Carpe is for sale


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UPDATE: conditional offer closed as of April 25, so the boat is no longer available.

Carpe, a 42′ Grand Banks Trawler was built in Hong Kong and the USA in 1970.  She is a classic wooden trawler that has been carefully restored over the past decade.


Table of Contents

    1. Overall description and offer
    2. History
    3. Interior Layout
    4. Construction details and inventory
    5. Ongoing work required
    6. Optional equipment


1. Overall Description and offer

  • Type: Grand Banks Trawler
  • Length: 42’ LOA, Beam: 14′, Draft: 4′
  • Displacement: estimated at 15-16 tons / 30,000-32,000 lbs.  
  • Date built: 1970, Hull number 173
  • Materials: hull is 1/25″ solid mahogany in excellent condition, fastened throughout with bronze screws.  Structural members are made of yacca, a rot-resistent tropical hardwood.  Decks are 1″ teak.  Superstructure sheathing is 5/8″ marine ply
  • Engines: twin 120 HP Ford Lehman Diesels.  Estimated hours <5000.  Engines are in good condition and reliable.  Economical cruising at 6-8 knots.  Original manuals available.
  • Accommodations: Extremely comforable for 2 couples or couple with family, with 2 cabins, 2 heads, plus the settee in the main salon and the upper deck
  • Builder: Grand Banks / American Marine
  • Registration:  Formerly a US licensed boat, currently registered nationally with Transport Canada, Port of Registry is Toronto.
  • Restoration: We assumed ownership in 2010 and have been continually updating the boat since.  Details in section 2 below.
  • Inventory: See section 4 below for a detailed inventory

2. History

Details about Carpe’s early history are scarce.  Like all wooden Grand Bank Trawlers of that era, the hull was built in Kowloon Bay, Hong Kong.  She was then shipped to the US where the engines and systems were installed..

We know that she spend years in the NYC area, under two different names, and was brought to Canada in the late 1990s.

She was operated for some years out of Port Credit, west of Toronto.  Sometime in the early 2000s, her then owner apparently lost interest.  When we discovered her, she had been left on the hard in Port Credit for 8 years.  An enterprising former Navy diver rescued her from being chainsawed for the engines.

After a detailed inspection, we concluded that despite some significant issues with the plywood superstructure, the structural members, hull, and system were in surprisingly good condition given her treatment.  After verifying that her engines were working, we took her over.  We started work on April 4, 2010, and to the surprise of the local marina staff (who assumed she was a goner), launched her on June 3, 2010.  In that time period, we:

  • Replaced 25% of the superstructure sheathing with new marine plywood
  • Replace 60 linear feet of teak planking.  The rest of the hull was in excellent condition
  • Recaulked the hull throughout
  • Cleaned out the fuel tanks
  • New bottom paint
  • New topside paint on hull and superstructure
  • Inspected and serviced all systems

After her initial launch, we motored to Cobourg, and then to Brighton Bay.  She has lived in the area since, alternating among Rice Lake, Lake Ontario, and the Bay of Quinte.  While continuing the restortation, she has enabled us to enjoy cruising expeditions each season including to Georgian Bay up and down the Trent Waterway, multiple cruises in the Bay of Quinte and the 1000 Islands, and a trip up the Rideau Canal.

Over the years since launch, we:

  • Replaced another 50% of the superstructure sheathing with new marine plywood, for a total of ~75%
  • Rebedded all of the windows and ports
  • Removed and rebedded the rub rails
  • Rebuilt the port engine fuel injection pump, and had the valves serviced on both engines
  • Rebuilt the port transmission
  • Upgraded the boat’s wiring and electronics, including new depth transponder, Garmin multifunction display, Digital Yachts AIS receiver that relays data over N2K and wifi
  • Replaced the toilet in the forward head with a new electric toilets
  • Installed 6″ copper strip at the waterline
  • Added a second new VHF radio at the upper steering station
  • Installed new bilge pumps and float switches
  • Installed new 12 gallon hot water tank, heats from shore power and engine coolant circuit
  • Installed new high capacity deep cycle gel cell battery banks
  • Installed new Xantrex smart 3-stage external alternator regulators
  • Replaced the fuel lift pump on the starboard engine
  • Replaced the engine room blower fan
  • Replaced windscreens on the flybridge
  • Installed a bimini for shade on the upper deck
  • Removed obselete radar antenna and display unit
  • Continued removal or treatment of woodwork as necessary
  • Continue to work on re-installing refinished teak trim pieces

3. Interior layout

Interior layout, from bow to stern:

  • Chain locker
  • Forward cabin, sleeps 2 in V-berth, stowage under
  • Head to starboard with toilet, sink and full-size shower
  • Ladder up to main cabin
  • Main cabin has galley to port forward, steering station to starboard forward
  • Dining area to starboard, aft
  • Locker to port, aft, with ladder to aft cabin
  • Aft cabin has 2 bunks, head with toilet, sink, and shower / tub
  • Access from aft cabin to aft deck
  • Ladder to large bridge deck with upper steering station and extensive storage
  • Large engine space under the main cabin, containing the engines, battery banks, fuel tanks, hot water tank, and holding tank
  • Large lazarette under the aft deck
  • Cabin sole: teak
  • Headroom: > 6′ 2″ throughout

4. Contruction details and inventory

  • Structural members: yacca, in excellent condition
  • Planking: 1.25″ mahogany, all but 60 lineal feet on the starboard side is original.
  • Fastenings: bronze screws.  Inspected in 2010, no sign of corrosion.  Boat has been in fresh water since
  • Paint:
    • Topsides and superstructure finished with Brightside 4259 White one-part epoxy. 
    • Bottom finished with black anti-fouling paint (Bottomkote)
    • Bootstripe: jade, one-part  epoxy
  • Engines: Twin 120 HP Ford Lehman 6 cylinder diesels, estimated hours <5000.  Original stainless drip-trays under the engines. These engines are actively supported by American Diesel, a company founded by the original designer of the engines and is carried on by the next generationz in the family.  American Diesel’s reputation for sharing knowledge, and providing fast parts service is second to none. We have had excellent advice and parts service from them.
  • Alternators: twin 60 amp alternators with smart Xantrex 3 stage external regulators
  • Fuel tanks:  > 600 gallons in 4 tanks (2 X 190, 2 X 130)
  • Water: 240 gallons in 2 tanks (2 X 120)
  • 12v fresh water pump and accumulator.  Deckwash faucet on aft deck
  • Holding tank: 30 gallons.  Macerator pump for overboard discharge where legally permitted
  • Hot water tank: 12 gallons, under galley. 120 V element, also heated by engine coolant loop
  • Bilge pumps: main 12v  bilge and backup 12v bilge pumps and float switches.  Emergency manual pump (may need new seals, as sometimes hard to prime)
  • Deck: 1″ teak planking (actual thickness, not nominal)
  • Spars: Mast and boom.  Boom can be used as derrick for launching dinghy.  Can also carry a steadying sail (sail not included.  Mast currently not installed on boat but is available and is in good condition)
  • Ground tackle: 2 danforth anchors forward, mixed chain / rope rode on each.  Anchor windless on foredeck.  Additional smaller danforth in lazarette
  • Upper and lower steering stations have twin shifters, throttles, tachs, oil pressure gauges, coolant temperature gauges, amp / voltage meters
  • Two VHF radios, older model at lower station, newer unit at upper station.  Loudhailer at lower station
  • Electric horn
  • Spotlight at upper station
  • Garmin GMI 10 multifunction display shows depth and speed.  Capacity to network both 0183 and N2K instruments.
  • Digital Yacht AIS receiver, multiplexes 0183 and N2K AIS/instrument data to mobile devices over WiFi
  • Steering: Twin rudders, chain to upper steering station, cable to rudders
  • Original Ware autopilot: not functional
  • Ships clock
  • Barometer
  • Throughhulls and seacocks: bronze in good condition
  • Propellers: 3 blade bronze.  2 spare props
  • AC and DC electrical panels
  • High capacity Heart inverter / charger, controlled by Xantrex Link 1000 unit
  • 4 gel cell high capacity deep cycle batteries, organized in 2 battery banks.  Switch for parallelling the batteries when charging from shore power
  • 4 burner propane stove and oven, two propane tanks with solenoid and alarm system
  • 120v fridge (can be powered by inverter when underway)
  • Mooring lines, 8 fenders, spare line, etc. included
  • Assorted dishes, cutlery, glasses, mugs, etc.
  • Assorted engine spares, fastenings, and other spare parts
  • Assorted tools
  • 2 boathooks
  • Flare kit
  • Lifering and line
  • 6 PFDs
  • 3 fire extinguishers
  • Cushions for upper seating, main salon seating
  • Main salon table is dual purpose, can be lowered to coffee table height
  • Mattresses for forward and aft cabins (aft cabin mattresses not currently on board)
  • 2 shore power cables and adapters, extension cable, trouble light
  • Fresh water hose
  • 2 tall and 3 short folding captains chairs
  • Swim ladder

5. Ongoing work required

Carpe is ready to cruise as is. For this season, we are working on: replacing missing cosmetic plugs over various fasteners in the teak deck, replacing the quarter round at the superstructure-deck interface, and various paint and caulking updates, most already complete.

Longer-term, a new owner will need to make decisions about the following (none of which affect enjoyment of the boat):

  • The original Onan diesel generator turns over but does not run and will need to be rebuilt
  • Adding an additional navigation display on the upper deck.  Depth/speed is available at the lower station
  • Tachometer guages or senders need service, or switch to alternator-driven tachs
  • The original autopilot (which uses pre-transistor vacuum tube technology) is not working.  The steering motor works and could be retrofitted with new electronics
  • All of the original teak trim pieces are available, but some have not yet been reinstalled since replacing much of the superstructure sheathing
  • There are a few small holes and stains in the head-liner
  • Some cosmetic repairs are needed on the cabin doors
  • Some of the varnish on the cabin soles should be renewed
  • Small lexan sheet protecting the upper engine instruments is cloudy and should be replaced
  • There are 4 cracks in windows that will ultimately need replacement
  • Electric toilet in aft head needs repair or replacement
  • Galley blower fan needs replacement

6. Optional equipment
Optional equipment includes:

  • 7.5′ fibreglas dinghy ($500)
  • Ice-eater device if you wish to store the boat in-water over the winter ($500)

Additional interior photos

Forward cabin

Forward head

Aft cabin

Aft cabin

Aft head

Aft head detail

Looking forward from aft cabin

Looking aft to entrance to rear cabin



Main salon, port side

Main salon table (dual height, converts to coffee table)

Main salon looking forward

Helm position

Fibreglas dinghy (available if desired, not included in vessel price)



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