091882E8_documentation_en-US" xlink:label="lab_tol_IntercompanyInterestIncome_6764FA3010BC45314F34382A091882E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intercompany interest income</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_IntercompanyInterestIncome" xlink:label="loc_tol_IntercompanyInterestIncome_6764FA3010BC45314F34382A091882E8" xlink:type="locator" />
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    <link:loc xlink:href="tol-20140731.xsd#tol_MortgageCommitmentsByTypeDomain" xlink:label="loc_tol_MortgageCommitmentsByTypeDomain_377149B1F72275D5F327F396C698C984" xlink:type="locator" />
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    <link:loc xlink:href="tol-20140731.xsd#tol_NonInterestRateLockCommitmentsMember" xlink:label="loc_tol_NonInterestRateLockCommitmentsMember_4E81226172E05DDCFA2FF396C698B980" xlink:type="locator" />
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    <link:loc xlink:href="tol-20140731.xsd#tol_CommitmentsAndContingenciesLineItems" xlink:label="loc_tol_CommitmentsAndContingenciesLineItems_6DD8FBFFF0549237C6B7F396C6983114" xlink:type="locator" />
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    <link:label id="lab_tol_CompanyMortgageCommitmentAbstract_37E37D7F9FDA8894B4E2F396C6983348_verboseLabel_en-US" xlink:label="lab_tol_CompanyMortgageCommitmentAbstract_37E37D7F9FDA8894B4E2F396C6983348" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Company's mortgage commitments</link:label>
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    <link:loc xlink:href="tol-20140731.xsd#tol_CompanyMortgageCommitmentAbstract" xlink:label="loc_tol_CompanyMortgageCommitmentAbstract_37E37D7F9FDA8894B4E2F396C6983348" xlink:type="locator" />
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    <link:label id="lab_tol_Supplementalguarantorinformationconsolidatednetworthallreleasedguarantorsubsdefaultcure_387C6B8922273F6F8B9CF396C4179AE5_documentation_en-US" xlink:label="lab_tol_Supplementalguarantorinformationconsolidatednetworthallreleasedguarantorsubsdefaultcure_387C6B8922273F6F8B9CF396C4179AE5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">As a condition of being released as a guarantor, the combined net worth of guarantor subsidiaries released from their guarantees can not be greater than this percent of the Registrants consolidated net worth, when release is performed to cure a default.</link:label>
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    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementAbstract_312FB05194F0702443C1F396C6AB02A1_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementAbstract_312FB05194F0702443C1F396C6AB02A1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Condensed Statements of Operations:</link:label>
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    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales_47B9BDDF4BEC6C3BA267F396C6ACFC1D_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales_47B9BDDF4BEC6C3BA267F396C6ACFC1D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cost of revenues</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales_47B9BDDF4BEC6C3BA267F396C6ACFC1D" xlink:type="locator" />
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    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_9596F5E74FBF0A3ACA40F396C6ACA343_verboseLabel_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_9596F5E74FBF0A3ACA40F396C6ACA343" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other expenses</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_9596F5E74FBF0A3ACA40F396C6ACA343_label_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_9596F5E74FBF0A3ACA40F396C6ACA343" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment Summarized Financial Information Other Expenses</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_9596F5E74FBF0A3ACA40F396C6ACA343_documentation_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_9596F5E74FBF0A3ACA40F396C6ACA343" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of other expenses reported by an equity method investment of an entitiy</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses" xlink:label="loc_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_9596F5E74FBF0A3ACA40F396C6ACA343" xlink:type="locator" />
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    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_754C694135602CF30B13F396C6ACB5DE_totalLabel_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_754C694135602CF30B13F396C6ACB5DE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total expenses</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_754C694135602CF30B13F396C6ACB5DE_label_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_754C694135602CF30B13F396C6ACB5DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment Summarized Financial Information Expenses</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_754C694135602CF30B13F396C6ACB5DE_documentation_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_754C694135602CF30B13F396C6ACB5DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total expenses reported by an equity method investment of an entity</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses" xlink:label="loc_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_754C694135602CF30B13F396C6ACB5DE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GainLossOnDispositionOfAssets_DD70364C3DFF2D14280BF396C6ACCE52_negatedLabel_en-US" xlink:label="lab_us-gaap_GainLossOnDispositionOfAssets_DD70364C3DFF2D14280BF396C6ACCE52" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Loss/ Gain on disposition of loans and REO</link:label>
    <link:label id="lab_us-gaap_GainLossOnDispositionOfAssets_DD70364C3DFF2D14280BF396C6ACCE52_label_en-US" xlink:label="lab_us-gaap_GainLossOnDispositionOfAssets_DD70364C3DFF2D14280BF396C6ACCE52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets" xlink:label="loc_us-gaap_GainLossOnDispositionOfAssets_DD70364C3DFF2D14280BF396C6ACCE52" xlink:type="locator" />
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    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations_DEC65C1D818009CE3B54F396C6AC50FF_totalLabel_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations_DEC65C1D818009CE3B54F396C6AC50FF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income (loss) from operations</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations_DEC65C1D818009CE3B54F396C6AC50FF_label_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations_DEC65C1D818009CE3B54F396C6AC50FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment Summarized Financial Information Income Loss from Operations</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations_DEC65C1D818009CE3B54F396C6AC50FF_documentation_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations_DEC65C1D818009CE3B54F396C6AC50FF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of income (loss) from operations reported by an equity method investment of an entity</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations" xlink:label="loc_tol_EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations_DEC65C1D818009CE3B54F396C6AC50FF" xlink:type="locator" />
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    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherIncome_F195C05EB90823F23E92F396C6ACBD72_verboseLabel_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherIncome_F195C05EB90823F23E92F396C6ACBD72" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other income</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherIncome_F195C05EB90823F23E92F396C6ACBD72_label_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherIncome_F195C05EB90823F23E92F396C6ACBD72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment Summarized Financial Information Other Income</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherIncome_F195C05EB90823F23E92F396C6ACBD72_documentation_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherIncome_F195C05EB90823F23E92F396C6ACBD72" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity method investment summarized financial information other income.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_EquityMethodInvestmentSummarizedFinancialInformationOtherIncome" xlink:label="loc_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherIncome_F195C05EB90823F23E92F396C6ACBD72" xlink:type="locator" />
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    <link:label id="lab_tol_NetIncomeBeforeNoncontrollingInterest_C1A38AEAA2760A4EE8DCF396C6ACF79C_totalLabel_en-US" xlink:label="lab_tol_NetIncomeBeforeNoncontrollingInterest_C1A38AEAA2760A4EE8DCF396C6ACF79C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income (loss)</link:label>
    <link:label id="lab_tol_NetIncomeBeforeNoncontrollingInterest_C1A38AEAA2760A4EE8DCF396C6ACF79C_label_en-US" xlink:label="lab_tol_NetIncomeBeforeNoncontrollingInterest_C1A38AEAA2760A4EE8DCF396C6ACF79C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income Before Noncontrolling Interest</link:label>
    <link:label id="lab_tol_NetIncomeBeforeNoncontrollingInterest_C1A38AEAA2760A4EE8DCF396C6ACF79C_documentation_en-US" xlink:label="lab_tol_NetIncomeBeforeNoncontrollingInterest_C1A38AEAA2760A4EE8DCF396C6ACF79C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net income before noncontrolling interest reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_NetIncomeBeforeNoncontrollingInterest" xlink:label="loc_tol_NetIncomeBeforeNoncontrollingInterest_C1A38AEAA2760A4EE8DCF396C6ACF79C" xlink:type="locator" />
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    <link:label id="lab_tol_NetIncomeAttributableToNoncontrollingInterest_A64C5985BFCEC67DF576F396C6AC6BD0_negatedLabel_en-US" xlink:label="lab_tol_NetIncomeAttributableToNoncontrollingInterest_A64C5985BFCEC67DF576F396C6AC6BD0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Net income attributable to noncontrolling interest</link:label>
    <link:label id="lab_tol_NetIncomeAttributableToNoncontrollingInterest_A64C5985BFCEC67DF576F396C6AC6BD0_label_en-US" xlink:label="lab_tol_NetIncomeAttributableToNoncontrollingInterest_A64C5985BFCEC67DF576F396C6AC6BD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income Attributable to Noncontrolling Interest</link:label>
    <link:label id="lab_tol_NetIncomeAttributableToNoncontrollingInterest_A64C5985BFCEC67DF576F396C6AC6BD0_documentation_en-US" xlink:label="lab_tol_NetIncomeAttributableToNoncontrollingInterest_A64C5985BFCEC67DF576F396C6AC6BD0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net income attributable to noncontrolling interest.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_NetIncomeAttributableToNoncontrollingInterest" xlink:label="loc_tol_NetIncomeAttributableToNoncontrollingInterest_A64C5985BFCEC67DF576F396C6AC6BD0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_228DDAD84DA4AD279E7FF396C6AC84CC_totalLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_228DDAD84DA4AD279E7FF396C6AC84CC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) attributable to controlling interest</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_228DDAD84DA4AD279E7FF396C6AC84CC_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_228DDAD84DA4AD279E7FF396C6AC84CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Net Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_228DDAD84DA4AD279E7FF396C6AC84CC" xlink:type="locator" />
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    <link:label id="lab_tol_EquityMethodSummarizedFinancialInformationOtherComprehensiveIncome_90A43BD34615876C6CAEF396C6AC4E54_terseLabel_en-US" xlink:label="lab_tol_EquityMethodSummarizedFinancialInformationOtherComprehensiveIncome_90A43BD34615876C6CAEF396C6AC4E54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss)</link:label>
    <link:label id="lab_tol_EquityMethodSummarizedFinancialInformationOtherComprehensiveIncome_90A43BD34615876C6CAEF396C6AC4E54_label_en-US" xlink:label="lab_tol_EquityMethodSummarizedFinancialInformationOtherComprehensiveIncome_90A43BD34615876C6CAEF396C6AC4E54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">equity method summarized financial information other comprehensive income</link:label>
    <link:label id="lab_tol_EquityMethodSummarizedFinancialInformationOtherComprehensiveIncome_90A43BD34615876C6CAEF396C6AC4E54_documentation_en-US" xlink:label="lab_tol_EquityMethodSummarizedFinancialInformationOtherComprehensiveIncome_90A43BD34615876C6CAEF396C6AC4E54" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of other comprehensive income (loss) reported by an equity method investment of the entity.</link:label>
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    <link:label id="lab_us-gaap_InterestAndOtherIncomeTableTextBlock_DE815179186827EA34FC36DBA8F4A46E_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndOtherIncomeTableTextBlock_DE815179186827EA34FC36DBA8F4A46E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Income - net</link:label>
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    <link:label id="lab_us-gaap_RealEstateAcquiredThroughForeclosure_F7593AD9510A14607D3B419920B3EDB1_periodStartLabel_en-US" xlink:label="lab_us-gaap_RealEstateAcquiredThroughForeclosure_F7593AD9510A14607D3B419920B3EDB1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Real Estate Acquired Through Foreclosure</link:label>
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    <link:label id="lab_tol_RealEstateOwnedAdditions_F946EF3BD3C9601BE635419920B3859E_terseLabel_en-US" xlink:label="lab_tol_RealEstateOwnedAdditions_F946EF3BD3C9601BE635419920B3859E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate Owned Additions</link:label>
    <link:label id="lab_tol_RealEstateOwnedAdditions_F946EF3BD3C9601BE635419920B3859E_label_en-US" xlink:label="lab_tol_RealEstateOwnedAdditions_F946EF3BD3C9601BE635419920B3859E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Owned Additions</link:label>
    <link:label id="lab_tol_RealEstateOwnedAdditions_F946EF3BD3C9601BE635419920B3859E_documentation_en-US" xlink:label="lab_tol_RealEstateOwnedAdditions_F946EF3BD3C9601BE635419920B3859E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of increase to total real estate owned during the period from acquisitions and/or transfers from loans receivable</link:label>
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    <link:label id="lab_tol_RealEstateOwnedSales_B4D12E1779255DE27832419920B3820B_negatedLabel_en-US" xlink:label="lab_tol_RealEstateOwnedSales_B4D12E1779255DE27832419920B3820B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Real Estate Owned, Sales</link:label>
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    <link:label id="lab_tol_RealEstateOwnedSales_B4D12E1779255DE27832419920B3820B_documentation_en-US" xlink:label="lab_tol_RealEstateOwnedSales_B4D12E1779255DE27832419920B3820B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sales of Real estate owned.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_RealEstateOwnedSales" xlink:label="loc_tol_RealEstateOwnedSales_B4D12E1779255DE27832419920B3820B" xlink:type="locator" />
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    <link:label id="lab_tol_RealEstateOwnedImpairments_9E0942C37074839AA88C419920B334B4_negatedTerseLabel_en-US" xlink:label="lab_tol_RealEstateOwnedImpairments_9E0942C37074839AA88C419920B334B4" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Real Estate Owned, Impairments</link:label>
    <link:label id="lab_tol_RealEstateOwnedImpairments_9E0942C37074839AA88C419920B334B4_label_en-US" xlink:label="lab_tol_RealEstateOwnedImpairments_9E0942C37074839AA88C419920B334B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Owned, Impairments</link:label>
    <link:label id="lab_tol_RealEstateOwnedImpairments_9E0942C37074839AA88C419920B334B4_documentation_en-US" xlink:label="lab_tol_RealEstateOwnedImpairments_9E0942C37074839AA88C419920B334B4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount by which the recorded investment in REO exceeds the REO's fair value and is recorded as an impairment.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_RealEstateOwnedImpairments" xlink:label="loc_tol_RealEstateOwnedImpairments_9E0942C37074839AA88C419920B334B4" xlink:type="locator" />
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    <link:label id="lab_tol_RealEstateHeldAndUsedDepreciation_74D94DFF37258BB8F492419920B341CE_terseLabel_en-US" xlink:label="lab_tol_RealEstateHeldAndUsedDepreciation_74D94DFF37258BB8F492419920B341CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate Held And Used Depreciation</link:label>
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    <link:label id="lab_tol_RealEstateHeldAndUsedDepreciation_74D94DFF37258BB8F492419920B341CE_documentation_en-US" xlink:label="lab_tol_RealEstateHeldAndUsedDepreciation_74D94DFF37258BB8F492419920B341CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of depreciation expense for the period related to real estate owned held-and-used.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_RealEstateHeldAndUsedDepreciation" xlink:label="loc_tol_RealEstateHeldAndUsedDepreciation_74D94DFF37258BB8F492419920B341CE" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RealEstateAcquiredThroughForeclosure" xlink:label="loc_us-gaap_RealEstateAcquiredThroughForeclosure_D0493DF641A2A7315128419920B3ABB0" xlink:type="locator" />
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    <link:label id="lab_tol_LetterofCreditcollateralizationAxis_BDB5411C300F6D4C29C337AAEC895101_terseLabel_en-US" xlink:label="lab_tol_LetterofCreditcollateralizationAxis_BDB5411C300F6D4C29C337AAEC895101" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Letter of Credit collateralization [Axis]</link:label>
    <link:label id="lab_tol_LetterofCreditcollateralizationAxis_BDB5411C300F6D4C29C337AAEC895101_label_en-US" xlink:label="lab_tol_LetterofCreditcollateralizationAxis_BDB5411C300F6D4C29C337AAEC895101" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Letter of Credit collateralization [Axis]</link:label>
    <link:label id="lab_tol_LetterofCreditcollateralizationAxis_BDB5411C300F6D4C29C337AAEC895101_documentation_en-US" xlink:label="lab_tol_LetterofCreditcollateralizationAxis_BDB5411C300F6D4C29C337AAEC895101" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information as to the collateralization of the Entities letters of credit.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_LetterofCreditcollateralizationAxis" xlink:label="loc_tol_LetterofCreditcollateralizationAxis_BDB5411C300F6D4C29C337AAEC895101" xlink:type="locator" />
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    <link:label id="lab_tol_LetterofCreditcollateralizationDomain_4E21DD39F61D696A34AA37AAEC8A9E00_terseLabel_en-US" xlink:label="lab_tol_LetterofCreditcollateralizationDomain_4E21DD39F61D696A34AA37AAEC8A9E00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Letter of Credit collateralization [Domain]</link:label>
    <link:label id="lab_tol_LetterofCreditcollateralizationDomain_4E21DD39F61D696A34AA37AAEC8A9E00_label_en-US" xlink:label="lab_tol_LetterofCreditcollateralizationDomain_4E21DD39F61D696A34AA37AAEC8A9E00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Letter of Credit collateralization [Domain]</link:label>
    <link:label id="lab_tol_LetterofCreditcollateralizationDomain_4E21DD39F61D696A34AA37AAEC8A9E00_documentation_en-US" xlink:label="lab_tol_LetterofCreditcollateralizationDomain_4E21DD39F61D696A34AA37AAEC8A9E00" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Domain] for Information as to the collateralization of the Entities letters of credit.</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_LetterofCreditcollateralizationDomain" xlink:label="loc_tol_LetterofCreditcollateralizationDomain_4E21DD39F61D696A34AA37AAEC8A9E00" xlink:type="locator" />
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    <link:label id="lab_tol_CollateralizedByRestrictedCashMember_C19DABBE87D05047E2ED37AAEC8F0737_terseLabel_en-US" xlink:label="lab_tol_CollateralizedByRestrictedCashMember_C19DABBE87D05047E2ED37AAEC8F0737" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collateralized by restricted cash [Member]</link:label>
    <link:label id="lab_tol_CollateralizedByRestrictedCashMember_C19DABBE87D05047E2ED37AAEC8F0737_label_en-US" xlink:label="lab_tol_CollateralizedByRestrictedCashMember_C19DABBE87D05047E2ED37AAEC8F0737" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateralized by restricted cash [Member]</link:label>
    <link:label id="lab_tol_CollateralizedByRestrictedCashMember_C19DABBE87D05047E2ED37AAEC8F0737_documentation_en-US" xlink:label="lab_tol_CollateralizedByRestrictedCashMember_C19DABBE87D05047E2ED37AAEC8F0737" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Outstanding letters of credit collateralized by restricted cash [Member]</link:label>
    <link:loc xlink:href="tol-20140731.xsd#tol_CollateralizedByRestrictedCashMember" xlink:label="loc_tol_CollateralizedByRestrictedCashMember_C19DABBE87D05047E2ED37AAEC8F0737" xlink:type="locator" />
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    <link:label id="lab_tol_CommitmentsAndContingenciesAdditionalTextualAbstract_0EDD4EA901BC9DCB767C37AAEC90C626_verboseLabel_en-US" xlink:label="lab_tol_CommitmentsAndContingenciesAdditionalTextualAbstract_0EDD4EA901BC9DCB767C37AAEC90C626" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies (Additional Textual) [Abstract]</link:label>
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    <link:label id="lab_us-gaap_LettersOfCreditOutstandingAmount_881437B978AF2CF1E16B37AAEC95ECC0_verboseLabel_en-US" xlink:label="lab_us-gaap_LettersOfCreditOutstandingAmount_881437B978AF2CF1E16B37AAEC95ECC0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Outstanding letter of credit</link:label>
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    <link:loc xlink:href="tol-20140731.xsd#tol_FundingCommitments" xlink:label="loc_tol_FundingCommitments_176D1F4D26A87724AA8237AAEC964A1C" xlink:type="locator" />
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    <link:label id="lab_tol_PurchaseCommitmentsToAcquireLandForApartmentDevelopment_8B7621CB41E23676244237AAEC96B3D5_terseLabel_en-US" xlink:label="lab_tol_PurchaseCommitmentsToAcquireLandForApartmentDevelopment_8B7621CB41E23676244237AAEC96B3D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase commitments to acquire land for apartment development</link:label>
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    <link:loc xlink:href="tol-20140731.xsd#tol_PurchaseCommitmentsToAcquireLandForApartmentDevelopment" xlink:label="loc_tol_PurchaseCommitmentsToAcquireLandForApartmentDevelopment_8B7621CB41E23676244237AAEC96B3D5" xlink:type="locator" />
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