A privately-run bus service that was supposed to provide TTC-weary commuters with an alternative to the crowded 504 King streetcar will not be returning to the road after all.

After announcing earlier this month that the Liberty Village Express will resume full operations on Monday, LineSix Transit says it is suspending the full launch of the charter bus service "on the advice of legal counsel."

In a statement released Friday afternoon, co-founders Taylor Scollon and Brett Chang apologized to customers who had already purchased tickets.

"This is a tough decision for us, and we didn't come to it lightly, but after careful consideration and consultation, we think it’s the right one," the business partners said in the statement.

"We are committed to being 100 per cent compliant with city regulations and it would be unfair to customers and to the city if we proceeded with service without full clarity on the issue."

Scollon and Chang said customers have been issued a full refund for the tickets they purchased. A one-way trip on the bus would have cost commuters $4.50, or $4.25 with the purchase of a monthly pass.

Last September, the bus company – named after Drake's album "View From the 6" – launched a successful, week-long trial run of its charter service.

The express bus stopped at the intersections of Pirandello and East Liberty Streets, and University Avenue and Front Street.