Last night (December 15th, 2014) at Lost & Found was a disappointment to say the least.
A small group of my girlfriends were on the guest list and got to the club at 10:30pm - we were first in line. For over an hour the line grew and they refused entry to everyone in line. Instead they began filling up the club with big groups of the owners and hosts personal friends. By 11:45pm they had not let even one person in from the line, they hit capacity with their own friends & told everyone else to leave.
Last night was clearly a private event, masquerading as a club and being promoted that way. Complete disrespect for people's time.
I have to admit the guys out front were "reasonably" nice and friendly, but regardless I will never be back. Too many other fun places in Toronto to waste time here.
If you are friends with the hosts, go - I'm sure it's a great time. Aside from that, don't bother.