I started seeking for chic yet reasonably priced restaurants at the end of last summer when our not-so-Harmonized Sales Tax was put in place. Here are two of my favourite ones so far..
Campagnolo. One of the best casual Italian in town. "High end restaurant in a ..um... up and coming..neighbourhood" Yes, google it. It is located next to the Ivanhoe Pub. Interesting location, but fantastic food. One of my friend would not stop bragging about its risotto days after.
Bistrot Bistro. Traditional French Country in the hip Kits area. The flavours are so rich I can die for. Literally. Prix fix menu every night. Go to the gym before you go. Try their steak with the creamy rich blue cheese sauce! Finish your meal with a rich yet light in texture chocolate mousse.