The Lake Louise Inn is a fantastic resort nestled in the heart of Banff National Park, offering breathtaking views of the Canadian Rockies. It is a more budget friendly option than the Fairmont Chateau, but still is pretty close to the lake.
You can drive to Lake Louise parking lot in 8 minutes and Lake Moraine shuttle stops right by the property.
The property is pretty big and some parts of it are renovated and some are not, I would recommend asking for the renovated unit at check in.