The 2016 NXT TakeOver: Toronto was the 12th NXT TakeOver and inaugural TakeOver: Toronto professional wrestling livestreaming event produced by WWE. It was held exclusively for wrestlers from the promotion's NXT brand division. The event aired exclusively on the WWE Network and took place on November 19, 2016, at the Air Canada Centre in Toronto, Ontario, Canada as part of that year's Survivor Series weekend. It was the second NXT TakeOver held outside of the United States, after TakeOver: London in December 2015.

NXT is a brand of the American professional wrestling promotion WWE that was introduced on February 23, 2010. Brands are divisions of WWE's roster where wrestlers are assigned to perform on a weekly basis when a brand extension is in effect. Wrestlers assigned to NXT primarily appear on the brand's weekly television program, NXT. It serves as a developmental brand for Raw and SmackDown, which are WWE's primary brands considered as the main roster. Due to its developmental status, NXT operates regardless if there is a brand extension in effect or not.