Furniture shown in floorplans are often shown under-sized to make the rooms seem larger.
That bed shown is probably a double, not a queen bed, given that the bedroom is only 8 feet. My queen bed for sure won't fit in that bedroom.
Those two chaise on the terrace is the same width as the kitchen counter depth. The column is pretty comical -- not a good living room to watch sports or movies (showing the placement of the TV shifted away from the column doesn't help).
I agree with you all that having two full-sized baths in a small 1-bedroom unit doesn't make sense and is a waste of space. I too prefer not to share my own bath with guests, but here a compact powder room would be most appropriate. Just move the closet and W/D to the den side and replace it with a powder room -- the den now becomes large enough to be a real practical room, not just a nook.
The huge terrace is probably the nicest feature of this unit.
I remember in general, the floorplans of the units are not very well designed here with many odd column placements.
BTW, floorplans should be posted in the "Rate this Design/Floorplan" forum section:
https://urbantoronto.ca/forum/forums/rate-this-design-floorplan.35
There hasn't been new post there since April of 2016 (!) and such discussions and critiques are always fun.