Waterloo has been investing heavily in improving their public transit infrastructure in recent years:
https://en.wikipedia.org/wiki/Ion_rapid_transit
http://rapidtransit.regionofwaterloo.ca/en/projectinformatio...
Once it is completed, I think this will make Waterloo and Toronto feel a lot closer together. Note that the 'transit hub' mentioned above is a 2 minute walk from communitech (https://www.communitech.ca/), Google, Shopify, D2L etc.