EVENTS: Gusto 501 Elevates the Season With a Rooftop Escape and Next-Level Private Dining
Toronto doesn’t exactly lack winter experiences but few deliver escapism with the kind of swagger, polish, and cinematic mood-setting that Gusto 501 is rolling out this season. The Corktown landmark is officially doubling down on holiday hospitality, unveiling a brand-new rooftop pop-up (its Mountain Vista Lounge) and spotlighting its multi-floor private dining spaces just in time for event season.
Opening Thursday, November 27 for an eight-week limited run, Mountain Vista Lounge transforms the top floor of Gusto 501 into an alpine-inspired hideaway with holiday city views that feel straight out of a snow-globe dreamscape. Think: glowing lights, rustic textures, blankets at the ready, curated music, and the transportive warmth Gusto’s known for (minus the shoulder-to-shoulder chaos that tends to define Toronto in December.)
Running Thursday to Saturday, 5 PM to 9 PM, the lounge is designed as the ultimate pre- or post-dinner happy hour. Guests are welcomed with a glass of bubbles before settling into warm winter cocktails (including a Toki Whisky-forward lineup), passed snacks, tableside make-your-own s’mores, and even a surprise takeaway gift.
Beyond the rooftop glow, Gusto 501 is reminding Toronto why it remains one of the city’s strongest destinations for private dining and corporate events: a timely flex as many companies explore their holiday bookings.
The restaurant’s five-level layout offers a rare mix of intimacy and expansiveness, with each floor featuring distinct architectural character and energy. Whether it’s a full buyout or a curated multi-room experience, the space delivers the kind of atmosphere that makes brand launches, milestone dinners, and holiday celebrations feel memorable rather than mandatory.
With demand shifting and many teams opting for smaller, more meaningful gatherings, Gusto 501’s private spaces (including its mezzanine, hidden nooks, and upper dining levels) hit the sweet spot between stylish and functional. Add in the kitchen’s Italian-inspired menu and bold cocktails, and you’ve got one of the city’s most versatile backdrops for hosting.
With its limited run and high-altitude charm, Mountain Vista Lounge is shaping up to be one of winter’s must-visit experiences—and a sharply executed reminder of Gusto 501’s ability to create moments far beyond the plate.
For Torontonians craving a warm, stylish escape (or a standout venue for their next gathering) Gusto 501 is proving that the season is always better with a little elevation.
