Hy's Steakhouse - Toronto is located in Downtown / Financial District, Canada on 365 Bay St. Hy's Steakhouse - Toronto is rated 3 out of 5 in the category steakhouse in Canada. Since 1969, Hy’s Steakhouse has been a Toronto staple for perfectly grilled, Canadian Prime Grade Steaks. Now located at the corner of Richmond and Bay, Hy’s flagship restaurant features modern splashes of colour and art, while staying true to the warm wood and clean lines and textures of the classic steakhouse tradition. Expertly crafted cocktails, Hy’s famous cheese toast and tableside classics, await you alongside the warm hospitality that you have come to expect from Canada’s Premier Steakhouse. Explore the stunning, expansive bar and lounge on the street level, wraparound dining room on the mezzanine level, and private dining rooms on the lower level.