| 2016 season | |||
|---|---|---|---|
 | |||
| General Manager | Tim Bezbatchenko | ||
| Head Coach | Greg Vanney | ||
| Stadium | BMO Field | ||
| Major League Soccer | Conference: 3rd Overall: 5th | ||
| MLS Cup Playoffs | Runners-up | ||
| Canadian Championship | Champions | ||
| Top goalscorer | League: Sebastian Giovinco (17) All: Sebastian Giovinco (22) | ||
| Highest home attendance | 36,045 (December 10 vs. Seattle Sounders FC) | ||
| Lowest home attendance | 20,011 (June 21 vs. Vancouver Whitecaps FC) | ||
| Average home league attendance | League: 26,583 All: 26,787 | ||
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The 2016 Toronto FC season was the 10th season in club history. Toronto FC finished 3rd and qualified for the playoffs for the second consecutive season. By defeating the Philadelphia Union 3–1 in the Eastern Conference Knockout Round, the club earned their first ever playoff victory, and by defeating New York City FC 7–0 on aggregate, they reached their first ever Eastern Conference Final against their Canadian rivals Montreal Impact. The club set a BMO Field attendance record of about 36,000 for the second leg of the Conference Final as the club was able to use temporary seats in the south end that were originally installed for the 104th Grey Cup. Montreal won the first leg of the Conference Championship, 3–2 at the Olympic Stadium in Montreal on November 22. Toronto later beat Montreal 5–2 in extra time in the return leg at BMO Field in Toronto on November 30, winning on an aggregated score of 7–5, making Toronto FC the first Canadian team to compete in an MLS Cup Final. On December 10, Toronto lost the final at BMO Field in front of another record-breaking 36,045 fans, to Seattle Sounders FC 5–4 on penalties following a goalless draw after extra time.