Toronto, Ohio has its advantages and disadvantages when it comes to purchasing real estate. Here are some of the key points:

Advantages:

1. Affordable housing: Homes in Toronto, Ohio tend to be much less expensive than those in other parts of the state, meaning that you can get more real estate for your money.

2. Low property taxes: Property taxes in Ohio are among the lowest in the country, making ownership of real estate more affordable.

3. Good employment opportunities: Toronto, Ohio is home to a number of important industries, such as steel fabrication, mining, and manufacturing. This means that there are plenty of job opportunities for those looking to work in these fields.

Disadvantages:

1. Dependent on a few major employers: While the employment opportunities are good, the town is heavily dependent on a few major employers which creates risk in an economic downturn.

2. Population decline: Toronto's population has been steadily declining over the years which raises questions about demand for real estate in the town and in turn affects supply and pricing.

3. Limited amenities: Toronto is a small town with limited amenities and entertainment options. This may not be ideal for those looking for an urban lifestyle.

It would be a good idea to weigh these advantages and disadvantages before making a decision on whether or not to purchase real estate in Toronto, Ohio.