This is not a threshold issue (other than a Boolean threshold of the drone operator needing to comply with the law and not doing so).
There is no lower limit for aircraft in the process of taking off or landing. I’m much more familiar with US aviation law, so I’ll give you US citation there, but it’s not likely to be wildly different elsewhere.
A fairly typical approach slope is 3°, which would put an aircraft around 320’ above touchdown zone elevation at 1 nm. There is of course some variation above and below that.
There’s no incentive for the pilot to shade or cheat their reported position. They would be legal at 419 feet and 1.625 nm just as well as 500’ and 1 nm.
Canadian regs (US are different here) require that if this were an airport without a control tower, the drone would need to be a minimum of 3 miles away from it. With an operating control tower, the drone operator needs permission and active radio contact with the tower.
The general safe altitude law in the US is 91.119*, which begins: Except when necessary for takeoff or landing, no person may operate an aircraft below the following altitudes: (Necessary is consistently interpreted somewhat broadly rather than extremely narrowly.)
* https://www.law.cornell.edu/cfr/text/14/91.119