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Grand Banks

42 Classic

$49,500 CAD

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**** Price Reduction !! **** What better way to join the worldwide family of Grand Banks owners and cruisers, than with an iconic wood boat. Identical at first glance to a boat from the 1980’s or 90’s, with the same attributes of integrity and built quality, but with the advantages inherent to a wood boat, a quieter ride and more confident character in all sea conditions. Northerly is a tidy and well cared for example of a Classic 42 Grand Banks Tri-Cabin trawler, well outfitted and suited for cruising in our Pacific Northwest waters. Boathouse kept in recent years, well cared for and maintained, extensively upgraded over time, her brightwork, teak decks, interiors and exteriors all in good condition. The salon and galley are bright, open and spacious, the staterooms and heads are warm, and comfortable. Weather you're a young family or a cruising couple; out for weekend getaway’s or extended holidays up the coast, Northerly is a ready and capable yacht for all your summer adventures.
Location Vancouver , BC
Condition Used
Category Trawlers
Overall Length
Year 1973
Hull Material Wood
Hull Beam 13.92
Fuel Capacity 640
Engine Power 135.0
Engine 1 Make & Model Ford Lehman 2714E
Engine 1 Type
Engine 1 Fuel diesel
Engine 1 Year 1973
Elements of Northerly

Quoted from the original owners manual found aboard Northerly

It gives us great pleasure to welcome you into the ever growing fleet of Grand Banks diesel cruisers. Since their introduction, these boats have made extensive cruises along the inland waters and in open seas around the world and we are sure that your Grand Banks will give you many hours of pleasurable cruising. 

In total over 1500 Grand Banks 42 Classic Trawlers were produced, the first 352 wood construction. Northerly is hull 341, one of the last and most refined of these wood production vessels. GB42's are world renowned as trawlers with traditional lines that are seaworthy, safe and comfortable, their thick mahogany hull creates a dry, warm and quiet environment inside.

Northerly’s current owners have a long history with wood boats and consequently have had the passion and understanding required for their care and upkeep. Recent work completed includes, refitting of command bridge, foredeck, and aft cabin decks with non skid FRP. Installation of low maintenance custom stainless steel handrails. Transom, bulwarks, teak decks, planking, windows and frames, have also been rebuilt and replaced where needed. Brightwork is in good condition. Upgrading and replacement of heads, galley appliances and refinished teak soles have also have been completed. New batteries were installed, and engine service and maintenance performed as a matter of routine.


This 42 Grand Banks Classic Trawler is a traditional Tri-Cabin layout, with aft master cabin, forward guest accommodations, and spacious salon and galley in between.

The master cabin has a private companionway leading from the aft deck, and opening windows that provide ventilation and plenty of natural light. Twin berths, with drawers underneath are on port and starboard separated by a large teak bureau. The private ensuite with separate shower and tub enclosure, sink, and vanity. The full size hanging locker is adjacent to the companionway leading up to the salon.

The living space in the salon is very inviting; bright, open and airy, large windows and clear visibility abound. Refinished teak parquet soles throughout. Starboard side is the expansive L-shaped settee with dinning table and teak bar cabinet. The portside galley is complete with fridge/freezer, propane stove, stainless sink and abundant storage. The lower helm station with navigation equipment, engine instrumentation and chart table is to starboard.

Down a few steps is the forward guest accommodation, a double v-berth with storage below. There is also a separate ensuite with head, shower, and hand basin.

Salon and Galley
  • new 3 burner Dickinson propane stove
  • rebuilt fridge/ freezer with teak door
  • large stainless sink
  • ample storage and counter space
  • teak bar cabinet
  • refinished parquet floors
  • two opening side doors
  • five opening windows
  • brass clock 

Aft Cabin

  • large twin berths
  • teak cabinet with drawers
  • hanging locker
  • new Sealand Master Flush electric head
  • separate shower stall and tub
  • Sealand Master Flush electric head
  • vanity and storage


Forward Cabin

  • large double V-Berth
  • storage drawers
  • new Jabsco manual head
  • vanity and storage


Command Bridge

The flybridge and upper helm are accessed via teak stairs from the aft deck. Double facing bench seats provide seating and storage. There is abundant deck space for both entertaining and storage of equipment, paddle boards, kayaks or a tender.

  • canvas bimini top
  • morse engine controls
  • gauges and engine instrumentation
  • compass
  • aluminium mast 


Deck and Hull
  • walk around teak decks
  • custom stainless steel railings
  • new varnish and brightwork
  • teak ladders and steps
  • windlass
  • anchor and rode
  • large lazarette on aft deck
  • brass rub rail detail
  • hull re-caulked 2010
  • new windows and tracks 2010
  • window canvas
  • FRP anti skid flybridge and cabin decks 2015
  • bottom paint and zincs July 2017
  • hull, deck and cabin painted October 2017
Electronic and Navigation
  • Furuno 1830 Radar
  • Furuno FCV-582 Color Video Sounder
  • Furuno GP-30/35 GPS Navigator
  • morse engine controls
  • compass
  • gauges and engine instrumentation
  • stainless ships wheel 


Electrical System
  • ME Magnum Inverter / Chargers
  • Magnum ME-RC Controller
  • 30 AMP shore power
  • Torrid hot water tank
  •  house batteries


Engines and Mechanical

The engine room is large and spacious, with ample room and access for service or for installation of additional equipment and storage.

  • single 135HP Ford Lehman
  • engine meter shows 3000 hours
  • 4 blade bronze prop
  • genset
  • forced hot air furnace
  • Racor fuel filters
  • fuel tanks polished March 2018


  • Folding aluminum mast conversion and radar installation is partially completed.

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.



Would you like more information?

Call us at Vancouver: 604-687-8943 or Sidney: 250-656-8909. Don't feel like talking? You can contact us using the form below.

Disclaimer: The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigatge such details as the buyer desires validated. Price, if shown, may not include applicable state or government fees, taxes, destination charges, preparation charges, or finance charges (if applicable). Final actual sales price may vary depending on options or accessories selected. This vessel is offered subject to prior sale, price change, manufacturer revision, or withdrawal without notice.

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