Toni Braxton debuted at number 36 on the Billboard 200 and later spent two non-consecutive weeks atop the chart as well as three non-consecutive weeks atop the Top R&B/Hip-Hop Albums chart. It has sold 5,135,000 copies in the United States and 10 million copies worldwide. The album was primarily produced by Reid, Babyface, and Daryl Simmons. The first single, "Another Sad Love Song", peaked at numbers seven and two on the Billboard Hot 100 and R&B Singles charts, respectively. The album's second single, "Breathe Again", peaked in the top five of both the Hot 100 and R&B charts and at number two on the UK Singles Chart. More singles from Toni Braxton were released in 1994, including "You Mean the World to Me", "Seven Whole Days", and "I Belong to You"/"How Many Ways".
The album received positive reviews and earned Braxton several awards, including three Grammy Awards (for Best New Artist and two consecutive awards for Best Female R&B Vocal Performance in 1994 and 1995). She also won two American Music Awards (for Favorite Soul/R&B New Artist and Favorite New Adult Contemporary Artist) in 1994 and another one in 1995 (for Favorite Soul/R&B Album).
In Japan, the album was released as Love Affair, also a song on the album. The Japanese edition contains the same track listing as the standard version; the only difference is the Obi strip and the bonus lyrics booklet written in Japanese.