I agree with Matt. There are few darkroom chemicals which require serious ventilation. When you are spending 2-5 hours if not more in a small space, you're going to want a good comfortable working environment. Ventilation helps _a lot_ in this aspect. OTOH, i've only worked in one darkroom with good ventilation. I've had three darkrooms, one a small bathroom (5x4 feet, I sat on the toilet to print. The trays sat in the tub) was not comfortable.. I printed very little like that.
The best was without ventilation but spanned two large rooms, had comfort mats on the floor, music, a lot of safelights..
You can develop a sensitivity to metol (found in dektol) and other chemicals, particularly by dunking your hands in the stuff repeatedly over time.
My photography teacher who had been teaching darkroom skills for 15+ years had this.. her hands were dry, chapped, red.. to the point that her skin was extremely scaley. She would get headaches and feel tired after a short while of working in there.. I worked with a guy in a lab, he'd get a little bit of the C41 1st developer on his skin and break out in rashes.. This was after years (15+ again) of not even washing his hands after he got the stuff on him.
I guess what i'm trying to say is that since it's your first darkroom, or first darkroom in a bathroom.. I personally wouldn't worry so much about it..
Long winded, huh? Jeesh. If you're going to sepia tone, or even selenium tone stuff.. do it outside. Or in a room with better air exchange.
When you can build a darkroom, or move into one and change things.. ventilation is a nice thing.