The lake lies south of the Bow Summitt, east of the Waputik Range (views including Wapta Icefield, Bow Glacier, Bow Peak, Mount Thompson, Crowfoot Glacier and Crowfoot Mountain) and west of the Dolomite Pass, Dolomite Peak and Cirque Peak.
Bow Lake is one of the lakes that line the Icefields Parkway in Banff National Park and Jasper National Park, other such lakes being Hector Lake, Lake Louise, Peyto Lake, Mistaya Lake, Waterfowl Lakes, Chephren Lake and Sunwapta Lake.
Bow Lake is the closest lake to the headwaters of Bow River, and has a total area of 3.21 km².
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