Confirmed.
Here is the RENFE's press release to announce timetables and fares of the high speed rail link between Madrid and Toledo.
It will be opened on Nov 15th. Tickets will be sold from Nov 10th on. There will be 10 daily services on each way on weekdays, 8 on weekends:
MAD->TOL
6:50a Mon-Fri
7:50a Mon-Fri
9:20a
10:20a
12:20p
1:50p
3:50p
5:50p
7:50p
9:50p
TOL->MAD
6:50a Mon-Fri
8:00a Mon-Fri
9:20a
10:20a
12:20p
1:20p
3:20p
5:20p
7:20p
9:20p
The trip will take 35 minutes. The fares are:
8 euro one way
12.80 euro return trip on the same day
14.40 euro return trip on different day
There will be multi-trip tickets, but I think this is out of the scope of this forum.
Enjoy it!