1580s, agent noun from toast (v.1). Electrical type is from 1913. In reference to a person who proposes or pledges a drinking toast, from 1704 (from toast (v.2)). Toaster-oven attested from 1957.
toad
toadstone
toadstool
toady
toast
toaster
toasty
tobacco
tobacconist
Tobias
toboggan