Welcome to 131 Water Street in the heart of Wallaceburg, a rare opportunity to own a waterfront property along the beautiful Sydenham River. This home is full of potential and ready for your personal touch, offering the perfect canvas for buyers looking to create their dream space. The main level features a functional layout with 2 bedrooms and a full bathroom, along with a spacious open-concept kitchen complete with solid wood cabinetry and a central island, ideal for entertaining. Upstairs, you'll find 2 additional bedrooms, offering great space for family or guests, with an opportunity to add your finishing touches. A thoughtfully positioned home allows for a great backyard space with lots of room to enjoy the outdoors. A carport adds convenience, while the standout feature is the rear deck overlooking the water, perfect for relaxing and taking in the peaceful river views. Backing directly onto the Sydenham River, creating a serene waterfront setting. Located where the North and East branches of the Sydenham River meet, this property offers direct access to one of Canada's most biologically diverse waterways. Enjoy boating, fishing or paddling right from your backyard. The river flows into Lake St. Clair, making it a popular route for boaters seeking access to larger bodies of water. This property offers incredible potential in a charming and vibrant community.