Rather than using an ISR to toggle the bit you can use the Timer/Counter OCR1A hardware to toggle the T1A pin (Pin 11, PB5) directly.
"For generating a waveform output in CTC mode, the OCnA output can be set to toggle its logical level on each compare match by setting the Compare Output mode bits to toggle mode (COMnA1:0 = 1). The OCnA value will not be visible on the port pin unless the data direction for the pin is set to output (DDR_OCnA = 1). The waveform generated will have a maximum frequency of fOCnA = fclk_I/O/2 when OCRnA is set to zero (0x0000).
Also, you can toggle a bit in an I/O port by using the PIN register: