This location seems to have opened with relatively little fanfare compared to the Distillery location. The place doesn't seem to very busy, not even for brunch in the brunch-crazy city of Toronto.
I went with a few friends for dessert on a Sunday night. Their dessert menu is extensive, but prices are rather high. A simple crepe with a bit of chocolate on the side is $9, while adding fruit makes it $11. I tried the banana crepe and the strawberry crepe. As their specialty is chocolate, the melted chocolate was very good. However, the crepe itself was far too thick.
Desserts priced like meals and questionable food quality, Cacao 70 seems to be suffering from a bit of an identity crisis. In the midst of summer is not really the optimal time for cozying up with a mug of premium hot chocolate, so they really need to offer a better quality and value for desserts.