The multi-residential Internet network is a technological solution offered by WifiPlex. It’s the only state-of-the-art, dedicated Internet network designed to supply multi-family rental properties only (in Eastern Canada), and it’s also highly secure. This solution enables builders and owners to provide high-speed Internet access to their tenants, transforming their multi-dwelling building into a smart building for the inclusion of other technologies.
Wifiplex or another internet provider?
For your multi-residential building, the usual internet providers in Canada will sell you 1 internet connection per unit, plus 1 extra for your common areas. To understand the difference between their internet system and Wifiplex’s, here’s an easy-to-understand real-life example from 2024 for a 32-unit building:
Usual Internet provider: $35/month/unit + $95/month for the Internet in your common areas with a 5-year contract: ($35/monthx32 units)+$95: $1,215 x60 months: $72,900
Wifiplex Internet: $270/month for all units and common areas +$4/month/unit for technical service over 5 years: ($4×32)+$270:$398 x60 months: $23,880
A monthly saving of $817/month and therefore, in major centers, an economic value (EV) of $196,000 more simply by choosing Wifiplex instead of the usual Internet providers. When you refinance, you’ll have a large part of this amount in your bank account, so you can continue to grow your real estate portfolio.
So in short, over 5 years, you’ll save $49,020 just in recurring costs simply by opting for our Wifiplex Internet network instead of one of the usual well-known providers. Less equipment will be needed, which reduces ESG and helps respect the environment.
Independent and priority
The network is designed to be completely independent, secure and powered by suppliers who provide fiber optic links between Europe and the Americas (transatlantic), between Canada and the United States, other countries around the world, and several datacenters around the world. Our internet is therefore called dedicated internet, and is not shared with neighboring buildings in your area, as is the case with regular internet providers. So at peak times, speed is guaranteed for your building and your tenants. No one is immune to breakdowns or outages. In the event of a problem or outage, our Internet is restored first, before any of your neighbors on shared Internet lines. This reduces the time it takes to resolve possible outage, and means greater customer satisfaction.
Unrivalled advantage
The Wifiplex Internet network for multi-unit buildings is also quick and easy to install. Every day, our technicians install new multi-residential buildings. Our Internet network is currently available in cities in Eastern Canada. Speeds can also be increased as needed, often within the same day.
It also lets you link several buildings belonging to the same owner, so you can manage them as if you were on site in all your buildings at once. This is a major technological advance, and a very practical way of accelerating the different technologies installed in your IPMs. Once your buildings are connected to our Internet network, you’ll be able to view your security camera, intelligent intercom and other systems as quickly as if you were physically present in each of your buildings. So you can optimize the time of your management teams.
In addition to providing high-speed Internet access, the multi-building Internet network offers other advantages. For example, it enables landlords to reduce their tenants’ Internet costs, increase the economic value of their building, and monitor their property with security cameras and entry intercom systems. It can also transform even the most outdated buildings into intelligent ones. You’ll be able to offer residential telephony, TV service and soon other equipment that will improve the energy efficiency of your building’s various systems, including your thermostats and switches. Once your building is powered by our Wifiplex Internet network, there are no limits to the technological optimization of your ILM.
The multi-residential building Internet network is an innovative technological solution that offers many advantages to building owners, builders and their tenants. If you own a multi-family rental property, we strongly suggest that you consider this solution for providing high-speed Internet access to your buildings.
If you have any questions, please contact us directly.
