While this event seems like it would be a blast, it's really more for the older crowd in Toronto. While it's not very "live", the atmosphere is lovely, the food is all from food trucks and is delicious and the exhibits are open to explore with your date/friends. Downsides include: the incredibly long lines for drink/food tickets, the music, lack of seating/activities.
I do not recommend this for anyone looking for an experience similar to a club but if you want to have a fun date night or a more laid back "club experience" - this would be the way to do it.