Buddle fired in his first goal as a member of the Rapids after Toronto defender Logan Emory slipped and fell in the TFC box, handing Colorado (3-4-3) a victory.
With the victory, the Rapids leapfrogged Vancouver and San Jose to move into fifth place in the Western Conference standings.
Toronto fell to 1-4-4.
Notable deaths of 2014 [PHOTOS]
Arizona Cardinals player formally charged