Definitely 1985, based on the serial number. The HLE tubing and 27" rims inicate entry level, but the fact that the rims are aluminum suggest it was not bottom of the line. The HLE tubing is hi-tensile steel and it took over from Carbolite 103. Based on the serial number and fact that it has lugless construction, it would appear to be a French model, as the Canadian manufacturered frames did not have DBS technology at that time. However, it could have been assembled in Canada. Based on the description, it sounds like it may be a PH10 variant.