Penny Lane 221 Ash St, New Westminster, BC V3M 3M5, Canada LMS1728. Penny Lane is located on Ash Street and 3rdAvenue in a convenient neighbourhood of New Westminster. Built in 1994, Penny Lane has 3 levels and contains 18 homes. Penny Lane is located near Tipperary Park, New Westminster Public Library, Save On Foods, McDonaldâs, Douglas College, Boston Pizza, and Royal City Centre Shopping Centre. Transit and major routes are within walking distance. Features of Penny Lane include in suite laundry, and a garden.