You really only need the switch to be single pole. Just gap the same rail on each siding - don't gap the left rail on one staging track and run the feed through the toggle, then gap the right rail of the second staging track. Pick a side and be consistent.
The one that will be the program track needs both rails gapped. You can have an LED that is on when DCC power is turned on, but the LED would eb off when the track is switched off, or when in program mode. If you want a different LED to light when in program mode, you'll need more switch contacts, since the program track does not have constant voltage to it.
In fact, the best way to do a program track is to have an in-between isoalted section that goes completely dead when in program mode. This keeps a loco from creeping over the gap during programming an dlinking the whole layout to the program track - either programming every loco on the layout, or frying the command station. For that you need a 4PDT switch, and that's before controlling any LEDs.
Diagrams for the program track here on DCC Wiki:
DCC Programming track (dccwiki.com)
--Randy
Modeling the Reading Railroad in the 1950's
Visit my web site at www.readingeastpenn.com for construction updates, DCC Info, and more.