Toledo, officially the City of Toledo, is a 1st class component city in the province of Cebu, Philippines. According to the 2020 census, it has …Toledo, officially the City of Toledo, is a 1st class component city in the province of Cebu, Philippines. According to the 2020 census, it has a population of 207,314 people. Toledo City is bordered to the north by the town of Balamban, to the west is the Tañon Strait, to the east is Cebu City and Naga and the town of Minglanilla, and to the south is the town of Pinamungajan.