5 stars doesn't mean it's the best italian food in Toronto, nor is Grazie priced that way. My four stars are for really great food at a great price served by great people. Sit at the bar and meet the neighbourhood. The menu is solid as a rock (it's changed ever so slightly over 25 years). Penza is the favourite of most but I love the Giovanni Pizza and the Udine (with tomato sauce instead of the cream) - let the tomato sauce combine with the goats cheese for a perfect light sauce.
Where Grazie earns it's fifth star is the daily specials. look into its kitchen and if you see the ever present bandana of one of the most under-rated chefs in the city, order the special! Chantel is crushing dish after dish these days. See the Grazie Facebook site for pictures.
Ciao!