Nestled in the heart of Little Portugal, Lisbon By Night is *the* place to be for authentic Portguese cuisine. The decor may be a little outdated, but I find this restaurant to be extremely cozy and inviting (especially at the dinner hour) and the staff is friendly and knowledgeable about the culinary works of art they serve up here. The menu is really eclectic, so much so that you'll have to make several visits to Lisbon By Night to understand the full spectrum of textures, flavours and aromas that are available there.
From what I understand, they also offer catering services and a banquet hall that seats 120 people on the uppermost level. So this is also an option for people looking for quality catering or a place to host a function.
The price is very reasonable for a sit-down. My problem is that the atmosphere is so cozy and relaxing, I never want to leave....and the wine just keeps coming. I'm not sure how late they're open, but I've ordered an elaborate dessert at midnight once before and they were so cool about it...like they do it all the time.
So to recap, the food is fantastic and so is the atmosphere. I really enjoyed myself here and would recommend it as one of the best places in Toronto to find authentic Portuguese cuisine.