Toronto's definitive steakhouse — Jacobs & Co. has a legendary dry-aging program sourcing beef from Canada, Australia, Japan, and beyond. The new CIBC Square location is a 14,000-square-foot landmark with one of the best steakhouse wine lists in North America.
Neighbourhood: Financial District (CIBC Square) · Address: 81 Bay St, Suite 100, Toronto, ON M5J 0E7 · Hours: Mon–Thu 5PM–10PM | Fri–Sat 5PM–11PM | Sun 5PM–9PM · Price Range: $$$$ · Phone: (416) 363-9704 · Website: https://jacobssteakhouse.com · Editorial status: Not yet verified
Come to experience a true steakhouse ritual, complete with tableside Caesar salad and a chance to order some of the world’s best (and rarest) cuts. The service feels special but never stuffy.
Not many Toronto steakhouses invest in an on-site dry-aging room specializing in ultra-premium global beef — especially Japanese wagyu, which rotates depending on availability. Jacobs & Co. is also famous for their diligent, old-school approach: sides done right, sauces made in-house, and the kind of wine list that gets collectors talking. The new CIBC Square location gives you a seriously sleek setting and views of the city.
Jacobs & Co. Steakhouse brings serious steakhouse energy to the Financial District’s CIBC Square: high ceilings, plush booths, pristine table settings, and that classic white-jacketed service. Beyond the glitzy dining room is a dedication to sourcing and dry-aging beef from Canadian, American, Australian, and prized Japanese sources, making it the go-to spot for any carnivore. There’s a live pianist most nights and a glass-enclosed dry-aging room. Steaks arrive sizzling and expertly cut, and the wine list is genuinely massive — a sommelier will walk you through it if you care to dive in.
Yes, reservations are highly recommended, especially on weekends. Walk-ins are rare.
The dry-aged bone-in ribeye is their signature and showcases both their sourcing and aging expertise.
Ideal for business dinners and small to medium groups (up to 8), but larger parties may need to book a private room.
Expect to spend $80–$200 per person for dinner with steak and sides, not including drinks.
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