Toftir is part of a chain of villages stretching over a distance of 10 kilometres on the east side of Skįlafjųršur-inlet on Eysturoy.
Toftir has a relatively big harbour with a fillet-factory that was started in 1969.
The church in Toftir was built in 1994.
In the hills high above the village is a sports-arena. It is called Į Svangaskarši.