The intersection of University Avenue and King Street was completely closed to traffic for the entire morning rush hour on Monday after a streetcar derailment.

The 504 streetcar was travelling along King Street at around 6:50 when it collided with a SUV, left the tracks and ended up partially on a sidewalk.

Three occupants of the SUV, which was being operated as a Lyft, were taken to hospital with minor injuries as a result of the collision. Nobody travelling on the streetcar was hurt.

In a statement, a spokesperson for Lyft said that their thoughts are with those involved.

"We have spoken with the driver and rider to express our support and stand ready to assist law enforcement with any investigation,” the spokesperson said.

In a message posted to Twitter earlier on Monday, TTC Spokesperson Stuart Green described the incident as a “significant derailment.”

University Avenue was closed in both directions between Adelaide and Wellington streets, however the streetcar was removed from the scene and the roadway reopened just after 10 a.m.