Living in Summit
Summit is a residential area in eastern Addis Ababa, between Bole and CMC. It is best known for the Summit condominium site, one of the larger government housing sites in the city. Private villas and apartment towers have grown around it. Listings spell the name in several ways, such as Summit, Sumit and ሰሚት.
Living in Summit
Summit is mostly residential. The condominium site has many blocks with shops on the ground floors. People often describe a location by its gate, for example the first or second gate. Small shops, cafes and services serve residents inside and around the site.
The streets outside the condominium site are quieter. Walled villa compounds and new apartment buildings line them. Listings also use local names such as Figa and Fiyel Bet for areas next to Summit. This guide includes those names.
A short-term rental listing describes Summit as a calm area about 20 minutes by car from Bole International Airport in light traffic. The Addis International Convention Center and Lemi Park, near CMC, are also close.
Property types and prices
Summit offers several types of home:
- Condominium units, from studios to three bedrooms
- Villas on private compounds
- New apartment towers from private developers
- Rooms and small units for rent inside compounds
Get-As Real Estate builds its Summit 72 project here. The compound covers about 40,000 square meters. It has 32 G+1 villas and several apartment towers. Two towers are complete, and the rest are close to completion.
Condominium units in Summit usually cost less than new apartments in central Bole. Prices depend on the block, the floor, the number of rooms and the title status. We do not have enough reliable data to give a price range. Compare current condominiums for sale with condominiums for rent in the same blocks.
Rent is a common choice in Summit. Many owners rent out their units, so tenants can choose from studios to three-bedroom units. Rooms in villa compounds also come up often. A unit near a gate and a taxi stop is easier for daily trips than one deep inside the site.
Getting around
Summit does not have a light rail station. The nearest stations are on the east-west line at CMC and nearby stops. Minibus taxis link Summit with Bole, CMC and Megenagna. City buses run from Bole to the Summit condominium site. Many residents use ride-hailing apps for trips across the city. Peak-hour traffic toward Bole can be slow.
Who Summit suits
- First-time buyers who want a condominium unit
- Tenants who want lower rent than in Bole
- Families who want a villa on a compound in the east of the city
- People who work in Bole, CMC or at the convention center
Buying or renting in Summit
For a condominium unit, check the ownership documents with care. Confirm that the seller holds the title, and ask about any unpaid loan to the bank. Check the floor, the water pressure and the state of the shared stairs. For a villa, check the plot size and the road access. Our condominium guide explains transfers. Nearby areas include CMC, Bole Arabsa and Gerji.
Frequently asked questions
How much does property for sale in Summit cost on Real.et?
Real.et has 4 properties for sale in Summit right now, with asking prices from ETB 4.8 million to ETB 16 million. Prices depend on the property type, size and finish.
How much is rent in Summit on Real.et?
Real.et has 1 rental in Summit right now, with asking rent from ETB 25,000 to ETB 25,000 per month.
Is Summit a good place to live?
Summit is a good choice for buyers and tenants who want a condominium unit or a villa at lower prices than Bole. It has no light rail station, so most trips are by taxi or car.
How do I spell Summit in listings?
Listings use Summit, Sumit and the Amharic ሰሚት. Some also name nearby Figa or Fiyel Bet. This page shows all of them.
What is Summit 72?
Summit 72 is a compound by Get-As Real Estate. It has 32 G+1 villas and several apartment towers on about 40,000 square meters.




