This place is amazing; perfect for a girl's night, intimate date, or to bring out-of-towners. Just make sure you come with a small group! Unless you head in early on a weeknight, you're most likely to wait for a table.
416's concept is simple: no cutlery. Everything is small, shareable and meant to be eaten with your hands. I came with a few girlfriends and shared too many delicious things, the highlights being the Korean Fried Chicken, Steak Tartare (hundreds of Yelpers don't lie) and the Pork Steamed Bun. They also have an awesome cheese board, served with blueberry vanilla jam and candied nuts. Damn, it was so good! As far as drinks, we never strayed from the Manhattans, which I would argue are the best in Toronto. And anywhere else I've been, for that matter.
The vibe here is sexy and fun, the service is great (aside from the doorman, who can sometimes be a frustrating hard-ass about bringing in bags), and the menu doesn't disappoint. Go!