No, GRE is not compulsory for admission to the University of Toronto. It is optional for the University of Toronto, but it's highly recommended that you submit with a good score, as it adds credibility to your application. More than the university, the requirement for GRE depends on the specific program that you are applying to at the University of Toronto. It’s better to check your program's website.
Thus it can be safely concluded that there is no GRE requirement as such for MS in the University of Toronto. However, it is always recommended to have a standardized exam score like GRE for Graduate studies as this will improve your chances of admission.