This place is more upscale than its name would suggest. While it wouldn't make any top 10 lists of Italian restaurants in Toronto it does a fair job on the food front. When I was there it was 'Feel Good Thursday' so the bar was jammed but this is the case with most lounges on a Thursday in Toronto.
I wouldn't go back for the food but if you end up there on some elses suggestion it will be an ok evening.