The Yellow Rose Pension is well situated on a side street -- only a few minutes walk to the waterfront and not far from the clock tower in the centre of Canakkale. There are a variety of places to eat and supermarkets nearby, and it is close to the bus station and ferries across to Eceabat and Gallipoli. To get to the hostel you should take the first street on the left after the clock tower (if walking with the water on the right hand side of you). From here it is the first street on the right. It is a bright yellow building with a sign out the front.
The reception area is at street level, along with a computer for free internet access, a large communal area with a number of sets of tables and chairs, and a large TV screen where you can watch cable TV or the Gallipoli movie and documentary. There is also a very small kitchen area for guest use just off the communal area by the TV. It is quite basic and consists of a couple of elements, a few pots and pans, plates, and basic eating cutlery. It's not really set up for any major gourmet activity, but is a rarity in Turkey and is sufficient for making your own tea or coffee, or making a simple dinner or snacks. Outside there is also a communal courtyard with tables and chairs as well as table tennis.
Yellow Rose offers dorm beds and a range of private rooms with and without bathrooms. Most of the rooms are sunny and well-laid out with lots of space and a very homey feeling. The prices are highly competitive for this area and include free breakfast (standard Turkish style with cucumber, tomato, egg, jam, and bread with tea or coffee).
Overall the place is kept very clean and is bright and spacious. It is a great alternative to some of the more well-known and busy Canakkale hostels. It can be very quiet, but sometimes has group bookings that fill the place up, so be sure to book ahead. And if you plan on staying on longer than you originally book for, be sure to check ahead of time that there will be space -- something we learned the hard way!