Tories 30-40%
Kitchener
Liberals 30-40%
Waterloo (they narrowly lost the riding, but Waterloo has the university and also a strong high-tech sector, the location of RIM, the maker of blackberry thus why it is the most liberal part of K-W)
Though rather ironically, it's represented provincially by a rare remaining urban Tory, Elizabeth Witmer.
I think Waterloo's remaining Liberal (presumably by a hair's thread--and have advance/special polls factored in in any way in the analysis?) has more to do with its being circumscribed entirely within Kitchener-Waterloo riding, where Andrew Telegdi had residual strength and, to be frank, few really saw his recount defeat coming. In fact, I believe the voting-profile difference between the cities of Waterloo and Kitchener would be negligible, if it weren't for Kitchener including a big chunk of Kitchener-Conestoga, where the Tories' Herb Albrecht was first elected in '06 and reelected in a landslide in '08. (In and of itself, the Kitchener part of K-Con would probably be much more Liberal-leaning if distributed into a different type of riding.)