Not sure if it's been mentioned yet but for anyone looking for the best tacos (and bourbon list) in town, Grand Electric is your place. It's right at the gentrified border of Parkdale on Queen, just west of Dufferin. The question you have to ask yourself is if you're willing to wait 2-3 hours for tacos. I was, and it was soooo worth the wait.
They open at 6 and I had heard you need to be there early if you want a seat in the opening seating. My wife and I met two friends on Friday around 5:45 and it wasn't early enough. The line was insane! We got on the list for the 3rd seating so we didn't actually sit down to eat until 8:15 or so. Plenty of bars in the area to kill an hour or two though. The Rhino across the street had a nice patio so we waited it out there. And as I mentioned, the wait was worth it.
It's cheap and it's run by ex-Black Hoof guys. That's really all you need to know if you've ever been to the Black Hoof. It's a small menu and the focus is tacos. Beef, fish, chicken, and pork tacos...instead of ground beef and pork, you get beef cheek and pork belly. And so on. Interesting beer selection and an awesome bourbon selection with plenty of reasonably priced choices as well as some aged upscale choices. Only downside to the meal was that they were blasting hip hop too a bit too loud for conversation. At least it was good hip hop, like mid 90s era Gang Starr. Really can't say enough about the place and can't wait to go back to try the rest of the menu.