This classic vintage toy is the Chatter Telephone from 1985. It's a retro rotary phone on wheels with a red receiver and a plastic pull string. The telephone makes a noise when pulled and the eyes move up and down. The phone also has a bell that dings when the rotary dial is turned.

The red plastic receiver is attached to the telephone with a piece of string, but can be picked up so kids can pretend to talk on the phone.

The toy is still in good working condition, the eyes still move and the bell still dings. The stickers show some wear and some of the red paint is worn off the nose. 

Areas of reflection on the red phone handle make it appear orange when photographed, but it is a consistent red color.

This retro telephone would be a fun, classic toy for a toddler!

The back of the phone is marked "2035 1961, 1985 Fisher-Price."

Measurements:

Height: 4 inches (10.2 cm)
Length: 6 1/4 inches (15.9 cm)
Width: 7 inches (17.8 cm)