Rare luxurious 2-unit lakefront townhome in the vibrant heart of downtown Tualatin. This premier property combines an upscale residence with an immediate income-generating commercial space on the main level. Enjoy panoramic views of Tualatin Lake, the newly unveiled Veterans Plaza, and the renovated splash pad. Inherit a reliable tenant with a successful hair salon operating in the commercial space for the past 8 years. Step outside to a highly walkable district filled with dozens of restaurants, shops, parks, the library, bus lines, and the WES station, while top tier Bridgeport Village shopping, dining and theater are just one mile away. The elegant residence features 3 spacious bedrooms, 2.5 bathrooms, and a massive private balcony perfect for taking in the picturesque lakefront scenery. The bright interior boasts soaring 9-foot ceilings and expansive floor-to-ceiling windows that flood the home with natural light. The beautifully appointed kitchen comes fully equipped with premium granite countertops, basalt tile, stainless steel appliances, a gas stove, and a walk-in pantry. Relax in the inviting living room centered around an inviting gas fireplace with modern convenience at your fingertips controlled from your phone, including the video doorbell, secure door lock codes, and automated motorized shades. Upstairs, the decadent primary suite serves as a serene sanctuary with unrivaled lake views, private bathroom featuring a double vanity and jetted soaking tub, a walk-in closet, and close to the washer and dryer conveniently located on the same level as all 3 bright bedrooms. The private, oversized 2-car garage provides abundant storage and ample room to comfortably park. This unique property perfectly blends sophisticated lakeside living, unparalleled walkability, and exceptional future investment value and cash flow.