If you are referring to Cameron Falls, then I think you accidentally added a zero. Takes 10 minutes to walk from the falls to the place you rent scooters from.
Checkout the links below for lots of information.
http://www.pc.gc.ca/pn-np/ab/Waterton/index_e.asp
http://www.watertoninfo.ab.ca/
Some of the popular things are:
- Red Rock Canyon.
- short hike from Red Rock to Blackiston falls.
- hike up bear's hump. Over looks the townsite.
- Cameron Lake. A couple short trails from there.
- Cameron Falls in the townsite
- Bertha Falls and Bertha Lake
- Ice Cream. It seems that everybody who goes to Waterton stops for ice cream.
Check out those websites, and if you have any questions about what you see, post them here and I or others will see what we can do to answer them.