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    <link:label id="lab_tol_SuretyBondOtherObligationsMember_EE49AF12E7FEA76A60DC061E2398F006_documentation_en-US" xlink:label="lab_tol_SuretyBondOtherObligationsMember_EE49AF12E7FEA76A60DC061E2398F006" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">An obligation arising from a three-party agreement related to other unspecified obligations that legally binds together a principal who needs the bond, an obligee who requires the bond and a surety company that sells the bond.</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsAbstract" xlink:label="loc_us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsAbstract_29EAE409FC2670911478061E20EAECBA" xlink:type="locator" />
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    <link:label id="lab_tol_CommitmentToAdvanceOrInvestInAffiliatesSubsidiariesAndJointVentureMember_D6FE422ECC141D8BE49B061E20FA5D95_terseLabel_en-US" xlink:label="lab_tol_CommitmentToAdvanceOrInvestInAffiliatesSubsidiariesAndJointVentureMember_D6FE422ECC141D8BE49B061E20FA5D95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member]</link:label>
    <link:label id="lab_tol_CommitmentToAdvanceOrInvestInAffiliatesSubsidiariesAndJointVentureMember_D6FE422ECC141D8BE49B061E20FA5D95_label_en-US" xlink:label="lab_tol_CommitmentToAdvanceOrInvestInAffiliatesSubsidiariesAndJointVentureMember_D6FE422ECC141D8BE49B061E20FA5D95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member]</link:label>
    <link:label id="lab_tol_CommitmentToAdvanceOrInvestInAffiliatesSubsidiariesAndJointVentureMember_D6FE422ECC141D8BE49B061E20FA5D95_documentation_en-US" xlink:label="lab_tol_CommitmentToAdvanceOrInvestInAffiliatesSubsidiariesAndJointVentureMember_D6FE422ECC141D8BE49B061E20FA5D95" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitment to invest or advance funds to unconsolidated entities if they require additional funding.</link:label>
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    <link:label id="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_A1EB55FBE4E4DF33A253061E20FAF514_terseLabel_en-US" xlink:label="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_A1EB55FBE4E4DF33A253061E20FAF514" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
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    <link:label id="lab_tol_LandDevelopmentJointVentureMember_AF224E5F18349C7544E0061E20FB7B19_terseLabel_en-US" xlink:label="lab_tol_LandDevelopmentJointVentureMember_AF224E5F18349C7544E0061E20FB7B19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land Development Joint Ventures [Member]</link:label>
    <link:label id="lab_tol_LandDevelopmentJointVentureMember_AF224E5F18349C7544E0061E20FB7B19_label_en-US" xlink:label="lab_tol_LandDevelopmentJointVentureMember_AF224E5F18349C7544E0061E20FB7B19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land Development Joint Venture [Member]</link:label>
    <link:label id="lab_tol_LandDevelopmentJointVentureMember_AF224E5F18349C7544E0061E20FB7B19_documentation_en-US" xlink:label="lab_tol_LandDevelopmentJointVentureMember_AF224E5F18349C7544E0061E20FB7B19" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Joint ventures to develop land including a) joint ventures to develop land for the sole use of the venture participants, and b) joint ventures to develop land for the use of venture participants and other unrelated builders.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_LandDevelopmentJointVentureMember" xlink:label="loc_tol_LandDevelopmentJointVentureMember_AF224E5F18349C7544E0061E20FB7B19" xlink:type="locator" />
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    <link:label id="lab_tol_HomeBuildingJointVenturesTotalMember_6F18984E5B5C2F6FF761061E20FC4B0C_terseLabel_en-US" xlink:label="lab_tol_HomeBuildingJointVenturesTotalMember_6F18984E5B5C2F6FF761061E20FC4B0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Home Building Joint Ventures, Total [Member]</link:label>
    <link:label id="lab_tol_HomeBuildingJointVenturesTotalMember_6F18984E5B5C2F6FF761061E20FC4B0C_label_en-US" xlink:label="lab_tol_HomeBuildingJointVenturesTotalMember_6F18984E5B5C2F6FF761061E20FC4B0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Home Building Joint Ventures, Total [Member]</link:label>
    <link:label id="lab_tol_HomeBuildingJointVenturesTotalMember_6F18984E5B5C2F6FF761061E20FC4B0C_documentation_en-US" xlink:label="lab_tol_HomeBuildingJointVenturesTotalMember_6F18984E5B5C2F6FF761061E20FC4B0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The Company's investments in and advances to various joint ventures with unrelated parties to develop luxury for-sale homes.</link:label>
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    <link:label id="lab_tol_RentalJointVenturesincludingTrustsiandIIMember_0AF40C7F6D31ACBA61CB061E20FC914E_terseLabel_en-US" xlink:label="lab_tol_RentalJointVenturesincludingTrustsiandIIMember_0AF40C7F6D31ACBA61CB061E20FC914E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental Joint Ventures, including the Trust [Member]</link:label>
    <link:label id="lab_tol_RentalJointVenturesincludingTrustsiandIIMember_0AF40C7F6D31ACBA61CB061E20FC914E_label_en-US" xlink:label="lab_tol_RentalJointVenturesincludingTrustsiandIIMember_0AF40C7F6D31ACBA61CB061E20FC914E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental Joint Ventures, including Trusts i and II [Member]</link:label>
    <link:label id="lab_tol_RentalJointVenturesincludingTrustsiandIIMember_0AF40C7F6D31ACBA61CB061E20FC914E_documentation_en-US" xlink:label="lab_tol_RentalJointVenturesincludingTrustsiandIIMember_0AF40C7F6D31ACBA61CB061E20FC914E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rental Joint Ventures, including Trusts i and II [Member]</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_RentalJointVenturesincludingTrustsiandIIMember" xlink:label="loc_tol_RentalJointVenturesincludingTrustsiandIIMember_0AF40C7F6D31ACBA61CB061E20FC914E" xlink:type="locator" />
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    <link:label id="lab_tol_GibraltarJointVenturesMember_F60F010954D67B8AE179061E20FC00AF_terseLabel_en-US" xlink:label="lab_tol_GibraltarJointVenturesMember_F60F010954D67B8AE179061E20FC00AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gibraltar Joint Ventures [Member]</link:label>
    <link:label id="lab_tol_GibraltarJointVenturesMember_F60F010954D67B8AE179061E20FC00AF_label_en-US" xlink:label="lab_tol_GibraltarJointVenturesMember_F60F010954D67B8AE179061E20FC00AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gibraltar Joint Ventures [Member]</link:label>
    <link:label id="lab_tol_GibraltarJointVenturesMember_F60F010954D67B8AE179061E20FC00AF_documentation_en-US" xlink:label="lab_tol_GibraltarJointVenturesMember_F60F010954D67B8AE179061E20FC00AF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Joint ventures established to invest in distressed loans and real estate and provide financing to residential builders and developers for the acquisition and development of land and home sites.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_GibraltarJointVenturesMember" xlink:label="loc_tol_GibraltarJointVenturesMember_F60F010954D67B8AE179061E20FC00AF" xlink:type="locator" />
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    <link:label id="lab_tol_NumberofJointVentures_702A40CC3BC331CF71CF061E20FF659F_terseLabel_en-US" xlink:label="lab_tol_NumberofJointVentures_702A40CC3BC331CF71CF061E20FF659F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of Joint Ventures</link:label>
    <link:label id="lab_tol_NumberofJointVentures_702A40CC3BC331CF71CF061E20FF659F_label_en-US" xlink:label="lab_tol_NumberofJointVentures_702A40CC3BC331CF71CF061E20FF659F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Joint Ventures</link:label>
    <link:label id="lab_tol_NumberofJointVentures_702A40CC3BC331CF71CF061E20FF659F_documentation_en-US" xlink:label="lab_tol_NumberofJointVentures_702A40CC3BC331CF71CF061E20FF659F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of unconsolidated joint ventures, in which the Company has an interest.</link:label>
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    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationDebt_55958DFCFD087A1D01CD061E22D2A79F_verboseLabel_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationDebt_55958DFCFD087A1D01CD061E22D2A79F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Debt</link:label>
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    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationDebt_55958DFCFD087A1D01CD061E22D2A79F_documentation_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationDebt_55958DFCFD087A1D01CD061E22D2A79F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity method investment summarized financial information debt.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_EquityMethodInvestmentSummarizedFinancialInformationDebt" xlink:label="loc_tol_EquityMethodInvestmentSummarizedFinancialInformationDebt_55958DFCFD087A1D01CD061E22D2A79F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_EquityMethodInvestmentSummarizedFinancialInformationDebt_55958DFCFD087A1D01CD061E22D2A79F" xlink:to="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationDebt_55958DFCFD087A1D01CD061E22D2A79F" xlink:type="arc" />
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_A7F41B561EB22CBF0BE6061E22D2AE85_verboseLabel_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_A7F41B561EB22CBF0BE6061E22D2AE85" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_A7F41B561EB22CBF0BE6061E22D2AE85_label_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_A7F41B561EB22CBF0BE6061E22D2AE85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment Summarized Financial Information Other Liabilities</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_A7F41B561EB22CBF0BE6061E22D2AE85_documentation_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_A7F41B561EB22CBF0BE6061E22D2AE85" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity method investment summarized financial information other liabilities.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities" xlink:label="loc_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_A7F41B561EB22CBF0BE6061E22D2AE85" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital_DD4918F1CA6B1CE0E0FA061E22D3286C_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital_DD4918F1CA6B1CE0E0FA061E22D3286C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Member's equity</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital_DD4918F1CA6B1CE0E0FA061E22D3286C_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital_DD4918F1CA6B1CE0E0FA061E22D3286C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Equity Excluding Noncontrolling Interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital_DD4918F1CA6B1CE0E0FA061E22D3286C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital_DD4918F1CA6B1CE0E0FA061E22D3286C" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital_DD4918F1CA6B1CE0E0FA061E22D3286C" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_4743702B13FA2D4E3DAF061E22D30898_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_4743702B13FA2D4E3DAF061E22D30898" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling interest</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_4743702B13FA2D4E3DAF061E22D30898_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_4743702B13FA2D4E3DAF061E22D30898" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_4743702B13FA2D4E3DAF061E22D30898" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_4743702B13FA2D4E3DAF061E22D30898" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_4743702B13FA2D4E3DAF061E22D30898" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_6D47DFCBA6E74E4C708C061E22D30689_totalLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_6D47DFCBA6E74E4C708C061E22D30689" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities and equity</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_6D47DFCBA6E74E4C708C061E22D30689_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_6D47DFCBA6E74E4C708C061E22D30689" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Liabilities and Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_6D47DFCBA6E74E4C708C061E22D30689" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_6D47DFCBA6E74E4C708C061E22D30689" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_6D47DFCBA6E74E4C708C061E22D30689" xlink:type="arc" />
    <link:label id="lab_tol_ScheduleofinventoryTable_BD01ECF48A1880F2271B061E214092F8_terseLabel_en-US" xlink:label="lab_tol_ScheduleofinventoryTable_BD01ECF48A1880F2271B061E214092F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of inventory [Table]</link:label>
    <link:label id="lab_tol_ScheduleofinventoryTable_BD01ECF48A1880F2271B061E214092F8_label_en-US" xlink:label="lab_tol_ScheduleofinventoryTable_BD01ECF48A1880F2271B061E214092F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of inventory [Table]</link:label>
    <link:label id="lab_tol_ScheduleofinventoryTable_BD01ECF48A1880F2271B061E214092F8_documentation_en-US" xlink:label="lab_tol_ScheduleofinventoryTable_BD01ECF48A1880F2271B061E214092F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of information about inventory, some of which will not be sold within twelve months of the current period.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_ScheduleofinventoryTable" xlink:label="loc_tol_ScheduleofinventoryTable_BD01ECF48A1880F2271B061E214092F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_ScheduleofinventoryTable_BD01ECF48A1880F2271B061E214092F8" xlink:to="lab_tol_ScheduleofinventoryTable_BD01ECF48A1880F2271B061E214092F8" xlink:type="arc" />
    <link:label id="lab_us-gaap_PublicUtilitiesInventoryAxis_2C93FB0527F2ED8FE11E061E21413233_terseLabel_en-US" xlink:label="lab_us-gaap_PublicUtilitiesInventoryAxis_2C93FB0527F2ED8FE11E061E21413233" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventory [Axis]</link:label>
    <link:label id="lab_us-gaap_PublicUtilitiesInventoryAxis_2C93FB0527F2ED8FE11E061E21413233_label_en-US" xlink:label="lab_us-gaap_PublicUtilitiesInventoryAxis_2C93FB0527F2ED8FE11E061E21413233" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PublicUtilitiesInventoryAxis" xlink:label="loc_us-gaap_PublicUtilitiesInventoryAxis_2C93FB0527F2ED8FE11E061E21413233" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PublicUtilitiesInventoryAxis_2C93FB0527F2ED8FE11E061E21413233" xlink:to="lab_us-gaap_PublicUtilitiesInventoryAxis_2C93FB0527F2ED8FE11E061E21413233" xlink:type="arc" />
    <link:label id="lab_us-gaap_PublicUtilitiesInventoryTypeDomain_FC82441157C8F04A6A2C061E2141CC26_terseLabel_en-US" xlink:label="lab_us-gaap_PublicUtilitiesInventoryTypeDomain_FC82441157C8F04A6A2C061E2141CC26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventory [Domain]</link:label>
    <link:label id="lab_us-gaap_PublicUtilitiesInventoryTypeDomain_FC82441157C8F04A6A2C061E2141CC26_label_en-US" xlink:label="lab_us-gaap_PublicUtilitiesInventoryTypeDomain_FC82441157C8F04A6A2C061E2141CC26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PublicUtilitiesInventoryTypeDomain" xlink:label="loc_us-gaap_PublicUtilitiesInventoryTypeDomain_FC82441157C8F04A6A2C061E2141CC26" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PublicUtilitiesInventoryTypeDomain_FC82441157C8F04A6A2C061E2141CC26" xlink:to="lab_us-gaap_PublicUtilitiesInventoryTypeDomain_FC82441157C8F04A6A2C061E2141CC26" xlink:type="arc" />
    <link:label id="lab_tol_LandControlledForFutureCommunitiesMember_83D66D809BDBC0D9C0FF061E2142B6BB_terseLabel_en-US" xlink:label="lab_tol_LandControlledForFutureCommunitiesMember_83D66D809BDBC0D9C0FF061E2142B6BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land controlled for future communities [Member]</link:label>
    <link:label id="lab_tol_LandControlledForFutureCommunitiesMember_83D66D809BDBC0D9C0FF061E2142B6BB_label_en-US" xlink:label="lab_tol_LandControlledForFutureCommunitiesMember_83D66D809BDBC0D9C0FF061E2142B6BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land controlled for future communities [Member]</link:label>
    <link:label id="lab_tol_LandControlledForFutureCommunitiesMember_83D66D809BDBC0D9C0FF061E2142B6BB_documentation_en-US" xlink:label="lab_tol_LandControlledForFutureCommunitiesMember_83D66D809BDBC0D9C0FF061E2142B6BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Land controlled for future communities.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_LandControlledForFutureCommunitiesMember" xlink:label="loc_tol_LandControlledForFutureCommunitiesMember_83D66D809BDBC0D9C0FF061E2142B6BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_LandControlledForFutureCommunitiesMember_83D66D809BDBC0D9C0FF061E2142B6BB" xlink:to="lab_tol_LandControlledForFutureCommunitiesMember_83D66D809BDBC0D9C0FF061E2142B6BB" xlink:type="arc" />
    <link:label id="lab_tol_LandOwnedforFutureCommunitiesMember_BC5736F252E8A888ED18061E21427F1F_terseLabel_en-US" xlink:label="lab_tol_LandOwnedforFutureCommunitiesMember_BC5736F252E8A888ED18061E21427F1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land Owned for Future Communities [Member]</link:label>
    <link:label id="lab_tol_LandOwnedforFutureCommunitiesMember_BC5736F252E8A888ED18061E21427F1F_label_en-US" xlink:label="lab_tol_LandOwnedforFutureCommunitiesMember_BC5736F252E8A888ED18061E21427F1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land Owned for Future Communities [Member]</link:label>
    <link:label id="lab_tol_LandOwnedforFutureCommunitiesMember_BC5736F252E8A888ED18061E21427F1F_documentation_en-US" xlink:label="lab_tol_LandOwnedforFutureCommunitiesMember_BC5736F252E8A888ED18061E21427F1F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Land owned for future communities include communities that were previously offering homes for sale but are temporarily closed due to business conditions that do not have any remaining backlog and are not expected to reopen within twelve months of the current period.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_LandOwnedforFutureCommunitiesMember" xlink:label="loc_tol_LandOwnedforFutureCommunitiesMember_BC5736F252E8A888ED18061E21427F1F" xlink:type="locator" />
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    <link:label id="lab_tol_OperatingcommunitiesMember_AD14101AEED6A99595B9061E2143B074_terseLabel_en-US" xlink:label="lab_tol_OperatingcommunitiesMember_AD14101AEED6A99595B9061E2143B074" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating communities [Member]</link:label>
    <link:label id="lab_tol_OperatingcommunitiesMember_AD14101AEED6A99595B9061E2143B074_label_en-US" xlink:label="lab_tol_OperatingcommunitiesMember_AD14101AEED6A99595B9061E2143B074" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating communities [Member]</link:label>
    <link:label id="lab_tol_OperatingcommunitiesMember_AD14101AEED6A99595B9061E2143B074_documentation_en-US" xlink:label="lab_tol_OperatingcommunitiesMember_AD14101AEED6A99595B9061E2143B074" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating communities include communities offering homes for sale; communities that have sold all available home sites but have not completed delivery of the homes; communities that were previously offering homes for sale but are temporarily closed due to business conditions or non-availability of improved home sites and that are expected to reopen within twelve months of the current period.</link:label>
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    <link:label id="lab_tol_ScheduleofinventoryLineItems_157B277CB3658BABAD38061E21436977_terseLabel_en-US" xlink:label="lab_tol_ScheduleofinventoryLineItems_157B277CB3658BABAD38061E21436977" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of inventory [Line Items]</link:label>
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    <link:label id="lab_tol_ScheduleofinventoryLineItems_157B277CB3658BABAD38061E21436977_documentation_en-US" xlink:label="lab_tol_ScheduleofinventoryLineItems_157B277CB3658BABAD38061E21436977" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Some of which will not be sold within twelve months of the current period.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_ScheduleofinventoryLineItems" xlink:label="loc_tol_ScheduleofinventoryLineItems_157B277CB3658BABAD38061E21436977" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InventoryWriteDown_3CECE841895C59BE3947061E2143F59D_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryWriteDown_3CECE841895C59BE3947061E2143F59D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventory Write-down</link:label>
    <link:label id="lab_us-gaap_InventoryWriteDown_3CECE841895C59BE3947061E2143F59D_label_en-US" xlink:label="lab_us-gaap_InventoryWriteDown_3CECE841895C59BE3947061E2143F59D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory Write-down</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InventoryWriteDown" xlink:label="loc_us-gaap_InventoryWriteDown_3CECE841895C59BE3947061E2143F59D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RealEstateInventoryCapitalizedInterestCostsIncurred_8925AA171480F87FE32F061E21E92E4D_label_en-US" xlink:label="lab_us-gaap_RealEstateInventoryCapitalizedInterestCostsIncurred_8925AA171480F87FE32F061E21E92E4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Inventory, Capitalized Interest Costs Incurred</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RealEstateInventoryCapitalizedInterestCostsIncurred" xlink:label="loc_us-gaap_RealEstateInventoryCapitalizedInterestCostsIncurred_8925AA171480F87FE32F061E21E92E4D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInventoryCapitalizedInterestCostsIncurred_8925AA171480F87FE32F061E21E92E4D" xlink:to="lab_us-gaap_RealEstateInventoryCapitalizedInterestCostsIncurred_8925AA171480F87FE32F061E21E92E4D" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateInventoryCapitalizedInterestCostsCostOfSales1_325F77A58FE2DC736F5A061E21EA0B3A_negatedLabel_en-US" xlink:label="lab_us-gaap_RealEstateInventoryCapitalizedInterestCostsCostOfSales1_325F77A58FE2DC736F5A061E21EA0B3A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest expensed to cost of revenues</link:label>
    <link:label id="lab_us-gaap_RealEstateInventoryCapitalizedInterestCostsCostOfSales1_325F77A58FE2DC736F5A061E21EA0B3A_label_en-US" xlink:label="lab_us-gaap_RealEstateInventoryCapitalizedInterestCostsCostOfSales1_325F77A58FE2DC736F5A061E21EA0B3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Inventory, Capitalized Interest Costs, Cost of Sales</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RealEstateInventoryCapitalizedInterestCostsCostOfSales1" xlink:label="loc_us-gaap_RealEstateInventoryCapitalizedInterestCostsCostOfSales1_325F77A58FE2DC736F5A061E21EA0B3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInventoryCapitalizedInterestCostsCostOfSales1_325F77A58FE2DC736F5A061E21EA0B3A" xlink:to="lab_us-gaap_RealEstateInventoryCapitalizedInterestCostsCostOfSales1_325F77A58FE2DC736F5A061E21EA0B3A" xlink:type="arc" />
    <link:label id="lab_tol_RealEstateInventoryCapitalizedInterestOtherIncome_066C24B75464C3D651C0061E21EB42B2_negatedTerseLabel_en-US" xlink:label="lab_tol_RealEstateInventoryCapitalizedInterestOtherIncome_066C24B75464C3D651C0061E21EB42B2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest expensed in other income</link:label>
    <link:label id="lab_tol_RealEstateInventoryCapitalizedInterestOtherIncome_066C24B75464C3D651C0061E21EB42B2_label_en-US" xlink:label="lab_tol_RealEstateInventoryCapitalizedInterestOtherIncome_066C24B75464C3D651C0061E21EB42B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Inventory Capitalized Interest Other Income</link:label>
    <link:label id="lab_tol_RealEstateInventoryCapitalizedInterestOtherIncome_066C24B75464C3D651C0061E21EB42B2_documentation_en-US" xlink:label="lab_tol_RealEstateInventoryCapitalizedInterestOtherIncome_066C24B75464C3D651C0061E21EB42B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of interest costs that had been capitalized to inventory which were charged to other income during the period.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_RealEstateInventoryCapitalizedInterestOtherIncome" xlink:label="loc_tol_RealEstateInventoryCapitalizedInterestOtherIncome_066C24B75464C3D651C0061E21EB42B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_RealEstateInventoryCapitalizedInterestOtherIncome_066C24B75464C3D651C0061E21EB42B2" xlink:to="lab_tol_RealEstateInventoryCapitalizedInterestOtherIncome_066C24B75464C3D651C0061E21EB42B2" xlink:type="arc" />
    <link:label id="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntities_3E5B8423F56555E8F6DB061E21EC4678_terseLabel_en-US" xlink:label="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntities_3E5B8423F56555E8F6DB061E21EC4678" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest capitalized on investments in unconsolidated entities</link:label>
    <link:label id="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntities_3E5B8423F56555E8F6DB061E21EC4678_label_en-US" xlink:label="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntities_3E5B8423F56555E8F6DB061E21EC4678" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Inventory Capitalized Interest Unconsolidated Entities</link:label>
    <link:label id="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntities_3E5B8423F56555E8F6DB061E21EC4678_documentation_en-US" xlink:label="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntities_3E5B8423F56555E8F6DB061E21EC4678" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of interest costs that had been capitalized to inventory which were not included in the consolidated total as they related to unconsolidated entities.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntities" xlink:label="loc_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntities_3E5B8423F56555E8F6DB061E21EC4678" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntities_3E5B8423F56555E8F6DB061E21EC4678" xlink:to="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntities_3E5B8423F56555E8F6DB061E21EC4678" xlink:type="arc" />
    <link:label id="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory_6169379EF04630A3B0C7061E21ECB507_terseLabel_en-US" xlink:label="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory_6169379EF04630A3B0C7061E21ECB507" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Previously capitalized interest on investments in unconsolidated entities transferred to inventory</link:label>
    <link:label id="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory_6169379EF04630A3B0C7061E21ECB507_label_en-US" xlink:label="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory_6169379EF04630A3B0C7061E21ECB507" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Inventory Capitalized Interest Unconsolidated Entities Transfer to Inventory</link:label>
    <link:label id="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory_6169379EF04630A3B0C7061E21ECB507_documentation_en-US" xlink:label="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory_6169379EF04630A3B0C7061E21ECB507" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of interest costs that had been capitalized by unconsolidated entities and transferred to inventory during the period.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory" xlink:label="loc_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory_6169379EF04630A3B0C7061E21ECB507" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory_6169379EF04630A3B0C7061E21ECB507" xlink:to="lab_tol_RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory_6169379EF04630A3B0C7061E21ECB507" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateInventoryCapitalizedInterestCosts_FFF1AF08D359FE45EC71061E21EC9689_periodEndLabel_en-US" xlink:label="lab_us-gaap_RealEstateInventoryCapitalizedInterestCosts_FFF1AF08D359FE45EC71061E21EC9689" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Interest capitalized, end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RealEstateInventoryCapitalizedInterestCosts" xlink:label="loc_us-gaap_RealEstateInventoryCapitalizedInterestCosts_FFF1AF08D359FE45EC71061E21EC9689" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInventoryCapitalizedInterestCosts_FFF1AF08D359FE45EC71061E21EC9689" xlink:to="lab_us-gaap_RealEstateInventoryCapitalizedInterestCosts_FFF1AF08D359FE45EC71061E21EC9689" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermPurchaseCommitmentTable_682F130283A896835A14061E2286AA9D_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermPurchaseCommitmentTable_682F130283A896835A14061E2286AA9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Purchase Commitment [Table]</link:label>
    <link:label id="lab_us-gaap_LongTermPurchaseCommitmentTable_682F130283A896835A14061E2286AA9D_label_en-US" xlink:label="lab_us-gaap_LongTermPurchaseCommitmentTable_682F130283A896835A14061E2286AA9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Purchase Commitment [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LongTermPurchaseCommitmentTable" xlink:label="loc_us-gaap_LongTermPurchaseCommitmentTable_682F130283A896835A14061E2286AA9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermPurchaseCommitmentTable_682F130283A896835A14061E2286AA9D" xlink:to="lab_us-gaap_LongTermPurchaseCommitmentTable_682F130283A896835A14061E2286AA9D" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis_F822D95F8EC9AEF79A29061E22880EC2_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis_F822D95F8EC9AEF79A29061E22880EC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrecorded Unconditional Purchase Obligation by Category of Item Purchased [Axis]</link:label>
    <link:label id="lab_us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis_F822D95F8EC9AEF79A29061E22880EC2_label_en-US" xlink:label="lab_us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis_F822D95F8EC9AEF79A29061E22880EC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecorded Unconditional Purchase Obligation by Category of Item Purchased [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis" xlink:label="loc_us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis_F822D95F8EC9AEF79A29061E22880EC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis_F822D95F8EC9AEF79A29061E22880EC2" xlink:to="lab_us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis_F822D95F8EC9AEF79A29061E22880EC2" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnconditionalPurchaseObligationCategoryOfGoodsOrServicesAcquiredDomain_069E0D7018BCC0312A66061E2288E6F9_terseLabel_en-US" xlink:label="lab_us-gaap_UnconditionalPurchaseObligationCategoryOfGoodsOrServicesAcquiredDomain_069E0D7018BCC0312A66061E2288E6F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unconditional Purchase Obligation, Category of Goods or Services Acquired [Domain]</link:label>
    <link:label id="lab_us-gaap_UnconditionalPurchaseObligationCategoryOfGoodsOrServicesAcquiredDomain_069E0D7018BCC0312A66061E2288E6F9_label_en-US" xlink:label="lab_us-gaap_UnconditionalPurchaseObligationCategoryOfGoodsOrServicesAcquiredDomain_069E0D7018BCC0312A66061E2288E6F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unconditional Purchase Obligation, Category of Goods or Services Acquired [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_UnconditionalPurchaseObligationCategoryOfGoodsOrServicesAcquiredDomain" xlink:label="loc_us-gaap_UnconditionalPurchaseObligationCategoryOfGoodsOrServicesAcquiredDomain_069E0D7018BCC0312A66061E2288E6F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnconditionalPurchaseObligationCategoryOfGoodsOrServicesAcquiredDomain_069E0D7018BCC0312A66061E2288E6F9" xlink:to="lab_us-gaap_UnconditionalPurchaseObligationCategoryOfGoodsOrServicesAcquiredDomain_069E0D7018BCC0312A66061E2288E6F9" xlink:type="arc" />
    <link:label id="lab_tol_CommitmentToAcquireHomeSitesMember_58B52A5116DCA1682318061E2289539F_terseLabel_en-US" xlink:label="lab_tol_CommitmentToAcquireHomeSitesMember_58B52A5116DCA1682318061E2289539F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitment To Acquire Home Sites [Member]</link:label>
    <link:label id="lab_tol_CommitmentToAcquireHomeSitesMember_58B52A5116DCA1682318061E2289539F_label_en-US" xlink:label="lab_tol_CommitmentToAcquireHomeSitesMember_58B52A5116DCA1682318061E2289539F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitment To Acquire Home Sites [Member]</link:label>
    <link:label id="lab_tol_CommitmentToAcquireHomeSitesMember_58B52A5116DCA1682318061E2289539F_documentation_en-US" xlink:label="lab_tol_CommitmentToAcquireHomeSitesMember_58B52A5116DCA1682318061E2289539F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitment To acquire home sites.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_CommitmentToAcquireHomeSitesMember" xlink:label="loc_tol_CommitmentToAcquireHomeSitesMember_58B52A5116DCA1682318061E2289539F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_CommitmentToAcquireHomeSitesMember_58B52A5116DCA1682318061E2289539F" xlink:to="lab_tol_CommitmentToAcquireHomeSitesMember_58B52A5116DCA1682318061E2289539F" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermPurchaseCommitmentByCategoryOfItemPurchasedAxis_81EAED4BE8B50888A3E0061E228ACA31_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermPurchaseCommitmentByCategoryOfItemPurchasedAxis_81EAED4BE8B50888A3E0061E228ACA31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Category of Item Purchased [Axis]</link:label>
    <link:label id="lab_us-gaap_LongTermPurchaseCommitmentByCategoryOfItemPurchasedAxis_81EAED4BE8B50888A3E0061E228ACA31_label_en-US" xlink:label="lab_us-gaap_LongTermPurchaseCommitmentByCategoryOfItemPurchasedAxis_81EAED4BE8B50888A3E0061E228ACA31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Category of Item Purchased [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LongTermPurchaseCommitmentByCategoryOfItemPurchasedAxis" xlink:label="loc_us-gaap_LongTermPurchaseCommitmentByCategoryOfItemPurchasedAxis_81EAED4BE8B50888A3E0061E228ACA31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermPurchaseCommitmentByCategoryOfItemPurchasedAxis_81EAED4BE8B50888A3E0061E228ACA31" xlink:to="lab_us-gaap_LongTermPurchaseCommitmentByCategoryOfItemPurchasedAxis_81EAED4BE8B50888A3E0061E228ACA31" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermPurchaseCommitmentCategoryOfItemPurchasedDomain_D99F2E36E5E0EF6B2F58061E228B5887_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermPurchaseCommitmentCategoryOfItemPurchasedDomain_D99F2E36E5E0EF6B2F58061E228B5887" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Purchase Commitment, Category of Item Purchased [Domain]</link:label>
    <link:label id="lab_us-gaap_LongTermPurchaseCommitmentCategoryOfItemPurchasedDomain_D99F2E36E5E0EF6B2F58061E228B5887_label_en-US" xlink:label="lab_us-gaap_LongTermPurchaseCommitmentCategoryOfItemPurchasedDomain_D99F2E36E5E0EF6B2F58061E228B5887" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Purchase Commitment, Category of Item Purchased [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LongTermPurchaseCommitmentCategoryOfItemPurchasedDomain" xlink:label="loc_us-gaap_LongTermPurchaseCommitmentCategoryOfItemPurchasedDomain_D99F2E36E5E0EF6B2F58061E228B5887" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermPurchaseCommitmentCategoryOfItemPurchasedDomain_D99F2E36E5E0EF6B2F58061E228B5887" xlink:to="lab_us-gaap_LongTermPurchaseCommitmentCategoryOfItemPurchasedDomain_D99F2E36E5E0EF6B2F58061E228B5887" xlink:type="arc" />
    <link:label id="lab_tol_LandforApartmentDevelopmentPurchaseCommitmentMember_885E7A9EBCB02504197E061E228D77F4_terseLabel_en-US" xlink:label="lab_tol_LandforApartmentDevelopmentPurchaseCommitmentMember_885E7A9EBCB02504197E061E228D77F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land for Apartment Development Purchase Commitment [Member]</link:label>
    <link:label id="lab_tol_LandforApartmentDevelopmentPurchaseCommitmentMember_885E7A9EBCB02504197E061E228D77F4_label_en-US" xlink:label="lab_tol_LandforApartmentDevelopmentPurchaseCommitmentMember_885E7A9EBCB02504197E061E228D77F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land for Apartment Development Purchase Commitment [Member]</link:label>
    <link:label id="lab_tol_LandforApartmentDevelopmentPurchaseCommitmentMember_885E7A9EBCB02504197E061E228D77F4_documentation_en-US" xlink:label="lab_tol_LandforApartmentDevelopmentPurchaseCommitmentMember_885E7A9EBCB02504197E061E228D77F4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitment to acquire land for apartment developments, which are nonbinding.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_LandforApartmentDevelopmentPurchaseCommitmentMember" xlink:label="loc_tol_LandforApartmentDevelopmentPurchaseCommitmentMember_885E7A9EBCB02504197E061E228D77F4" xlink:type="locator" />
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    <link:label id="lab_tol_NonInterestRateLockCommitmentsMemberMember_E833B3ACD2B2871A5619061E2176B9DA_terseLabel_en-US" xlink:label="lab_tol_NonInterestRateLockCommitmentsMemberMember_E833B3ACD2B2871A5619061E2176B9DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non Interest Rate Lock Commitments [Member]</link:label>
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    <link:label id="lab_tol_NonInterestRateLockCommitmentsMemberMember_E833B3ACD2B2871A5619061E2176B9DA_documentation_en-US" xlink:label="lab_tol_NonInterestRateLockCommitmentsMemberMember_E833B3ACD2B2871A5619061E2176B9DA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments to extend credit where the interest rate is not locked in advance of funds being disbursed.</link:label>
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    <link:label id="lab_us-gaap_MortgageReceivablesMember_EE0B75147BB8A6412529061E2176498A_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageReceivablesMember_EE0B75147BB8A6412529061E2176498A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Receivable [Member]</link:label>
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    <link:label id="lab_tol_ApartmentlivingMember_558436F5C6939EC24DC101C3F3284906_documentation_en-US" xlink:label="lab_tol_ApartmentlivingMember_558436F5C6939EC24DC101C3F3284906" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Apartment Living, a wholly owned subsidiary of the reporting entity</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_C0765C8ACF54CDF8A985061E2310A5A8_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_C0765C8ACF54CDF8A985061E2310A5A8" 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>
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    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_FCC52A78FC9835CEAA4E061E23101E57_verboseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_FCC52A78FC9835CEAA4E061E23101E57" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Ownership Percentage by Parent</link:label>
    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_FCC52A78FC9835CEAA4E061E23101E57_label_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_FCC52A78FC9835CEAA4E061E23101E57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Ownership Percentage by Parent</link:label>
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    <link:label id="lab_tol_MaximumPermissibleLeverageRatio_7B010313061C2D279FE1061E23112364_terseLabel_en-US" xlink:label="lab_tol_MaximumPermissibleLeverageRatio_7B010313061C2D279FE1061E23112364" 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_7B010313061C2D279FE1061E23112364_label_en-US" xlink:label="lab_tol_MaximumPermissibleLeverageRatio_7B010313061C2D279FE1061E23112364" 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_7B010313061C2D279FE1061E23112364_documentation_en-US" xlink:label="lab_tol_MaximumPermissibleLeverageRatio_7B010313061C2D279FE1061E23112364" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The maximum leverage ratio (as defined) to maintain compliance with the line of credit.</link:label>
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    <link:label id="lab_us-gaap_MinimumNetWorthRequiredForCompliance_F1C87D41F99BB1F62E1A061E23118C75_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumNetWorthRequiredForCompliance_F1C87D41F99BB1F62E1A061E23118C75" 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_F1C87D41F99BB1F62E1A061E23118C75_label_en-US" xlink:label="lab_us-gaap_MinimumNetWorthRequiredForCompliance_F1C87D41F99BB1F62E1A061E23118C75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Net Worth Required for Compliance</link:label>
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    <link:label id="lab_tol_ExistingLeverageRatio_1C301759D2B26E7309D2061E23111C27_terseLabel_en-US" xlink:label="lab_tol_ExistingLeverageRatio_1C301759D2B26E7309D2061E23111C27" 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_1C301759D2B26E7309D2061E23111C27_label_en-US" xlink:label="lab_tol_ExistingLeverageRatio_1C301759D2B26E7309D2061E23111C27" 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_1C301759D2B26E7309D2061E23111C27_documentation_en-US" xlink:label="lab_tol_ExistingLeverageRatio_1C301759D2B26E7309D2061E23111C27" 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>
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    <link:label id="lab_tol_TangibleNetWorth_FD9A995D386662D648C1061E2312D297_terseLabel_en-US" xlink:label="lab_tol_TangibleNetWorth_FD9A995D386662D648C1061E2312D297" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tangible Net Worth</link:label>
    <link:label id="lab_tol_TangibleNetWorth_FD9A995D386662D648C1061E2312D297_label_en-US" xlink:label="lab_tol_TangibleNetWorth_FD9A995D386662D648C1061E2312D297" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tangible Net Worth</link:label>
    <link:label id="lab_tol_TangibleNetWorth_FD9A995D386662D648C1061E2312D297_documentation_en-US" xlink:label="lab_tol_TangibleNetWorth_FD9A995D386662D648C1061E2312D297" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tangible net worth, as defined by the debt instrument.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_TangibleNetWorth" xlink:label="loc_tol_TangibleNetWorth_FD9A995D386662D648C1061E2312D297" xlink:type="locator" />
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    <link:label id="lab_tol_Abilitytorepurchasecommonstock_41E47A3F74B3E8F73EB0061E23126CD6_terseLabel_en-US" xlink:label="lab_tol_Abilitytorepurchasecommonstock_41E47A3F74B3E8F73EB0061E23126CD6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ability to repurchase common stock</link:label>
    <link:label id="lab_tol_Abilitytorepurchasecommonstock_41E47A3F74B3E8F73EB0061E23126CD6_label_en-US" xlink:label="lab_tol_Abilitytorepurchasecommonstock_41E47A3F74B3E8F73EB0061E23126CD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ability to repurchase common stock</link:label>
    <link:label id="lab_tol_Abilitytorepurchasecommonstock_41E47A3F74B3E8F73EB0061E23126CD6_documentation_en-US" xlink:label="lab_tol_Abilitytorepurchasecommonstock_41E47A3F74B3E8F73EB0061E23126CD6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Based upon the minimum tangible net worth requirement, as defined by the credit facility, the amount of the Company's ability to repurchase its common stock.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_Abilitytorepurchasecommonstock" xlink:label="loc_tol_Abilitytorepurchasecommonstock_41E47A3F74B3E8F73EB0061E23126CD6" xlink:type="locator" />
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    <link:label id="lab_tol_Abilitytopaydividends_8239662A24F1603C3DFC061E2313AEAF_terseLabel_en-US" xlink:label="lab_tol_Abilitytopaydividends_8239662A24F1603C3DFC061E2313AEAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ability to pay dividends</link:label>
    <link:label id="lab_tol_Abilitytopaydividends_8239662A24F1603C3DFC061E2313AEAF_label_en-US" xlink:label="lab_tol_Abilitytopaydividends_8239662A24F1603C3DFC061E2313AEAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ability to pay dividends</link:label>
    <link:label id="lab_tol_Abilitytopaydividends_8239662A24F1603C3DFC061E2313AEAF_documentation_en-US" xlink:label="lab_tol_Abilitytopaydividends_8239662A24F1603C3DFC061E2313AEAF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Based on the provision of the credit agreement, the amount of the Company's limit to pay dividends.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_Abilitytopaydividends" xlink:label="loc_tol_Abilitytopaydividends_8239662A24F1603C3DFC061E2313AEAF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrentAbstract_04D1DA7770D21DA808EE061E229D6F16_verboseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrentAbstract_04D1DA7770D21DA808EE061E229D6F16" 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_AccruedLiabilitiesCurrentAndNoncurrentAbstract_04D1DA7770D21DA808EE061E229D6F16_label_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrentAbstract_04D1DA7770D21DA808EE061E229D6F16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Liabilities [Abstract]</link:label>
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    <link:label id="lab_tol_LandLandDevelopmentAndConstructionRelatedLiabilitiesCurrentAndNoncurrent_9614C5C565682AFB01B4061E229EA4C3_verboseLabel_en-US" xlink:label="lab_tol_LandLandDevelopmentAndConstructionRelatedLiabilitiesCurrentAndNoncurrent_9614C5C565682AFB01B4061E229EA4C3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Land, land development and construction</link:label>
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    <link:label id="lab_tol_LandLandDevelopmentAndConstructionRelatedLiabilitiesCurrentAndNoncurrent_9614C5C565682AFB01B4061E229EA4C3_documentation_en-US" xlink:label="lab_tol_LandLandDevelopmentAndConstructionRelatedLiabilitiesCurrentAndNoncurrent_9614C5C565682AFB01B4061E229EA4C3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Land, land development and construction related liabilities current and noncurrent.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_LandLandDevelopmentAndConstructionRelatedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_tol_LandLandDevelopmentAndConstructionRelatedLiabilitiesCurrentAndNoncurrent_9614C5C565682AFB01B4061E229EA4C3" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2A3499ACAD9DD9512209061E229E3238_verboseLabel_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2A3499ACAD9DD9512209061E229E3238" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Compensation and employee benefits</link:label>
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2A3499ACAD9DD9512209061E229E3238_label_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2A3499ACAD9DD9512209061E229E3238" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee-related Liabilities</link:label>
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    <link:label id="lab_us-gaap_DepositLiabilityCurrent_2F4AF01E22065D53761C061E229E3123_terseLabel_en-US" xlink:label="lab_us-gaap_DepositLiabilityCurrent_2F4AF01E22065D53761C061E229E3123" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Escrow liability</link:label>
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    <link:label id="lab_tol_InsuranceAndLitigationLiabilitiesCurrentAndNoncurrent_9C13D9D251086C94DF98061E229E36BE_verboseLabel_en-US" xlink:label="lab_tol_InsuranceAndLitigationLiabilitiesCurrentAndNoncurrent_9C13D9D251086C94DF98061E229E36BE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Self-insurance</link:label>
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    <link:label id="lab_us-gaap_ProductWarrantyAccrual_98BE128BB930BB09F9ED061E229F1326_verboseLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrual_98BE128BB930BB09F9ED061E229F1326" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Warranty</link:label>
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    <link:label id="lab_tol_GuaranteesRepaymentandCarryCostMaximum_6E93B2787C0710E444B3061E280E979D_documentation_en-US" xlink:label="lab_tol_GuaranteesRepaymentandCarryCostMaximum_6E93B2787C0710E444B3061E280E979D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Guarantees, Repayment and Carry Cost, Maximum</link:label>
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    <link:label id="lab_us-gaap_GuaranteeObligationsTerm_073C147AFB399975BC92061E280FF1B1_terseLabel_en-US" xlink:label="lab_us-gaap_GuaranteeObligationsTerm_073C147AFB399975BC92061E280FF1B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guarantor Obligations, Term</link:label>
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    <link:label id="lab_us-gaap_GuaranteesFairValueDisclosure_681BEB7F2768E10793CA061E28100F8A_label_en-US" xlink:label="lab_us-gaap_GuaranteesFairValueDisclosure_681BEB7F2768E10793CA061E28100F8A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantees, Fair Value Disclosure</link:label>
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    <link:loc xlink:href="tol-20190731.xsd#tol_NumberOfEntitiesThatAreConsideredVariableInterestEntities" xlink:label="loc_tol_NumberOfEntitiesThatAreConsideredVariableInterestEntities_BECD741FF2FADF08724E061E2810E000" xlink:type="locator" />
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    <link:label id="lab_tol_TemporarilyClosedCommunitiesAbstract_78D7161ACE9741D99651061E22FB6CF1_verboseLabel_en-US" xlink:label="lab_tol_TemporarilyClosedCommunitiesAbstract_78D7161ACE9741D99651061E22FB6CF1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Temporarily Closed communities</link:label>
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    <link:loc xlink:href="tol-20190731.xsd#tol_TemporarilyClosedCommunitiesAbstract" xlink:label="loc_tol_TemporarilyClosedCommunitiesAbstract_78D7161ACE9741D99651061E22FB6CF1" xlink:type="locator" />
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    <link:loc xlink:href="tol-20190731.xsd#tol_IncomefromAncillaryBusinesses" xlink:label="loc_tol_IncomefromAncillaryBusinesses_8EA0BECDDA1BCCB0E714F519E8B8FA17" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerIncludingAssessedTax_BA92811B37192F79180FF519E8B84F93_verboseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerIncludingAssessedTax_BA92811B37192F79180FF519E8B84F93" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Management fee income from home building unconsolidated entities, net</link:label>
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    <link:label id="lab_tol_OtherMiscIncome_E791264E41BC588BD01AF519E8B88F3C_terseLabel_en-US" xlink:label="lab_tol_OtherMiscIncome_E791264E41BC588BD01AF519E8B88F3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_tol_OtherMiscIncome_E791264E41BC588BD01AF519E8B88F3C_label_en-US" xlink:label="lab_tol_OtherMiscIncome_E791264E41BC588BD01AF519E8B88F3C" 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_E791264E41BC588BD01AF519E8B88F3C_documentation_en-US" xlink:label="lab_tol_OtherMiscIncome_E791264E41BC588BD01AF519E8B88F3C" 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_E70006D30C11D7B6AC6FF519E8B86280_terseLabel_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncomeExpense_E70006D30C11D7B6AC6FF519E8B86280" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total other income - net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpense_E70006D30C11D7B6AC6FF519E8B86280" xlink:type="locator" />
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    <link:label id="lab_tol_NonoperatingIncomeExpenseFromNonCoreAncillaryBusinessesAbstract_ABC8BB0436F51F90718EF519E8B86925_verboseLabel_en-US" xlink:label="lab_tol_NonoperatingIncomeExpenseFromNonCoreAncillaryBusinessesAbstract_ABC8BB0436F51F90718EF519E8B86925" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Revenues and expenses of non-core ancillary businesses</link:label>
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    <link:label id="lab_tol_NonoperatingIncomeExpenseFromNonCoreAncillaryBusinessesAbstract_ABC8BB0436F51F90718EF519E8B86925_documentation_en-US" xlink:label="lab_tol_NonoperatingIncomeExpenseFromNonCoreAncillaryBusinessesAbstract_ABC8BB0436F51F90718EF519E8B86925" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nonoperating income expense from non core ancillary businesses.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_NonoperatingIncomeExpenseFromNonCoreAncillaryBusinessesAbstract" xlink:label="loc_tol_NonoperatingIncomeExpenseFromNonCoreAncillaryBusinessesAbstract_ABC8BB0436F51F90718EF519E8B86925" xlink:type="locator" />
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    <link:label id="lab_tol_RevenuefromAncillaryBusiness_102B45A4FD0FA4ED7A26F519E8B80B5F_terseLabel_en-US" xlink:label="lab_tol_RevenuefromAncillaryBusiness_102B45A4FD0FA4ED7A26F519E8B80B5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:label id="lab_tol_RevenuefromAncillaryBusiness_102B45A4FD0FA4ED7A26F519E8B80B5F_label_en-US" xlink:label="lab_tol_RevenuefromAncillaryBusiness_102B45A4FD0FA4ED7A26F519E8B80B5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Ancillary Business</link:label>
    <link:label id="lab_tol_RevenuefromAncillaryBusiness_102B45A4FD0FA4ED7A26F519E8B80B5F_documentation_en-US" xlink:label="lab_tol_RevenuefromAncillaryBusiness_102B45A4FD0FA4ED7A26F519E8B80B5F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue generated by the Company's non-core ancillary businesses.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_RevenuefromAncillaryBusiness" xlink:label="loc_tol_RevenuefromAncillaryBusiness_102B45A4FD0FA4ED7A26F519E8B80B5F" xlink:type="locator" />
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    <link:label id="lab_tol_ExpensesfromAncillaryBusinesses_FEE2AA0934E859231895F519E8B81177_terseLabel_en-US" xlink:label="lab_tol_ExpensesfromAncillaryBusinesses_FEE2AA0934E859231895F519E8B81177" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense</link:label>
    <link:label id="lab_tol_ExpensesfromAncillaryBusinesses_FEE2AA0934E859231895F519E8B81177_label_en-US" xlink:label="lab_tol_ExpensesfromAncillaryBusinesses_FEE2AA0934E859231895F519E8B81177" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expenses from Ancillary Businesses</link:label>
    <link:label id="lab_tol_ExpensesfromAncillaryBusinesses_FEE2AA0934E859231895F519E8B81177_documentation_en-US" xlink:label="lab_tol_ExpensesfromAncillaryBusinesses_FEE2AA0934E859231895F519E8B81177" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expenses generated by the Company's non-core ancillary businesses.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_ExpensesfromAncillaryBusinesses" xlink:label="loc_tol_ExpensesfromAncillaryBusinesses_FEE2AA0934E859231895F519E8B81177" xlink:type="locator" />
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    <link:label id="lab_tol_CommitmentsAndContingenciesTable_78756E29861480AAC32F061E227382D2_terseLabel_en-US" xlink:label="lab_tol_CommitmentsAndContingenciesTable_78756E29861480AAC32F061E227382D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies [Table]</link:label>
    <link:label id="lab_tol_CommitmentsAndContingenciesTable_78756E29861480AAC32F061E227382D2_label_en-US" xlink:label="lab_tol_CommitmentsAndContingenciesTable_78756E29861480AAC32F061E227382D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies [Table]</link:label>
    <link:label id="lab_tol_CommitmentsAndContingenciesTable_78756E29861480AAC32F061E227382D2_documentation_en-US" xlink:label="lab_tol_CommitmentsAndContingenciesTable_78756E29861480AAC32F061E227382D2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_CommitmentsAndContingenciesTable" xlink:label="loc_tol_CommitmentsAndContingenciesTable_78756E29861480AAC32F061E227382D2" xlink:type="locator" />
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    <link:label id="lab_tol_LandDevelopmentJointVentureIrvineCaliforniaMember_8821726C1606580BD270061E22744032_terseLabel_en-US" xlink:label="lab_tol_LandDevelopmentJointVentureIrvineCaliforniaMember_8821726C1606580BD270061E22744032" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land Development Joint Venture, Irvine, California [Member]</link:label>
    <link:label id="lab_tol_LandDevelopmentJointVentureIrvineCaliforniaMember_8821726C1606580BD270061E22744032_label_en-US" xlink:label="lab_tol_LandDevelopmentJointVentureIrvineCaliforniaMember_8821726C1606580BD270061E22744032" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land Development Joint Venture, Irvine, California [Member]</link:label>
    <link:label id="lab_tol_LandDevelopmentJointVentureIrvineCaliforniaMember_8821726C1606580BD270061E22744032_documentation_en-US" xlink:label="lab_tol_LandDevelopmentJointVentureIrvineCaliforniaMember_8821726C1606580BD270061E22744032" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Land Development Joint Venture, Irvine, California [Member]</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_LandDevelopmentJointVentureIrvineCaliforniaMember" xlink:label="loc_tol_LandDevelopmentJointVentureIrvineCaliforniaMember_8821726C1606580BD270061E22744032" xlink:type="locator" />
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    <link:label id="lab_tol_LandPurchaseCommitmentToJVMember_6501B2E177DB98AD11E4061E227571A3_terseLabel_en-US" xlink:label="lab_tol_LandPurchaseCommitmentToJVMember_6501B2E177DB98AD11E4061E227571A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land Purchase Commitment To JV [Member]</link:label>
    <link:label id="lab_tol_LandPurchaseCommitmentToJVMember_6501B2E177DB98AD11E4061E227571A3_label_en-US" xlink:label="lab_tol_LandPurchaseCommitmentToJVMember_6501B2E177DB98AD11E4061E227571A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land Purchase Commitment To JV [Member]</link:label>
    <link:label id="lab_tol_LandPurchaseCommitmentToJVMember_6501B2E177DB98AD11E4061E227571A3_documentation_en-US" xlink:label="lab_tol_LandPurchaseCommitmentToJVMember_6501B2E177DB98AD11E4061E227571A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Land Purchase Commitment to JV in which we have an equity interest [Member]</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_LandPurchaseCommitmentToJVMember" xlink:label="loc_tol_LandPurchaseCommitmentToJVMember_6501B2E177DB98AD11E4061E227571A3" xlink:type="locator" />
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    <link:label id="lab_tol_CompanyPurchaseCommitmentsAbstract_2B6582A0A39DDED46EA6061E2276F800_verboseLabel_en-US" xlink:label="lab_tol_CompanyPurchaseCommitmentsAbstract_2B6582A0A39DDED46EA6061E2276F800" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Company's land purchase commitments</link:label>
    <link:label id="lab_tol_CompanyPurchaseCommitmentsAbstract_2B6582A0A39DDED46EA6061E2276F800_label_en-US" xlink:label="lab_tol_CompanyPurchaseCommitmentsAbstract_2B6582A0A39DDED46EA6061E2276F800" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Company Purchase Commitments [Abstract]</link:label>
    <link:label id="lab_tol_CompanyPurchaseCommitmentsAbstract_2B6582A0A39DDED46EA6061E2276F800_documentation_en-US" xlink:label="lab_tol_CompanyPurchaseCommitmentsAbstract_2B6582A0A39DDED46EA6061E2276F800" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Company purchase commitments.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_CompanyPurchaseCommitmentsAbstract" xlink:label="loc_tol_CompanyPurchaseCommitmentsAbstract_2B6582A0A39DDED46EA6061E2276F800" xlink:type="locator" />
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    <link:label id="lab_tol_AdditionalCashRequiredToAcquireLand_C02A03B6D11D28021B78061E22777A36_verboseLabel_en-US" xlink:label="lab_tol_AdditionalCashRequiredToAcquireLand_C02A03B6D11D28021B78061E22777A36" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Additional cash required to acquire land</link:label>
    <link:label id="lab_tol_AdditionalCashRequiredToAcquireLand_C02A03B6D11D28021B78061E22777A36_label_en-US" xlink:label="lab_tol_AdditionalCashRequiredToAcquireLand_C02A03B6D11D28021B78061E22777A36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Cash Required to Acquire Land</link:label>
    <link:label id="lab_tol_AdditionalCashRequiredToAcquireLand_C02A03B6D11D28021B78061E22777A36_documentation_en-US" xlink:label="lab_tol_AdditionalCashRequiredToAcquireLand_C02A03B6D11D28021B78061E22777A36" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additional cash required to acquire land.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_AdditionalCashRequiredToAcquireLand" xlink:label="loc_tol_AdditionalCashRequiredToAcquireLand_C02A03B6D11D28021B78061E22777A36" xlink:type="locator" />
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    <link:label id="lab_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_A41529EBDB7C0033CAEB061E2278F6FA_terseLabel_en-US" xlink:label="lab_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_A41529EBDB7C0033CAEB061E2278F6FA" 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_A41529EBDB7C0033CAEB061E2278F6FA_label_en-US" xlink:label="lab_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_A41529EBDB7C0033CAEB061E2278F6FA" 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_A41529EBDB7C0033CAEB061E2278F6FA_documentation_en-US" xlink:label="lab_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_A41529EBDB7C0033CAEB061E2278F6FA" 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>
    <link:loc xlink:href="tol-20190731.xsd#tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses" xlink:label="loc_tol_AmountOfAdditionalCashRequiredToAcquireLandIncludedInAccruedExpenses_A41529EBDB7C0033CAEB061E2278F6FA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_91FB477A055C756191E6061E21C7A148_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_91FB477A055C756191E6061E21C7A148" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value inputs, assets, quantitative information [Table]</link:label>
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    <link:label id="lab_tol_OperatingLeaseLiabilityEstimate_FCE55997FD27925B05BB01C3F5D8B9C2_terseLabel_en-US" xlink:label="lab_tol_OperatingLeaseLiabilityEstimate_FCE55997FD27925B05BB01C3F5D8B9C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Lease Liability, % Estimate</link:label>
    <link:label id="lab_tol_OperatingLeaseLiabilityEstimate_FCE55997FD27925B05BB01C3F5D8B9C2_label_en-US" xlink:label="lab_tol_OperatingLeaseLiabilityEstimate_FCE55997FD27925B05BB01C3F5D8B9C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Lease Liability, % Estimate</link:label>
    <link:label id="lab_tol_OperatingLeaseLiabilityEstimate_FCE55997FD27925B05BB01C3F5D8B9C2_documentation_en-US" xlink:label="lab_tol_OperatingLeaseLiabilityEstimate_FCE55997FD27925B05BB01C3F5D8B9C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Estimated percent change to balance sheet related to the present value of lessee's discounted obligation for lease payments from operating lease.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_OperatingLeaseLiabilityEstimate" xlink:label="loc_tol_OperatingLeaseLiabilityEstimate_FCE55997FD27925B05BB01C3F5D8B9C2" xlink:type="locator" />
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    <link:label id="lab_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsTable_EBA0323406E424150788D97D2110BD8F_terseLabel_en-US" xlink:label="lab_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsTable_EBA0323406E424150788D97D2110BD8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in warranty accruals for home closed in prior periods [Table]</link:label>
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    <link:label id="lab_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsTable_EBA0323406E424150788D97D2110BD8F_documentation_en-US" xlink:label="lab_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsTable_EBA0323406E424150788D97D2110BD8F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change in warranty accruals for home closed in prior periods [Table]</link:label>
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    <link:label id="lab_tol_WarrantychangehomesclosedinpriorperiodotherMember_3DDB671B84ECA18D0D7FD97D21105F62_terseLabel_en-US" xlink:label="lab_tol_WarrantychangehomesclosedinpriorperiodotherMember_3DDB671B84ECA18D0D7FD97D21105F62" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Warranty change, homes closed in prior period, other [Member]</link:label>
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    <link:label id="lab_tol_WarrantychangehomesclosedinpriorperiodotherMember_3DDB671B84ECA18D0D7FD97D21105F62_documentation_en-US" xlink:label="lab_tol_WarrantychangehomesclosedinpriorperiodotherMember_3DDB671B84ECA18D0D7FD97D21105F62" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Warranty change, homes closed in prior period, other [Member]</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_WarrantychangehomesclosedinpriorperiodotherMember" xlink:label="loc_tol_WarrantychangehomesclosedinpriorperiodotherMember_3DDB671B84ECA18D0D7FD97D21105F62" xlink:type="locator" />
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    <link:label id="lab_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsLineItems_46B13F9A54BB235D47B8D97D2110CEC4_terseLabel_en-US" xlink:label="lab_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsLineItems_46B13F9A54BB235D47B8D97D2110CEC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in warranty accruals for home closed in prior periods [Line Items]</link:label>
    <link:label id="lab_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsLineItems_46B13F9A54BB235D47B8D97D2110CEC4_label_en-US" xlink:label="lab_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsLineItems_46B13F9A54BB235D47B8D97D2110CEC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change in warranty accruals for home closed in prior periods [Line Items]</link:label>
    <link:label id="lab_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsLineItems_46B13F9A54BB235D47B8D97D2110CEC4_documentation_en-US" xlink:label="lab_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsLineItems_46B13F9A54BB235D47B8D97D2110CEC4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Change in warranty accruals for home closed in prior periods [Table]</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsLineItems" xlink:label="loc_tol_ChangeinwarrantyaccrualsforhomeclosedinpriorperiodsLineItems_46B13F9A54BB235D47B8D97D2110CEC4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward_0261ABEDFDC9A4E25BFED97D21130B23_verboseLabel_en-US" xlink:label="lab_us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward_0261ABEDFDC9A4E25BFED97D21130B23" 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_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward_0261ABEDFDC9A4E25BFED97D21130B23_label_en-US" xlink:label="lab_us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward_0261ABEDFDC9A4E25BFED97D21130B23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward" xlink:label="loc_us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward_0261ABEDFDC9A4E25BFED97D21130B23" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProductWarrantyAccrual_D6AAB822990FEEEE0D7CD97D21132EA1_periodStartLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrual_D6AAB822990FEEEE0D7CD97D21132EA1" 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/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProductWarrantyAccrual" xlink:label="loc_us-gaap_ProductWarrantyAccrual_D6AAB822990FEEEE0D7CD97D21132EA1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProductWarrantyAccrual_D6AAB822990FEEEE0D7CD97D21132EA1" xlink:to="lab_us-gaap_ProductWarrantyAccrual_D6AAB822990FEEEE0D7CD97D21132EA1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProductWarrantyAccrualWarrantiesIssued_05824699359F2D98ECD9D97D21135510_verboseLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualWarrantiesIssued_05824699359F2D98ECD9D97D21135510" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Additions - homes closed during the period</link:label>
    <link:label id="lab_us-gaap_ProductWarrantyAccrualWarrantiesIssued_05824699359F2D98ECD9D97D21135510_label_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualWarrantiesIssued_05824699359F2D98ECD9D97D21135510" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Standard and Extended Product Warranty Accrual, Increase for Warranties Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProductWarrantyAccrualWarrantiesIssued" xlink:label="loc_us-gaap_ProductWarrantyAccrualWarrantiesIssued_05824699359F2D98ECD9D97D21135510" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease_02FBB6F8D4EACC9F5527D97D21138921_verboseLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease_02FBB6F8D4EACC9F5527D97D21138921" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Increase to accruals for homes closed in prior years</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease" xlink:label="loc_us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease_02FBB6F8D4EACC9F5527D97D21138921" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_A13A2053D1F98DF654F201A3A2C2F01C_totalLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_A13A2053D1F98DF654F201A3A2C2F01C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net increase (decrease) in cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_A13A2053D1F98DF654F201A3A2C2F01C_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_A13A2053D1F98DF654F201A3A2C2F01C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Period Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_A13A2053D1F98DF654F201A3A2C2F01C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_A13A2053D1F98DF654F201A3A2C2F01C" xlink:to="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_A13A2053D1F98DF654F201A3A2C2F01C" xlink:type="arc" />
    <link:label id="lab_tol_ReceivablesprepaidexpensesandotherassetsTableTextBlock_418CDF85CB15D1EF1AACD6073AA2B5B7_terseLabel_en-US" xlink:label="lab_tol_ReceivablesprepaidexpensesandotherassetsTableTextBlock_418CDF85CB15D1EF1AACD6073AA2B5B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables, Prepaid Expenses, and Other Assets [Table Text Block]</link:label>
    <link:label id="lab_tol_ReceivablesprepaidexpensesandotherassetsTableTextBlock_418CDF85CB15D1EF1AACD6073AA2B5B7_label_en-US" xlink:label="lab_tol_ReceivablesprepaidexpensesandotherassetsTableTextBlock_418CDF85CB15D1EF1AACD6073AA2B5B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables, prepaid expenses, and other assets [Table Text Block]</link:label>
    <link:label id="lab_tol_ReceivablesprepaidexpensesandotherassetsTableTextBlock_418CDF85CB15D1EF1AACD6073AA2B5B7_documentation_en-US" xlink:label="lab_tol_ReceivablesprepaidexpensesandotherassetsTableTextBlock_418CDF85CB15D1EF1AACD6073AA2B5B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Receivables, prepaid expenses, and other assets disaggregated from the balance sheet line item</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_ReceivablesprepaidexpensesandotherassetsTableTextBlock" xlink:label="loc_tol_ReceivablesprepaidexpensesandotherassetsTableTextBlock_418CDF85CB15D1EF1AACD6073AA2B5B7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_002E31DC3595B3B2996F061E22C1112E_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_002E31DC3595B3B2996F061E22C1112E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiary of Company, Ownership Percentage by Parent</link:label>
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    <link:label id="lab_tol_Supplementalguarantorinformationconsolidatednetworthofreleasedguarantorsubsidiary_448B2DE9B63C3B08CBC2061E22C2746B_terseLabel_en-US" xlink:label="lab_tol_Supplementalguarantorinformationconsolidatednetworthofreleasedguarantorsubsidiary_448B2DE9B63C3B08CBC2061E22C2746B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental Guarantor Information, consolidated net worth of released guarantor subsidiary</link:label>
    <link:label id="lab_tol_Supplementalguarantorinformationconsolidatednetworthofreleasedguarantorsubsidiary_448B2DE9B63C3B08CBC2061E22C2746B_label_en-US" xlink:label="lab_tol_Supplementalguarantorinformationconsolidatednetworthofreleasedguarantorsubsidiary_448B2DE9B63C3B08CBC2061E22C2746B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">supplemental guarantor information, consolidated net worth of released guarantor subsidiary</link:label>
    <link:label id="lab_tol_Supplementalguarantorinformationconsolidatednetworthofreleasedguarantorsubsidiary_448B2DE9B63C3B08CBC2061E22C2746B_documentation_en-US" xlink:label="lab_tol_Supplementalguarantorinformationconsolidatednetworthofreleasedguarantorsubsidiary_448B2DE9B63C3B08CBC2061E22C2746B" 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 net worth of a guarantor subsidiary can not be greater than this percent of the Registrants consolidated net worth.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_Supplementalguarantorinformationconsolidatednetworthofreleasedguarantorsubsidiary" xlink:label="loc_tol_Supplementalguarantorinformationconsolidatednetworthofreleasedguarantorsubsidiary_448B2DE9B63C3B08CBC2061E22C2746B" xlink:type="locator" />
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    <link:label id="lab_tol_Supplementalguarantorinformationconsolidatednetworthofallreleasedguarantorsubsidiaries_2BD9D00008B74FD56C51061E22C23C1F_terseLabel_en-US" xlink:label="lab_tol_Supplementalguarantorinformationconsolidatednetworthofallreleasedguarantorsubsidiaries_2BD9D00008B74FD56C51061E22C23C1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">supplemental guarantor information, consolidated net worth of all released guarantor subsidiaries</link:label>
    <link:label id="lab_tol_Supplementalguarantorinformationconsolidatednetworthofallreleasedguarantorsubsidiaries_2BD9D00008B74FD56C51061E22C23C1F_label_en-US" xlink:label="lab_tol_Supplementalguarantorinformationconsolidatednetworthofallreleasedguarantorsubsidiaries_2BD9D00008B74FD56C51061E22C23C1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">supplemental guarantor information, consolidated net worth of all released guarantor subsidiaries</link:label>
    <link:label id="lab_tol_Supplementalguarantorinformationconsolidatednetworthofallreleasedguarantorsubsidiaries_2BD9D00008B74FD56C51061E22C23C1F_documentation_en-US" xlink:label="lab_tol_Supplementalguarantorinformationconsolidatednetworthofallreleasedguarantorsubsidiaries_2BD9D00008B74FD56C51061E22C23C1F" 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.</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_Supplementalguarantorinformationconsolidatednetworthofallreleasedguarantorsubsidiaries" xlink:label="loc_tol_Supplementalguarantorinformationconsolidatednetworthofallreleasedguarantorsubsidiaries_2BD9D00008B74FD56C51061E22C23C1F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_Supplementalguarantorinformationconsolidatednetworthofallreleasedguarantorsubsidiaries_2BD9D00008B74FD56C51061E22C23C1F" xlink:to="lab_tol_Supplementalguarantorinformationconsolidatednetworthofallreleasedguarantorsubsidiaries_2BD9D00008B74FD56C51061E22C23C1F" xlink:type="arc" />
    <link:label id="lab_tol_Supplementalguarantorinformationconsolidatednetworthallreleasedguarantorsubsdefaultcure_627EC44B3340FA0F6D3E061E22C2400D_terseLabel_en-US" xlink:label="lab_tol_Supplementalguarantorinformationconsolidatednetworthallreleasedguarantorsubsdefaultcure_627EC44B3340FA0F6D3E061E22C2400D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">supplemental guarantor information, consolidated net worth, all released guarantor subs, default cure</link:label>
    <link:label id="lab_tol_Supplementalguarantorinformationconsolidatednetworthallreleasedguarantorsubsdefaultcure_627EC44B3340FA0F6D3E061E22C2400D_label_en-US" xlink:label="lab_tol_Supplementalguarantorinformationconsolidatednetworthallreleasedguarantorsubsdefaultcure_627EC44B3340FA0F6D3E061E22C2400D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">supplemental guarantor information, consolidated net worth, all released guarantor subs, default cure</link:label>
    <link:label id="lab_tol_Supplementalguarantorinformationconsolidatednetworthallreleasedguarantorsubsdefaultcure_627EC44B3340FA0F6D3E061E22C2400D_documentation_en-US" xlink:label="lab_tol_Supplementalguarantorinformationconsolidatednetworthallreleasedguarantorsubsdefaultcure_627EC44B3340FA0F6D3E061E22C2400D" 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>
    <link:loc xlink:href="tol-20190731.xsd#tol_Supplementalguarantorinformationconsolidatednetworthallreleasedguarantorsubsdefaultcure" xlink:label="loc_tol_Supplementalguarantorinformationconsolidatednetworthallreleasedguarantorsubsdefaultcure_627EC44B3340FA0F6D3E061E22C2400D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementAbstract_0305A87D37470588BA97061E22B2CCDD_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementAbstract_0305A87D37470588BA97061E22B2CCDD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Condensed Statements of Operations and Comprehensive Income:</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementAbstract_0305A87D37470588BA97061E22B2CCDD_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementAbstract_0305A87D37470588BA97061E22B2CCDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementAbstract" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementAbstract_0305A87D37470588BA97061E22B2CCDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementAbstract_0305A87D37470588BA97061E22B2CCDD" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementAbstract_0305A87D37470588BA97061E22B2CCDD" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_DFB781E85A4E1D7CAECB061E22B23E90_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_DFB781E85A4E1D7CAECB061E22B23E90" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_DFB781E85A4E1D7CAECB061E22B23E90_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_DFB781E85A4E1D7CAECB061E22B23E90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_DFB781E85A4E1D7CAECB061E22B23E90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_DFB781E85A4E1D7CAECB061E22B23E90" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_DFB781E85A4E1D7CAECB061E22B23E90" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales_C09F467659E8C356953C061E22B346D3_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales_C09F467659E8C356953C061E22B346D3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cost of revenues</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales_C09F467659E8C356953C061E22B346D3_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales_C09F467659E8C356953C061E22B346D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Cost of Sales</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales_C09F467659E8C356953C061E22B346D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales_C09F467659E8C356953C061E22B346D3" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationCostOfSales_C09F467659E8C356953C061E22B346D3" xlink:type="arc" />
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_018BE212591A8664E263061E22B30337_verboseLabel_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_018BE212591A8664E263061E22B30337" 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_018BE212591A8664E263061E22B30337_label_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_018BE212591A8664E263061E22B30337" 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_018BE212591A8664E263061E22B30337_documentation_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_018BE212591A8664E263061E22B30337" 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-20190731.xsd#tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses" xlink:label="loc_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_018BE212591A8664E263061E22B30337" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_018BE212591A8664E263061E22B30337" xlink:to="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses_018BE212591A8664E263061E22B30337" xlink:type="arc" />
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_746EE0349776891DCCF0061E22B331B3_totalLabel_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_746EE0349776891DCCF0061E22B331B3" 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_746EE0349776891DCCF0061E22B331B3_label_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_746EE0349776891DCCF0061E22B331B3" 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_746EE0349776891DCCF0061E22B331B3_documentation_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_746EE0349776891DCCF0061E22B331B3" 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-20190731.xsd#tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses" xlink:label="loc_tol_EquityMethodInvestmentSummarizedFinancialInformationExpenses_746EE0349776891DCCF0061E22B331B3" xlink:type="locator" />
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    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnDispositionOfLoansAndOwnedRealEstate_E07B1F77B4E15C8D218F061E22B340FB_terseLabel_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnDispositionOfLoansAndOwnedRealEstate_E07B1F77B4E15C8D218F061E22B340FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on disposition of loans and REO</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnDispositionOfLoansAndOwnedRealEstate_E07B1F77B4E15C8D218F061E22B340FB_label_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnDispositionOfLoansAndOwnedRealEstate_E07B1F77B4E15C8D218F061E22B340FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment Summarized Financial Information Gain Loss On Disposition Of Loans And Owned Real Estate</link:label>
    <link:label id="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnDispositionOfLoansAndOwnedRealEstate_E07B1F77B4E15C8D218F061E22B340FB_documentation_en-US" xlink:label="lab_tol_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnDispositionOfLoansAndOwnedRealEstate_E07B1F77B4E15C8D218F061E22B340FB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of gains (losses) as the result of the disposition of loans and owned real estate by an equity method investment of the entity.</link:label>
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    <link:label id="lab_tol_PropertyPhaseAxis_40627736732B348C90A802C42099E4ED_documentation_en-US" xlink:label="lab_tol_PropertyPhaseAxis_40627736732B348C90A802C42099E4ED" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Property phase of the venture in which we own an interest [Axis]</link:label>
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    <link:label id="lab_tol_RentalpropertyjointventurewestboroughMember_7231EBA9E0AE9DD4C10402C73EC8A18D_terseLabel_en-US" xlink:label="lab_tol_RentalpropertyjointventurewestboroughMember_7231EBA9E0AE9DD4C10402C73EC8A18D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">rental property joint venture westborough [Member]</link:label>
    <link:label id="lab_tol_RentalpropertyjointventurewestboroughMember_7231EBA9E0AE9DD4C10402C73EC8A18D_label_en-US" xlink:label="lab_tol_RentalpropertyjointventurewestboroughMember_7231EBA9E0AE9DD4C10402C73EC8A18D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">rental property joint venture westborough [Member]</link:label>
    <link:label id="lab_tol_RentalpropertyjointventurewestboroughMember_7231EBA9E0AE9DD4C10402C73EC8A18D_documentation_en-US" xlink:label="lab_tol_RentalpropertyjointventurewestboroughMember_7231EBA9E0AE9DD4C10402C73EC8A18D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">rental property joint venture westborough [Member]</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_RentalpropertyjointventurewestboroughMember" xlink:label="loc_tol_RentalpropertyjointventurewestboroughMember_7231EBA9E0AE9DD4C10402C73EC8A18D" xlink:type="locator" />
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    <link:label id="lab_tol_RentalPropertyJointVentureAtlantaGAMember_9E17A0EE2FF4E60B1AD202C4209BE867_terseLabel_en-US" xlink:label="lab_tol_RentalPropertyJointVentureAtlantaGAMember_9E17A0EE2FF4E60B1AD202C4209BE867" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental Property Joint Venture Atlanta, GA [Member]</link:label>
    <link:label id="lab_tol_RentalPropertyJointVentureAtlantaGAMember_9E17A0EE2FF4E60B1AD202C4209BE867_label_en-US" xlink:label="lab_tol_RentalPropertyJointVentureAtlantaGAMember_9E17A0EE2FF4E60B1AD202C4209BE867" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental Property Joint Venture Atlanta, GA [Member]</link:label>
    <link:label id="lab_tol_RentalPropertyJointVentureAtlantaGAMember_9E17A0EE2FF4E60B1AD202C4209BE867_documentation_en-US" xlink:label="lab_tol_RentalPropertyJointVentureAtlantaGAMember_9E17A0EE2FF4E60B1AD202C4209BE867" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Joint venture to develop luxury for-rent residential apartment project in Atlanta, GA</link:label>
    <link:loc xlink:href="tol-20190731.xsd#tol_RentalPropertyJointVentureAtlantaGAMember" xlink:label="loc_tol_RentalPropertyJointVentureAtlantaGAMember_9E17A0EE2FF4E60B1AD202C4209BE867" xlink:type="locator" />
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    <link:label id="lab_tol_SingleFamilyBuildtoRentJVMember_CEAA725F54AF241E793E02C4209C92C7_terseLabel_en-US" xlink:label="lab_tol_SingleFamilyBuildtoRentJVMember_CEAA725F54AF241E793E02C4209C92C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Single Family Build to Rent JV [Member]</link:label>
    <link:label id="lab_tol_SingleFamilyBuildtoRentJVMember_CEAA725F54AF241E793E02C4209C92C7_label_en-US" xlink:label="lab_tol_SingleFamilyBuildtoRentJVMember_CEAA725F54AF241E793E02C4209C92C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Single Family Build to Rent JV [Member]</link:label>
    <link:label id="lab_tol_SingleFamilyBuildtoRentJVMember_CEAA725F54AF241E793E02C4209C92C7_documentation_en-US" xlink:label="lab_tol_SingleFamilyBuildtoRentJVMember_CEAA725F54AF241E793E02C4209C92C7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Single Family Build to Rent JV</link:label>
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    <link:label id="lab_tol_RentalPropertyJointVenturesHarrisonNYandFriscoTXMember_6D5AA0A68AE9D5D3B6DD02C4209C4597_terseLabel_en-US" xlink:label="lab_tol_RentalPropertyJointVenturesHarrisonNYandFriscoTXMember_6D5AA0A68AE9D5D3B6DD02C4209C4597" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental Property Joint Ventures Harrison NY and Frisco TX [Member]</link:label>
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    <link:label id="lab_tol_RentalPropertyJointVenturesHarrisonNYandFriscoTXMember_6D5AA0A68AE9D5D3B6DD02C4209C4597_documentation_en-US" xlink:label="lab_tol_RentalPropertyJointVenturesHarrisonNYandFriscoTXMember_6D5AA0A68AE9D5D3B6DD02C4209C4597" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rental Property Joint Ventures Harrison NY and Frisco TX [Member]</link:label>
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    <link:label id="lab_tol_RentalPropertyJointVenturesCollegeParkMarylandMember_92F82D9ABDFAD444D4CC02C4209CA78A_terseLabel_en-US" xlink:label="lab_tol_RentalPropertyJointVenturesCollegeParkMarylandMember_92F82D9ABDFAD444D4CC02C4209CA78A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental Property Joint Ventures College Park, Maryland [Member]</link:label>
    <link:label id="lab_tol_RentalPropertyJointVenturesCollegeParkMarylandMember_92F82D9ABDFAD444D4CC02C4209CA78A_label_en-US" xlink:label="lab_tol_RentalPropertyJointVenturesCollegeParkMarylandMember_92F82D9ABDFAD444D4CC02C4209CA78A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental Property Joint Ventures College Park, Maryland [Member]</link:label>
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    <link:label id="lab_tol_TollBrothersRealtyTrustMember_3482E74DDE4C86754D0E02C4209C0434_terseLabel_en-US" xlink:label="lab_tol_TollBrothersRealtyTrustMember_3482E74DDE4C86754D0E02C4209C0434" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Toll Brothers Realty Trust [Member]</link:label>
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    <link:label id="lab_tol_TollBrothersRealtyTrustMember_3482E74DDE4C86754D0E02C4209C0434_documentation_en-US" xlink:label="lab_tol_TollBrothersRealtyTrustMember_3482E74DDE4C86754D0E02C4209C0434" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Joint venture formed in 1998 to invest in commercial real estate opportunities.</link:label>
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