I had a porterhouse steak here and although it was a little bit on the pricey side it was very good! Very juicy with interesting sauces to match. I have tried most of the top steakhouses in Toronto and Jacobs is definitely in the top 5. I believe I saw Kobe steak on the menu as well! Speaking of Kobe, Jose Calderon was sitting next to us. When I went it was a younger crowd in their 30's-40's.
From what I recall there's a piano bar lounge downstairs and upstairs is where the restaurant is. The decor is modern but not too stuffy. A good place to take a SO for a nice night out of if you want to satisfy a streak craving.