With LA Galaxy 3-0 down just before half-time, the Swedish forward struck with a spinning backheel volley.
Zlatan Ibrahimovic simply doesn't score ordinary goals, but even by his standards, his 500th career goal was special.
Ibrahimovic's goal was greeted by a standing ovation from the opposition fans but the Swede dismissed the gesture as a run of the mill response to his customary brilliance.
Buoyed by the goal, Galaxy drew level at 3-3 on 58 minutes but goals from Jonathan Osorio and Jay Chapman gave Toronto the victory.
The veteran has also bagged 62 goals for his country.
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"I'm happy for Toronto because they'll be remembered as my 500th victim", Ibrahimovic told TSN after the game. "It reminds me of a goal I did in Ajax", said Ibrahimovic, who has five game winners for Los Angeles.
Zlatan Ibrahimovic has stunned the world of football with one of the most outrageous goals in his illustrious career.
His tally of club goals now stands at 438 including strikes for Malmo, Ajax, Juventus, Inter, Barcelona, PSG, AC Milan and Manchester United.
"It came from a cross and I turned around and hit it".
It was Ibrahimovic's 17th goal in 18 league appearances for the MLS side as his remarkable career continues.
"It is an incredible achievement", said Galaxy coach Dominic Kinnear of Ibrahimovic's goal.