In a medium saucepan over medium heat, add strawberries, sugar, and water. Bring to a boil, then reduce heat. Let simmer, stirring occasionally, for 20 minutes or until strawberries have broken down and reduced.
Remove saucepsan from heat. Add in vanilla, then stir well.
Allow syrup to cool for 10-15 minutes.
Optional: If you'd like a smoother sauce, strain strawberry sauce through a strainer to remove seeds and thicker pulp.
Recipe makes 1 1/2 cups syrup.
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