We study the structure of isometries defined on the algebra $\mathcal{A}$ of upper-triangular Toeplitz matrices. Our first result is that a continuous multiplicative isometry $\mathcal{A}\to M_n$ must be of the form either $A\mapsto UAU^*$ or $A\mapsto U\overline AU^*$, where $\overline A$ is the complex conjugation and $U$ is a unitary matrix. In our second result we use a range of ideas in operator theory and linear algebra to show that every linear isometry $\mathcal{A}\to M_n(\mathbb{C})$ is of the form $A\mapsto UAV$ where $U$ and $V$ are two unitary matrices. This implies, in particular, that every such an isometry is a complete isometry and that a unital linear isometry $\mathcal{A}\to M_n(\mathbb{C})$ is necessarily an algebra homomorphism.